Petroleum projects in the GCC estimated at $659.1 billion
The total value of planned petroleum projects in the Gulf region is estimated at $ 659.1 billion as of July...
Oil & Gas
Iraqi oil revenues up by $1bn in July
Iraq’s oil revenues jumped by about $1 billion from June to July, according reports from AFP and Aswat al-Iraq. Oil...
Arab countries earn $625billion from oil exports
The total revenue of the 11 members of the Kuwaiti-based Organization of Arab Petroleum Exporting Countries (OAPEC) soared to $624.8...
Kuwait to get nine new oil tankers in 2014 and 2015
Kuwait Oil Tanker Co ( KOTC ) expects to receive a total of nine new tankers from South Korean companies...
Iraq oil exports up to 2.516 million bpd in July
Iraq's oil exports rose to 2.516 million barrels per day (bpd) on average in July compared with 2.403 million bpd...
Saudi oil revenue rises by 48%
Saudi Arabia’s revenue from exports of crude oil and other petroleum products jumped 48 percent in 2011 as shipment volumes...
French Total signs deal in Kurdistan region of Iraq
French energy giant Total said it had signed an oil exploration deal in the Kurdistan region in Iraq's north, a...
ABB wins $100m Oman gas plant deal
Swiss firm to build gas condensate processing plant at Saih Nihayda field Switzerland’s ABB has won a contract worth...
Iraq and Kuwait agree on oil-border investment
Kuwait and Iraq signed a deal to search for oil along their common border. The company won a «Kuwait Energy»...
Saudi Revenue From Oil and Products Rises 48%
Saudi Arabia’s revenue from exports of crude oil and other petroleum products jumped 48 percent in 2011 as shipment volumes...
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