Bol Ring Mourwel, Managing Director of state-owned Nile Petroleum Corporation, said that his company plans to increase oil production in Block 5A in Unity state to between 40,000 to 50,000 barrels per day (b/d)
Iraq’s Minister of Oil Ihasn Abdul Jabbar has inaugurated a unit for improving octane production at a capacity of 10,000 barrels per day (b/d) in Azmara and another unit for Hydrogen production at a capacity of 4, ...
Tarek El Molla, Minister of Petroleum and Mineral Resources, has agreed to raise Petrojet’s capital from EGP 3.6 billion to EGP 6 billion.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that Egypt’s petroleum strategy targets expansion of refining operations noting that by 2023, several major refining projects will be comp ...
The United Arab Emirates (UAE) has announced that the country’s crude oil reserves stood at 97.8 billion barrels of oil (bbbl) in 2019.
Ryazan Oil Refining Company (RORC), the largest refining asset of Rosneft, has produced in excess of 1 million tonnes of environmentally-friendly Euro 6 gasoline.
Tarek El Molla, Minister of Petroleum and Mineral Resouces, called for the importance of developing the refining and manufacturing system to meet the needs of the local market of petroleum products taking into con ...
Kazakhstan’s Minister of energy, Nurlan Nogayev, reported that Kazakhstan had produced 31.3 million tons of oil between the months January-April, which amounts to 102.6% of the production plan.
Saudi Aramco has completed acquiring 17% stakes of South Korea's Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately $1.2 billion.
Through the execution of five refining projects that are under implementation, the total value of refining investments in Egypt would reach $4.7 billion.
