Vitol, the world's largest oil trader, has predicted that the price of crude will at the most waver around the $60 a barrel level next year, in part because of Libyan production,
French-based Veolia Water Technologies has been awarded a contract to supply a zero liquid discharge evaporator and crystallizer for the Karbala Refinery Project in Iraq
Stephane Michel, head of Total's Middle East, exploration and production division announced that his company will finance oil projects and transfer related technical know-how to Iran in the post-sanctions era