In response to the declining oil prices, Iran plans to increase the mining sector’s share in the country’s GDP from the current less than 1% to more than 2% within ten years, reported Trade Arabia, citing a stud...
Nigeria announced it had approved a $2b (N407.07b) fuel subsidy package, including payments to oil marketers for accrued arrears from the two fiscal years, 2014 and 2015, SaharaReporters wrote. The approval came after...
The World Refining Association (WRA) announced in a press release that the Egypt Downstream Summit & Exhibition will take place on February the 15th, and will be held under the patronage of Tarek El Molla, Ministe...
OptaSense, a leading company in Distributed Acoustic Sensing (DAS) solutions, has signed a services agreement for upstream and downstream activities with Abu Dhabi’s Gulf Automation Services and Oilfield Supplies (Gas...
Qatargas Operating Company Limited (Qatargas) has granted a contract to Qatar Kentz for the engineering, procurement, supply, construction and commissioning of a water recycling facility at the planned Laffan Refinery...
Bahrain’s Energy Minister Dr Abdulhussain Mirza will patronize the third international ‘Pipeline Operations and Management – Middle East’ conference and exhibition, reported Trade Arabia. The future of oil pipel...
Gulf Petrochem Group, a company operating in the downstream and midstream sectors of the oil and energy industry, said it has opened its brand new state-of-the-art terminal in Sharjah, reported Trade Arabia. The m sto...
“During 2016-25, our upstream sector needs $176 b and the downstream sector needs $77 b of investment,” said Ali Kardor, the deputy for investment affairs of the National Iranian Oil Company (NIOC), report...
Saudi Butanol Co, a joint venture of local petrochemicals firms, has begun trials of its Jubail plant, reported Reuters. Testing will take between three and six months at the plant, said a statement from Sahara Petroc...
Officials in Tehran announced on Friday that Shell would be allowed to build 100 petrol stations in Iran, reported The Guardian. Nonetheless, a Shell spokesman in London said: “We have not sought, or been granted, any...