Monday 3 August 2015
 
»

New plans to extend Barka I contract in Oman

An extension of Barka I in Oman in 2020 is on the way, along with a new independent water project (IWP) in 2021, owing to increasing rise in water demand, according to a report.   The Sultanate’s Power and Water Procurement Co (OPWP) said negotiations are

More…

Siemens wins Iraq substation contract

Iraq’s Ministry of Electricity has signed a contract with German industrial group Siemens to carry out the rehabilitation of four 132 kV substations in Baghdad, said a report. The contract includes processing equipment and the execution of civil works for the four stations,

More…

Dubai crude July average falls to 4-month low

Dubai crude, as quoted by price-reporting agency Platts, averaged $56.168 a barrel for July, the lowest since March, traders said on Monday. In June, the prices averaged $61.788. Prices for Oman crude were also down, averaging at 56.249 in July, compared to 61.793

More…

Oil hits multi-month lows on record Opec output

Oil extended losses on Monday on worries of oversupply as the Organization of the Petroleum Exporting Countries (Opec) pumped at record levels in July, while weak China data stoked concerns about slower growth at the world's second largest oil consumer. Saudi Arabia and other

More…

Adipec Awards extends submission deadline

The deadline for submission of entries to Adipec Awards, which recognise success through innovation, has been extended to August 13 due to overwhelming response from the industry. The awards are a part of the Abu Dhabi International Petroleum Exhibition and Conference, running fr

More…

Algeria boosts oil output by 32,000bpd

Opec member Algeria has increased crude oil output by 32,000 barrels per day after starting production at two fields, an energy ministry official said on Sunday. Production increased on Saturday when the Bir Sebaa field started producing 20,000 bpd in addition to 12,000 bpd from

More…

Egypt to import 7.79m tonnes of LNG

Egypt expects to import 28.6 million tonnes of crude oil, liquefied natural gas (LNG) and other oil products worth a total of almost $16 billion in 2015-16, the planning ministry said on Saturday. The government expects to buy 7.79 million tonnes of LNG for $3.55 billion and 6.37

More…

Iran oil output to jump 1m bpd after curbs end

Iran expects to raise oil output by 500,000 barrels per day (bpd) as soon as sanctions are lifted and by a million bpd within months, Oil Minister Bijan Zanganeh said in remarks broadcast on Sunday. "We are already doing marketing, and within a day after the lifting of sanct

More…

Egypt inks $21bn projects with oil giants

Egypt has turned more than half of initial agreements signed at a March investor conference into investment projects, the planning minister said, as Cairo tries to regenerate an economy battered by years of turmoil. The government said it had signed deals worth $36 billion at an

More…

Egypt plans to import 28.6m tonnes of oil

Egypt expects to import 28.6 million tonnes of crude oil, liquefied natural gas (LNG) and other oil products worth a total of almost $16 billion in 2015-16, the planning ministry said on Saturday. The government expects to buy 7.79 million tonnes of LNG for $3.55 billion and 6.37

More…
 1 2 3 4 5 > 

calendarCalendar of Events

Ads