Wednesday, 26th August 2020
Iraq’s oil ministry has announced that oil revenues accounted for in excess of $3.49 billion after a total of 85.6 million barrels of oil (mmbbl) were exported.
Sunday, 28th July 2019
Saudi Arabia plans to increase the capacity of the East-West Pipeline by 40% within two years in order to avoid exporting oil through the Strait of Hormuz.
Monday, 8th July 2019
Iran is hoping for an improvement in crude oil exports despite further sanctions imposed by the US.
Thursday, 13th June 2019
An unspecified incident took place in the Gulf of Oman and has reportedly affected two oil tankers.
Tuesday, 24th January 2017McDermott International has been awarded a substantial contract from Saudi Aramco for engineering, procurement, construction, and installation (EPCI) services in the Safaniya and Zuluf fields offshore Saudi Arabia.
Monday, 20th June 2016New toll rates have been set by Egypt’s Suez Canal Authority, as part of a six-month experiment, for the oil tankers that will be using the vital waterway do deliver any very large crude carriers (VLCCs)