Lafarge Group Algeria: Entry Into Production of Biskra Cement Works in 2016
26/11/2015 05:38 GMT

The cement works, created in joint-venture in 2014 between Lafarge Algeria group and the private Algerian company “Souakri” in Biskra, will enter into production in 2016 said, Tuesday, an official of... More

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Bahraini Bapco Pens Deal with Garmco
26/11/2015 05:41 GMT

A new gas supply agreement has been signed between Gulf Aluminum Rolling Mill (Garmco) and Bahrain Petroleum Company (Bapco). Garmco specializes in producing high quality flat rolled aluminum... More

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Leviathan Gas to Go to Egypt
25/11/2015 11:01 GMT

Natural gas from Israel's vast Leviathan offshore gas field will be pumped to Egypt via an existing subsea pipeline for up to 15 years under a preliminary deal announced by the field's developers on... More

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India's Essar Crude Imports from Iran Rise in October
26/11/2015 05:43 GMT

India's Essar Oil imported 10.2% more crude in October as the private refiner boosted its overall purchases ahead of the start of its Vadinar refinery after a month-long maintenance, according to... More

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Minister: Iraq Crude Production to Hike
25/11/2015 10:51 GMT

Iraq is planning to produce up to 6 million barrels of oil per day by 2020, Oil Minister Adel Abdel Mahdi said. Speaking on the sidelines of the Gas Exporting Countries Forum’s (GECF) meeting in... More

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Kuwait Planning Development Schemes despite Oil Fall Income
26/11/2015 05:41 GMT

Kuwait has awarded projects worth a record US$30 billion so far this year and has more than US$251 billion development schemes planned or underway despite the sharp fall in oil income, said experts.... More

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Glencore Secures Libya Oil Deal
22/11/2015 06:03 GMT

Trading house Glencore has secured a deal to buy as much as half of the oil Libya is currently exporting, market sources said, as it looks to boost trading to help offset flagging profits from... More

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Air Route to be Launched between Iranian & Omani Cities
26/11/2015 05:29 GMT

An official with Iran's Trade Promotion Organization (TPO) said Iran-Oman Joint Commission has dedicated a separate section to cooperation with Hormozgan province and an air route will be launched... More

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Qatar Largest Trade Partners Reported
26/11/2015 05:41 GMT

Led by Japan, South Korea and India, Asia continued to be largest trading partner of Qatar during the third quarter (Q3) of 2015, with the region accounting for 97.9% of Doha's foreign trade surplus,... More

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Saudi Arabia

KSA’s SAOGE 2015 Welcomed on Opening Day
26/11/2015 05:41 GMT

The seventh edition of the Saudi Arabia International Oil and Gas Exhibition 2015 (SAOGE) attracted more than 3,000 visitors on the opening day. The expo, which has the participation of more than 180... More

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Fuel Price Deregulation to Protect Resources: UAE
26/11/2015 05:41 GMT

A decision by the UAE to link domestic fuel prices to global markets will help curb spiraling consumption and protect the country’s hydrocarbon resources, the UAE Energy Minister was quoted on... More

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Yemeni Refiner Restarts Imports of Oil Products
08/10/2015 05:38 GMT

Yemen's Aden Refinery Company (ARC) has resumed imports of oil products after a hiatus of nearly six months, industry sources said. The imports are expected to boost oil product margins in Asia at a... More

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General News

New OPEC Member Consumes More Oil than It Pumps
26/11/2015 05:43 GMT

After defending the interests of oil-exporting nations for five decades, OPEC has made a surprising choice with its newest member: a country that consumes about twice as much crude as it pumps.... More

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