Egypt non-oil exports increase 11% in first 8 months of 2017
Egyptian Minister of Commerce and Industry Tarek Kabil said that the country’s non-petroleum industrial exports have made “remarkable progress” between...
Oil & Gas
Lebanon extends first Oil & Gas exploration licensing round deadline
The deadline to place bids in Lebanon’s first Oil & Gas exploration licensing round was extended from September 15 until...
Baghdad and Tehran agree on joint delivery of Kirkuk oil
Iran and Iraq have strengthened their energy-sector ties, including the possible construction of a pipeline to export Kirkuk’s crude oil...
Lebanon eager to award first offshore contracts, become gas exporter
Lebanon, a country that unlike many of its neighbors has faced high energy prices for a generation, wants to become...
Total to invest $3.5 billion over five years in Qatari field
France's Total will invest $3.5 billion over five years in Qatar's offshore Al Shaheen oilfield and expects to keep production...
French energy company inking $4.8 billion deal with Iran
Iran will sign a multi-billion dollar natural gas contract with France’s Total and China’s CNPC on Monday, amid extended sanctions...
Middle East accounts for 48% of global oil reserves
BP estimated that the Middle East region's proven crude oil reserves reached 813.5 billion barrels at end-2016, equivalent to 47.7%...
Gazprom Neft considers new Iraqi Kurdistan oil projects
Gazprom Neft , the oil arm of Russian gas giant Gazprom, said it was considering an offer expand its activities...
Iraq on a tear to triple its refining capacity, keep up with its growing production
Currently, Iraq is capable of processing about 500 MBOPD, far below the ~4.5 MMBOPD the country produced in 2016. Iraq...
Iraq’s plan for oil $18 billion pipeline to Jordan in final stages
Iraq has almost completed the formalities for building a pipeline to transport crude oil to Jordan and the contract will...
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