Egypt’s Alexandria Mineral Oils Company (AMOC) reached an agreement with the State Oil Company of Azerbaijan Republic (SOCAR) over exporting 3,000 tons of Mazot during June 2017, according to Cement Egypt. AMOC ...
Kuwait’s crude oil exports to China in the first five months of 2017 grew 5.6% from the same period of 2016 to be 326,000b/d. In May alone, Kuwait exported 318,000b/d to the world’s second largest oil consumer, down 7...
Russian Energy Company Rosneft is expected to start exporting natural gas from the Egyptian gas field of Zohr, considered to be among the world’s largest, reported UPI. A source at Rosneft stated to TASS, “Igor ...
Iranian Oil Minister, Bijan Zanganeh, said that OPEC members are considering further oil output cuts but should wait until the effect of the current reduced level of production is made clear. Zanganeh said “We a...
Suez Canal Authority (SCA)’s Chairman, Mohab Mamish, raised the Egyptian flag on the largest multi-purpose supply vessel in the Middle East, which is made in China. Named after former SCA’s Chairman, Ahmad...
Qatar Petroleum( QP), state-run energy firm, said it is carrying out normal operations despite the land, sea and air disruptions after neighboring countries of Saudi Arabia, United Arab Emirates and Bahrain severed di...
Iraq’s Deputy Petroleum Minister for Production and Exploration, Karim Hattab, said that the ministry plans to increase the exporting capacity of Amaya terminal in Basra to nearly 1mb/d, adding that the Basra Oi...
Russia’s largest oil company, Rosneft, has served notice that it will step up production in the event of a sudden end to the agreement among major crude producers to curb output in an effort to prop up prices, Financi...
Qatar, the world’s biggest seller of liquefied natural gas (LNG), can still access shipping routes to deliver oil and gas to buyers after Saudi Arabia and other neighboring states barred the emirate from exporting thr...
ABB is planning to establish a $10m power transformer plant in 10th of Ramadan City, the company’s power products unit manager Mohamed Salem said, according to Al Borsa. The plant is expected to have a production capa...