Sunday 7 February 2016
 
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Dolphin Energy achieves major production milestone

Abu Dhabi-based Dolphin Energy has reached a major production milestone of six trillion standard cu ft (scf), since it began operations in 2007, according to a report.   The Dolphin Gas Project is meeting 30 per

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Russia open to Opec deal even as output hits high

Two senior Russian officials talked up potential co-operation with Opec to prop up prices, but data showed oil production in Russia hit a post-Soviet high in January, suggesting the world's top producer was locked in a fierce struggle for ma

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Iraq’s oil production hits record in December

Iraq's oil production hit a record in December, as output increased from the central and southern fields, oil ministry spokesman Asim Jihad told Reuters.   Iraq’s crude production from fields i

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Ooredoo, OMPC to provide business telecom solutions suite

Ooredoo has signed a deal with Oman Munitions Production Company (OMPC) to provide the high-profile government-owned company with a full suite of advanced business telecommunication solutions.    As part of

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Libya's oil production remains at less than 400,000 bpd

Libya's crude oil production remains under 400,000 barrels per day (bpd) after militant attacks on oil facilities last week, the Tripoli-based National Oil Corporation (NOC) said on Tuesday.   Oil output has

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Alba posts all-time sales, production records

Aluminium Bahrain (Alba) posted sales of 951,944 metric tonnes (MT) in 2015, marking an increase of 2.2 per cent year-on-year (YoY) over the sales record of 931,526 MT in the previous year, while production figures topped 960,643 MT up by 3.1 pe

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Oil down 10pc after five-day drop

Oil fell for a fifth straight day on Friday, losing 10 per cent on the week, and Goldman Sachs said more losses were needed to force producers to cut supplies adequately to balance the glut and bleak demand outlook in the market.

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Safco, Yansab see production costs rising

Saudi Arabia Fertilizers Company (Safco) said on Wednesday that changes to energy prices announced in the Saudi government's 2016 budget would increase its production costs by 8 percent next year. The company, a unit of Saudi

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Safco, Yansab see production costs rising

Saudi Arabia Fertilizers Company (Safco) said on Wednesday that changes to energy prices announced in the Saudi government's 2016 budget would increase its production costs by 8 percent next year. The company, a unit of Saudi

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GPIC on track to boost production

Gulf Petrochemical Industries Company (GPIC) achieved a total production of 1.46545 million tonnes in the year so far, an increase of 5,000 tonnes over what had been planned, a report said. In an announcement after a meeting of th

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