Iraq approves $5 billion oil refinery project in Kirkuk
Iraq’s oil ministry has authorized the construction of a refinery in Kirkuk in the Kurdistan region of Iraq that would...
Oil & Gas
KRG PM Barzani meets with representatives of Russian oil giant Rosneft
A top Kurdish delegation headed by the Prime Minister Nechirvan Barzani have met with management board of the Russian oil...
Dana Gas makes first international condensate sale in Egypt
Dana Gas, the Middle East’s largest regional natural gas company, has achieved an important milestone with the first international sale...
Egypt inks first oil deal with Iraq
Egypt has agreed to import one million barrels of Iraqi oil a month, Minister of Petroleum Tareq el-Molla announced. ...
Nine companies prequalify for Lebanon oil & gas exploration
The deadline for the second prequalification round for oil and gas exploration has expired. Nine new companies have now applied...
Jordan-Iraq oil pipeline to cost $5-7 billion
A study by the Iraqi Government into a planned oil pipeline that would extend from Iraq to Jordan has revealed...
Hyundai Engineering in $3.2 Billion Iran Deal
South Korea's Hyundai Engineering Co. (HEC) signed an agreement on Sunday for financing and constructing the second phase of Kangan...
Oil to average $50 to $70 through 2022: Bank of America Merrill Lynch report
Brent crude oil prices will average $50 to $70 per barrel (/bbl) through 2022, according to an annual medium-term supply/demand...
Iraq and Iran sign MoU on Kirkuk oil export pipeline study
Iraq and Iran signed a memorandum of understanding to study the construction of a pipeline to export crude oil from...
Lebanon relaunches first oil and gas licensing round
Lebanon relaunched its first oil and gas exploration and production licensing round after a three-year delay, its energy minister said,...
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