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 ...
Tag: oil
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 ...
Fitch revises Saudi Aramco’s outlook to positive from stable
Fitch Ratings has revised the outlook on the world's largest oil producer, Saudi Aramco, to positive from stable, following a ...
Iraq, Jordan agree deal over trade of oil and goods
Iraq resumed oil deliveries to neighboring Jordan Saturday as the premiers of both countries met along their shared border as ...
Russian oil giant to revamp Tripoli facility
The giant Russian oil company Rosneft is set to soon start storing oil reserves in a specially built storage facility ...
New international companies to pump investments in Red Sea in 2019
Petroleum Minister Tareq el Molla said new international companies are planning to pump investments in oil exploration in the Red ...
Halliburton wins contract to work on Iraq’s Zubair Oil Field in Basra
American oil field service firm Halliburton has been awarded two contracts to work on Iraq’s Zubair Oil Field. The energy ...
Halliburton wins new drilling contract in Iraq
US-based oil services company Halliburton has today announced it has signed two contracts with Eni Iraq BV to provide integrated ...
Iraq’s GDP to grow 4.1% in 2019 thanks to oil prices, Moody’s says
Iraq’s economy is forecast to grow further in 2019 to a three-year high due to stronger oil prices that are ...
Qatar, Kuwait to drive GCC growth in 2018 and 2019: IMF
Qatar’s FIFA 2022-linked infrastructure investments and Kuwait’s implementation of five-year development plans will be the GCC growth triggers in 2018 ...
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