News / International
South Korean Firm to Modernize the Iranian Tabriz Oil Refinery
South Korea’s SK Engineering & Construction Company will partner with Iran’s Tabriz Oil Refining Company to conduct $1.6 billion worth of renovations at the Tabriz facility.
Oman Produces More Petroleum Products
Oman’s production of petroleum products rose 12% year-on-year during the first half of 2017.
Kirkuk Government Opposes Iran-Iraq Pipeline
The Provincial Government of Kirkuk will not cooperate with the central government’s plans to export oil from the Kirkuk oil fields to Iran.
ENOC to receive $500 M Loan to Fuel Expansion
The Emirates National Oil Company (ENOC) is set to receive a $500 million loan.
In a first, Saudi Energy Minister Meets with Hedge-Fund Investors
The Saudi Energy Minister, Khalid El Falih, met with key hedge-fund investors last month.
Freight Rates for Crude Oil Fall Further
Crude-oil transport rates between Asia and the Middle East fell again on Thursday, sinking to W46.25.
Oman to Build First Wind Power Project
Oman is set to commence work on its first wind-power project.
Sapiem to Establish New Base in UAE
Sapiem signed an agreement with the Director of the Hamriyah Free Zone Authority (HFZA), Saud Salem Al Mazrouei, and Sharjah Airport Free Zone Authority to establish a major base in the UAE.
