Iran is preparing to refine 100,000b/d of the Kurdistan Regional Government’s (KRG) crude oil at the Tabriz and Raham refineries in Iran’s South Azerbaijan Province.
A pipeline linking Iraq’s Kirkuk field to Turkey’s Ceyhan port was repaired after it was halted. A flow test took place and operations are expected to return to normal exports levels of more than 90,000b/d.
Egypt's Khalda Petroleum Company (Apache) uncovered 7 new oil and gas discoveries in the country's Western Desert area during fiscal year 2015/2016, in addition to drilling 50 new wells and completing work on 191 wel ...
El Molla emphasized the importance of improving oil and gas companies in order to increase their productivity to cover local demand of petroleum derivatives specially butane, diesel and benzine.
The National Iranian Oil Company expects to complete a pipeline and a terminal near Kharg Island by the end of 2016, in preparation to start exporting the new grade crude, known as West Kharoon.
Oman’s crude oil exports grew by 6.2% during the first seven months of 2016. However, the average price of Omani crude fell by 39.9% in the overseas markets during the same period of time, resulting in a net revenue ...
North Abu Qir3 area's 500bcf gas reserves and 20mb oil reserves are expected to push Abu Qir Petroleum's gas production to reach 300mcf/d and oil production to 7000b/d of condensates and 270 tone of butane daily.
Petrobel invested $948m in oil and gas exploration and operations during the fiscal year 2015/2016, with $426m directed towards the development of wells, leading to a hike in reserves of around 5.8m barrels of crude ...