Iran Signs $3.2b Oil Deal with Hyundai

• Tuesday, 14th March 2017
• by Dr. Mahinaz El-Baz

The fund will be directed to the second phase of the Kangan oil production and refinery project in the southwest part of Iran.

Nigeria Destroys 80 Illegal Oil Refineries

• Monday, 13th March 2017
• by

Parallel to the military troops’ operations, the government has also been holding talks with militants to end the attacks on the country’s oil pipelines.

Aramco to pay Shell $2.2b to Dissolve JV

• Wednesday, 8th March 2017
• by Editorial Team

Saudi Aramco finalized the execution of definitive agreements with Royal Dutch Shell plc to separate and transfer the assets, liabilities and businesses of the Motiva Enterprises LLC joint venture (JV).

EGPC to Allocate 400,000 Subsidized LPG Cylinders

• Wednesday, 1st March 2017
• by Dr. Mahinaz El-Baz

Tarek El Hadidi said that EGPC decided to allocate 400,000 subsided LPG cylinder to slums all over Egypt.

Aramco Confirms $7b Deal With Petronas

• Tuesday, 28th February 2017
• by Editorial Team

Saudi Arabia’s state oil company Saudi Aramco will invest $7b and take a 50% stake in select ventures and assets in Malaysia's RAPID project.

Aramco, Petronas to Sign Refinery Agreement

• Sunday, 26th February 2017
• by Editorial Team

Malaysia's state oil firm Petroliam Nasional Bhd (Petronas) and Saudi Aramco are expected to sign an agreement to collaborate in Malaysia's Refinery and Petrochemical Integrated Development (RAPID) project.

Kuwait to Open Refinery in Vietnam in 2018

• Thursday, 23rd February 2017
• by Editorial Team

Kuwait’s refinery in Vietnam will begin operating in July 2018 with a capacity of 2,000b/d, according to Kuwait Petroleum International’s (KPI) CEO, Bakheet Al-Rashidi.

Qatar Inaugurated $1.5b Laffan Refinery 2

• Tuesday, 21st February 2017
• by Editorial Team

Qatar has officially inaugurated its $1.5b Laffan Refinery 2 (LR2) in Ras Laffan, which has a capacity to refine 146,000b/d of condensate from the North Field.

Saudi Aramco Signed Crude Deal with Chinese Refiner

• Monday, 13th February 2017
• by Editorial Team

State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply its crude in 2017.

Nigeria, Niger Enter Joint Pipeline Agreement

• Sunday, 12th February 2017
• by Sarah Samir

Officials at the Nigerian National Petroleum Company (NNPC) stated that NNPC and the Federal Government joint venture with Niger Republic will run crude oil pipeline that will provide oil to the Kaduna Refining & Pet ...