Iran To Open Biggest Gas Refinery Next Year
Managing director of the National Iranian Offshore Oil Company (NIOOC) says the biggest gas refinery in the Gulf…
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Qatar Petroleum In ‘Serious Talks’ To Invest In Mostorod Refinery
Qatar is in “serious talks” about investing in Egypt’s Mostorod oil refinery project, the head of Qatar…
Russia Shares 2nd Day Fall, Lukoil Retreats
Russian shares headed for the biggest drop in a week after oil prices slid to the lowest level this year.…
Iran To Increase Forouzan Oilfield Output By 10%
National Iranian Offshore Oil Company (NIOOC) plans to increase production at the Forouzan Oilfield by 10 percent…
New Natural Gas Field Discovered In Iran
Iran has found a new natural gas field in the country's southwestern province of Khuzestan which is estimated to…
Egypt To Resume Gas Supplies To Jordan Early May
Egypt will resume supplying gas to Jordan from early May after the flow was disrupted by repeated attacks on its…
Bahrain Signs Gas Agreement With USA
An agreement has been signed between Bahrain and US Occidental Petroleum Corporation(NYSE: OXY) for deep gas…
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)…
Libya Oil Production Nears Pre-War Levels: Ben Yezza
Libya's oil minister says production is nearly back to its pre-war levels. It's now at 1.5 million barrels a day.…
Egyptian Gas Cutoff Is Business Not Politics: Netanyahu
“We don’t see this cutoff of the gas as something that is born out of political developments. It’s actually a…