Aramco Cuts Arab Light Septrmber Prices for Asian Markets
Saudi Aramco announced that the price of the Arab Light crude to Asian customers has been decreased by $0.75 per barrel for September delivery.
US | Egypt Oil & Gas - Part 8
Saudi Oil Exports to China Hit Record Level
Saudi Arabia’s crude oil exports to China soared to 1.74 million barrels per day (b/d) in July, while shipments to the US tumbled to 161,000 b/d compared with 1.03 million b/d a year earlier.
SABIC Not Seeking to Acquire Clariant
Saudi Basic Industries Corporation (SABIC) has denied interest in acquiring Clariant chemicals company.
EMGF Second Meeting Concludes in Cairo
The Second Ministerial Meeting of the East Mediterranean Gas Forum (EMGF) was held in Cairo on July 24-25, as per the invitation of H.E Eng. Tarek El Molla, the Minister of Petroleum and Mineral Resources.
Iraq Invests in Associated Gas at Southern Fields
The Iraqi Ministry of Oil announced that it will invest in the associated gas, after signing a memorandum of understanding (MoU) with Honeywell for gas processing from the Artawi southern oilfield.
Two Oil Tankers Evacuated in Gulf of Oman
An unspecified incident took place in the Gulf of Oman and has reportedly affected two oil tankers.
El Molla Meets with Middle East Institute Members
The meeting was attended by head of US oil companies and organized by US Chamber of Commerce, the Egypt-US Business Council and the American Chamber of Commerce in Egypt.
El Molla, Perry Discuss US Investments in Egypt
El Molla and his American counterpart talked about ways of boosting cooperation in the oil and gas sector between Egypt and the US, and possibilities of increasing American petroleum companies' investments to prov ...
US Extends Iraq’s Waivers to Continue Importing from Iran
The waiver will allow Iraq to continue importing electricity from Iran as the main Iraqi power plants depend on Iranian natural gas. Besides, Baghdad’s power generation is not enough to ensure domestic supply.
US Firms Show Interest in EGAS Offshore Bidding
Exploration and production (E&P) bidding for offshore concession in the Mediterranean Sea, under the Egyptian Natural Gas Holding Company (EGAS) is due to close on November 29th.
