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Aker Solutions Wins Surface Wellhead Contract In Egypt
International oil services group Aker Solutions has signed a two-year frame agreement with Egyptian oil giant Badr…
Iran’s Oil Production to Decline 500.000 bbd: EIA
Iran's crude oil production is expected to fall by about 500,000 barrels per day by the end of this year due to a…
Japan P&I Club Sets Rules On Iran Oil Voyages
Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to…
Saudi Arabia to Supply Full Crude Oil Volume To Asia
Saudi Arabia is to supply full contracted volumes of crude oil next month to at least one Asian term buyer,…
EZZ Steel’s Net Profits Down 5% in 2011
Ezz Steel (ESRS)’s consolidated financial statement for the fiscal year of 2011 has revealed that the company has…
China to Orderly Advance Yuan Convertibility On Capital Account
China's foreign exchange regulator said Tuesday it will advance the yuan's convertibility on the capital account in…
Brent Oil Prices Lower On Weak US, China Data
Brent oil prices dropped on Tuesday, in line with global equity markets, after publication of…
Iran Cuts Crude Export to Spain
Tehran has cut oil supply to Spain after stopping crude export to Greece as part of its countersanctions, unnamed…
Iran’s Oil Exports To Greece Halted
Iran's oil minister says the country has halted oil sales to Greece. It's the latest European country hit with…
“Iran has Right to Have Nuclear Energy For Civilian Use”: Germany
German Foreign Minister Guido Westerwelle has underlined Iran's right to develop its nuclear energy program as a…