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Bahrain Signs Gas Agreement With USA
An agreement has been signed between Bahrain and US Occidental Petroleum Corporation(NYSE: OXY) for deep gas…
3 Mln Tons of Egyptian Wheat To Be Supplied
Ali Sharaf El Din, Chairman of the Chambers of Cereal & Its Products of the Federation of Egyptian…
Safaga Port Receives 28 Thousand Tons of Crude Aluminium
Safaga Port received Saturday a cargo ship, which is coming from Venezuela, carrying 28 thousand tons of crude…
$100 Is Good Oil Price: Saudi Minister
An oil price of $100 per barrel would provide the right balance for both consumers and producers, Saudi Finance…
Iraq Inks $363 Mln Power Deal With Orascom Construction
Iraq’s electricity ministry signed a $363 million power deal with Egypt’s Orascom Construction Industries (OCIC.CA)…
Qatar to Provide $400 Million To Help Egyptian Mostorod Refinery
Qatar is providing $400 million to support Egypt’s Mostorod refinery project, which has been stalled since…
Iraq West Qurna 2 Seen at 500.000 bdp in 2014: Oil Minister
Production at Iraq’s West Qurna Phase-2 oilfield is expected to hit 500,000 barrels per day (bpd) in 2014, Iraq’s…
Libya Recovery Contributes to OMV Q1 Boost
Output from a Libya, recovering from the turmoil of civil unrest, helped OMV boost production slightly in the first…
Iran’s Annual Copper Production Amounts To 235.000 Tons: Official
Ardeshir Saad mohammadi, managing director of National Iranian Copper Industries Company (NICICO) says some 235,000…
Iran Largest Crude Steel Producer in Mideast, Africa: Report
A report says that the Islamic Republic of Iran has become the largest producer of crude steel in the Middle East…