production capacity

  • ADNOC L&S Secures Two New VLCCs

    ADNOC L&S Secures Two New VLCCs

    Thursday, 15th April 2021

    Abu Dhabi National Oil Company Logistics & Services (ADNOC L&S) acquired two more Very Large Crude Carriers (VLCC), bringing the total number of VLCCs added to its fleet in 2021 to eight. 

  • Iraq to Raise Baiji Refineries to 280,000 bbl/d

    Iraq to Raise Baiji Refineries to 280,000 bbl/d

    Monday, 7th September 2020

    Iraqi Oil Minister, Ihsan Abduljabbar, has announced that the ministry is planning to raise the production capacity of Baiji refineries to 280,000 barrels of oil per day (bbl/d).

  • ADNOC Increases Efforts to Sell Fuel to China 

    ADNOC Increases Efforts to Sell Fuel to China 

    Monday, 27th April 2020

    Abu Dhabi National Oil Company’s (ADNOC) main refinery is pushing for fuel sales in China after the Chinese economy is starting to show signs of recovery from the coronavirus.

  • Attacks on Aramco Not to Affect IPO Plans

    Attacks on Aramco Not to Affect IPO Plans

    Thursday, 10th October 2019

    The attacks on Saudi Aramco’s installations will have no effect on its listing plans in the stock market, according to Amin Nasser, Aramco’s CEO.

  • Al-Manar Group Plans to Boost Exports to 10%

    Al-Manar Group Plans to Boost Exports to 10%

    Thursday, 4th April 2019

    Al-Manar Group plans to boost its exports to 10% in 2019, as the company increases its lubricant production capacity and supplies them to a number of new Arab and African markets.

  • Iraq to Raise Production Capacity: Minister

    Iraq to Raise Production Capacity: Minister

    Thursday, 1st November 2018

    The Iraqi oil ministry aims to increase the country’s oil production capacity and further support foreign oil companies to overcome bureaucratic hurdles.

  • Iraq to Raise Crude Oil Production to 6.5 mb/d

    Iraq to Raise Crude Oil Production to 6.5 mb/d

    Monday, 2nd April 2018

    In accordance with the OPEC, non-OPEC agreement, spearheaded by Russia and agreed in early 2017 to cut supply and boost prices, Iraq is currently producing 4.4 million barrels per day (mb/d).

  • Kuwait to Invest $79b in Oil Projects

    Kuwait to Invest $79b in Oil Projects

    Monday, 10th July 2017
    Kuwait Oil Company (KOC) is willing to pump about $79b of investments over the next five years.
  • Assiut Oil Refinery Seeking EGP 750m for Restructuring

    Assiut Oil Refinery Seeking EGP 750m for Restructuring

    Sunday, 8th May 2016
    Assiut Oil Refinery has addressed banks to obtain a loan worth EGP 750m to finance its restructuring plan and increase production capacity.
  • UAE Still Expanding, but Optimizing Offshore Investments

    UAE Still Expanding, but Optimizing Offshore Investments

    Wednesday, 11th November 2015
    The inaugural Adipec Offshore and Marine Conference, produced and managed by dmg events, kicked off on November 9 in a purpose-built dedicated waterside theatre, the first-of-its-kind in the region.