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Kurdistan May Stop Crude Exports to Iraq
The Kurdistan Regional Government has said crude exports from the semi-autonomous region have dropped to 50,000…
Jordan, Palestinians Are Gas Export Priority: Israel’s Energy Minister
Uzi Landau said that the use of Israeli natural gas by our neighbors will create confidence and foster peace in the…
Saudi Arabia to Provide Yemen Two-Month Fuel Supply
Saudi Arabia is to give Yemen refined oil products to cover its needs for two months. The kingdom has repeatedly…
Kuwait’s Crude Oil Exports to China Jump 49.8%
Kuwait's crude oil exports to China jumped 49.8 percent in February from a year earlier to 962,000 tons, equivalent…
Yen Weakens, USD Rebounds
Yen weakened against the dollar and most of its major counterparts ending its recent rise as Japanese importers…
Euro Hikes against Dollar amid German Ifo Business Confidence Rise
The euro rose against the dollar while German Bund futures pared gains on Monday as a survey showed German business…
Officials Confirm ExxonMobil Operations in Kurdistan
Government officials in the Kurdistan Region say that American oil giant Exxon Mobil continues to work in the…
USD Exchange Rate Drops against Kuwaiti Dinar
Exchange rate of the US dollar against the Kuwaiti dinar dropped to KD 0.277 ($ 1), whereas the euro stabalised at…
25 Bln Barrels of Heavy Oil in Kuwait & Saudi Wafra Oilfield
International oil expert, Dr. A. Hamid Majid, affirmed that huge reserves of heavy oil exist in the Wafra oilfield…
Belgium Sends 31 Thousand Tons Fuel Aid To Egypt
On Saturday, a Belgium tanker (Marel) loaded with 31.200 thousand tons of diesel has reached Alexandria harbor so…