News / International
ADNOC Negotiates for a $5 Billion Loan
Abu Dhabi oil giant ADNOC has entered negotiations for syndicated loan worth up to $5 billion.
Saudi Cabinet Approves Proposal for a National Program for Atomic Energy
Saudi Arabia’s cabinet of ministers approved a proposal to develop a national program for atomic energy during its meeting at the end of July.
Iraq Announces Gas Liquids, Condensates Exports
Iraq’s exports of gas liquids and condensates reached 59,370 tons and 356,008 cubic meters respectively during the first half of 2017, announced the Iraqi Oil Minister, Jabar Ali al-Luaibi.
OPEC, Non-OPEC Countries to Discuss Non-Compliance with Agreement
Kuwait and Russia will chair a meeting in Abu Dhabi on August 7th and 8th to discuss why some signatories of last year’s oil-production agreement are failing to fulfill their promises to cut production.
UAE’s Fuel Prices to Increase in August
The UAE’s Ministry of Energy announced that fuel prices will rise in August.
Petrojet Establishes First LPG Storage Tank in Iraq’s Siba
Egypt's Petroleum Projects & Technical Consultations Company (PETROJET) installed its first liquefied natural gas (LNG) storage tank at the Iraqi Siba gas field.
Petrofac Signs New Agreements in Iraq
Iraq has awarded the UK-based company Petrofac a new contract and a contract extension of an existing agreement to provide engineering services to two international oil companies (IOCs).
Iran Eyes Further Development of South Pars Oil
The reservoir advisor committee at the National Iranian Oil Co. (NIOC) has reviewed possible scenarios for enhancing production at Iran's South Pars oil layer.
