MENA region

Iran Lost 100,000L of Fuel in Refinery Fire

A fire broke out at Iran's Piroozi Oil and Gas Refinery in Shahroud, 400km west of Tehran, due to an explosion in one of the facility's fuel storage tanks.

OPEC, Russia to Discuss Oil Output

The Energy ministers from Saudi Arabia, Iran, and Iraq will be among representatives of key member's of the Organization of the Petroleum Exporting Countries (OPEC) producers meeting with Russia for informal discussi ...

Oman to Launch $6.5b Plastics Complex

Oman's Oil Refineries and Petroleum Industries Company (Orpic) revealed that its $6.5b Liwa Plastics Industries Complex (LPIC) project has reached the detailed engineering phase, and the ground-breaking ceremony has ...

Iran Sold 1m Barrels of Gas to BP

Iran sold a cargo of 1m barrels of natural gas condensate BP in the first delivery since sanctions were lifted in January.

Iran Signed First IPC Deal Worth $2.5b

Iran signed a $2.5b contract with Persia Oil & Gas Industry Development Company to develop the second phase of Yaran field and improve oil recovery for Koupal field.

MENA Oil, Gas Investments to Reach $900b

A new report by the Arab Petroleum Investments Corporation (APICORP) stated that the total committed and planned energy investments in the MENA region may reach $900b over the upcoming five years

GMS Receives Early Termination Notice

UAE's Gulf Marine Services (GMS), received a notice of early termination for a Mid-Size Class SESV supporting well services for a national oil company in the MENA region

MENA Oil Exporters Lost Over $340b from Oil Slump

Oil-exporting countries in the Middle East and North Africa (MENA) lost more than $340b in oil revenue from their budgets in 2015, according to the International Monetary Fund (IMF) Chief. Reengineering tax systems c ...

Global Solar Summit to be Launched in Middle East for First Time

The MENA region’s first Global Solar Leaders Summit will kick start GulfSol 2015 on Monday September 14 in Dubai, UAE

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