News / International
Kuwait to Open Refinery in Vietnam in 2018
Kuwait’s refinery in Vietnam will begin operating in July 2018 with a capacity of 2,000b/d, according to Kuwait Petroleum International’s (KPI) CEO, Bakheet Al-Rashidi.
Iran, Total to Finalize $2b Gas Contract
Iran and French energy giant Total will finalize a $2b gas contract in April, according to Iranian Oil Minister, Bijan Namdar Zanganeh.
ADNOC, Vitol Signed 10-Year LPG Agreement
The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Vitol, the world’s largest independent energy trader, for the sale of up to 528,000t/y of liquefied petroleum gas (LPG), to Vitol over the next ten years.
Siemens Contributes to Ghana’s Oil, Gas Capacity Building
Siemens Ghana launched an oil and gas training program to help the country meet its local energy demands.
Aramco Mulls Shares for Saudi Citizens
Oil giant Saudi Aramco is reportedly considering offering shares to citizens of Saudi Arabia as it prepares for an initial public offering (IPO) that could be the biggest the world has ever seen.
Iran Ready to Sign 100,000b/d Deal with Moscow
Iranian Minister of Petroleum, Bijan Zanganeh, said Tehran is set to sign a deal with Moscow within early March to sell 100,000b/d of oil to Russia.
NNPC Recorded $2.45b Crude Oil Export in 2016
The Nigerian National Petroleum Corporation (NNPC) recorded $2.45b crude oil export sales in 2016.
Qatar Inaugurated $1.5b Laffan Refinery 2
Qatar has officially inaugurated its $1.5b Laffan Refinery 2 (LR2) in Ras Laffan, which has a capacity to refine 146,000b/d of condensate from the North Field.
