Tag Archives: Arab News

The export level dropped because of maintenance work carried out at loading terminals in early April.

Ministers from OPEC and non-OPEC oil-producing countries plan to meet in Vienna on June 23.

Lebanon and Israel have been contesting the rights to the 860 square kilometer triangular zone.

France has a military base in Abu Dhabi and is a major seller of arms to the UAE.

The project is expected to achieve a direct conversion rate from crude oil to chemicals of almost 50 percent.

The burgeoning Iraq-China partnership was said to be anchored by a dramatic increase in oil trade.

The study predicted that Middle East oil production would reach 37 million barrels per day (bpd) by 2040.

Libya. along with Nigeria. is formally excluded from an effort by the OPEC to balance an oversupplied market with coordinated production cuts.

The new center will manufacture products for drilling. exploration and production. as well as midstream.

The damaged parts had been replaced and flows would start returning to previous levels.