Tag Archives: Middle East

The U.S. oil major bid for the cargoes of the ultra light oil at more than $2 a barrel above Dubai quotes.

The plant was built at a cost of 8.75 million euros (US$9.6m). funded entirely by the IKEA Foundation’s Brighter Lives for Refugees campaign.

Iran'.s gross gas output stands at 285bn m3 yr.

Iran’s electricity exports to Iraq have steeply risen this year.

Other marine services offered at the Port of Fujairah include ship supplies. ship repair. spare repair. spare parts and inspection.

Saudi Arabia still loses sleep over the price of oil. Not for much longer.

Over the next two months. the UAE will cut another 278000 bpd. demonstrating its compliance with its quota under the agreement.

Aramco plans to sign an additional agreement with Jacobs Engineering to form a joint venture for project management.

Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.

The initial capacity of IGB will be 3 billion cubic meters of gas.