Iraq’s Ministry of Oil stated that newly developed refineries are now operating at 100% capacity, marking a major advance in the country’s refining sector and positioning Iraq among petroleum-product exporters that me...
The Iraqi Ministry of Oil announced that domestic production of gas oil and gasoline has increased during 2019, Reuters reported. The current rate of gasoline production stands at 14. 29 million liters per day (b/d), ...
The National Iranian Oil Products Distribution Company (NIOPDC) has announced that the country has deployed its first Euro 4-compliant gas oil shipment to global markets, Hellenic Shipping News Worldwide reported. In ...
Iran and Iraq are expected to sign an agreement for export of 2m tons of gas oil to Iraq, which will turn the neighboring country into largest buyer of the Iranian oil product, the Mehr News Agency reported. National ...
Egypt and Saudi Arabia have reached a deal to supply Egypt with a monthly 800,000 tons of petroleum products for three months starting from February 2016, an EGPC official told Reuters. “Saudi Arabia is giving u...
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...
Iran announced on Saturday that it had shut down its Shazand refinery in Arak province due to technical failures, reported Press TV. A fatal incident had occurred on September 16, raising the number of deaths at the r...
State-owned Egyptian General Petroleum Corp (EGPC) has awarded a tender to buy 18-20 cargoes of gas oil between March and June, traders said on Thursday. Over half of the cargoes were awarded to trading giant Glencore...