First phase of oil exploration in Lebanon set to begin this week
The first phase of exploration for Lebanon’s potential offshore oil reserves is set to start this week, caretaker Energy Minister...
Oil & Gas
Russia’s Rosneft discovers new oil field in Iraq
Bashneft International, a subsidiary of Russian state-owned oil company Rosneft discovered a new oil field in Iraq as a result...
New Development Plan for West Qurna-2
LUKOIL and the Basra Oil Company (BOC) signed a Development Plan for the West Qurna-2 field that provides for an...
Iraq pushes to expand its oil production facilities
Iraq has lifted oil production at Eni’s Zubair field in the south by 50,000 barrels per day (bpd) to 475,000bpd,...
LPA to prep for second gas licensing round: Abi Khalil
Energy and Water Minister Cesar Abi Khalil said Tuesday that he had instructed the Lebanese Petroleum Administration to prepare for...
Iraq’s Southern Refineries to Increase Capacity by 33%
Iraq plans to increase capacity at its southern refineries to 280,000 barrels per day by the end of 2018. Oil...
Bahrain discovers largest oilfield in decades
Bahrain said on Sunday it had discovered the country’s largest oilfield in decades, located off the west coast of the...
Lebanon anticipates economic revival
Lebanon’s economy is expected to improve even before offshore gas and oil exploration at the beginning of 2019, Energy and...
Iraq’s oil ministry calls for investors for Anbar refinery
Iraq’s oil ministry on Thursday called on companies to invest in a project to build a 70,000 barrel-per-day oil refinery...
Iraq And Kurdistan To Collaborate On Oil Production
Iraqi government-owned North Oil Co. and Kurdish Kar Group are cooperating on pumping the oil from two fields that halted...
The resource of credible, industry-specific updates