Iraq Approves $4.6 Billion Basrah-Haditha Oil Pipeline Project
Iraq has approved the construction of the Basrah-Haditha oil pipeline, a $4.6 billion (5.97 trillion dinars) project, according to local...
Oil & Gas
Oman to Engage Energy Majors for Funding Its Next LNG Project
Oman’s plans for its next liquefied natural gas (LNG) facility depend on securing private investments from leading global energy companies,...
Oman Unveils $5 Billion Future Fund for Major Projects
Oman has launched a $5 billion investment fund, primarily focused on large-scale projects, but also designed to support SMEs and...
Saudi petrochemical producers face a perfect storm of low demand, falling prices and higher feedstock cost
Saudi Arabia's petrochemical producers are staring at a few more quarters of squeezed margins as higher feedstock prices, lower product...
Ministry of Petroleum announces $9B investment towards oil refining and petrochemical projects
Egypt has revealed plans to invest around $9 billion in new projects in oil refining and petrochemicals, the Ministry of...
Total-led consortium to start drilling offshore Lebanon in September
DUBAI, May 9 (Reuters) - A consortium led by TotalEnergies (TTEF.PA) will start drilling for oil and gas off the...
Oman’s refinery products output jumps by 44%
Muscat: Total refinery products in the Sultanate of Oman grew by 44 per cent at the end of February 2023,...
Iraq agrees to 30% stake in TotalEnergies $27bln energy project
BAGHDAD - Iraq said it has agreed to a smaller 30% stake in TotalEnergies long-delayed $27 billion project, reviving a...
Egypt signs 8 gas exploration contracts worth $934mn over 15 months
The Ministry of Petroleum and Mineral Resources announced that five gas exploration contracts were signed in FY2019/2020, and three others...
JGC lands $3.7bn Iraq refinery upgradation project deal
JGC Corporation, a global engineering company headquartered in Japan, said it has secured a contract for the upgradation of a...
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