News / International
Iraq, UAE, Kazakhstan Recommit to Oil Cut Deal
Iraq, the UAE, and Kazakhstan, reiterated their support for January's production-cut agreement between OPEC and other major oil producers.
Hexagon Awarded Iraqi Order for LNG Cylinders
Hexagon Ragasco won a major new order for liquefied petroleum gas (LPG) cylinders from the Iraqi Gas Filling Company (GFC).
Iraqi Oil Minister Visits Saudi Arabia
Iraqi Oil Minister, Jabar El Luaibi, visited Saudi Arabia on August 8th to discuss the oil market and OPEC's efforts to stabilize prices.
US Oil Prices Sink Below $50
The US price of crude oil is hovering under $50 per barrel despite this week's meeting of oil producers in Abu Dhabi to discuss compliance with January's production-cut agreement.
UAE Looks to Boost Oil Production
Abu Dhabi National Oil Company (ADNOC) is in talks with potential partners for an offshore concession area that is currently operated by Abu Dhabi Maine Operating Company (ADMA-OPCO).
Oman’s DRPIC Grants $2.75B Contract to Spanish-Korean Consortium
Duqm Refinery & Petrochemical Industries Company (DRPIC) awarded a $2.75-billion contract to a Spanish-Korean consortium for the construction of its main processing plants.
Saudi Aramco to Cut Sales in September
Saudi Aramco, the Saudi oil giant, will cut shipments of crude oil to international customers by 520,000 barrels a day (b/d) in September.
Production Resumes at Libya’s Sharara Oil Field Following Protests
Libya’s Sharara oil field is resuming normal output following protests that slowed its production.
