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Sabic signs deal for 38,000 cbm gas carrier Picture for illustrative purpose only.

Sabic signs deal for 38,000 cbm gas carrier

Vessel will be delivered by Ocean Yield ASA to Sabic's Houston base in December

 •   ExxonMobil still evaluating US JV with Sabic
 •   Sabic to sell stake in Ibn Al-Baytar to Safco
 •   SABIC sells polymershapes unit to US firm


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Total, Heriot-Watt sign global research alliance

Total, Heriot-Watt sign global research alliance

Worth a minimum of US$3.20 million, the agreement follows over two decades of research partnership and recognises the world-class research being undertaken at the university, which has a campus in Dubai.
 
Bahrain in talks with Gazprom, Rosneft on LNG deal

Bahrain in talks with Gazprom, Rosneft on LNG deal

Earlier, Bahrain's National Oil and Gas Authority (NOGA) and Gazprom had signed a memorandum of understanding on expansion of cooperation in the LNG sector
 
Iran rejects India's threats to cut oil imports

Iran rejects India's threats to cut oil imports

Oil minister Bijan Zangeneh has stated that Iran was open to negotiations with India on the contract for the Farzad-B gas field, but stressed that Tehran would not accept the language of threat
 
UAE not mulling Aramco-like ADNOC IPO: Mazrouei

UAE not mulling Aramco-like ADNOC IPO: Mazrouei

"Our situation in the UAE is different. I don't think we have discussed or seen a need to IPO ADNOC," UAE Energy Minister Suhail Mohamed Al Mazrouei says during event in Dubai
 

 

Committee formed for 2017 Al-Attiyah energy awards

Committee formed for 2017 Al-Attiyah energy awards

The Al-Attiyah International Energy Awards celebrate the legacy of HE Al-Attiyah, Qatar's former minister of energy and industry and deputy prime minister, by recognising the career achievements of individuals in service of the global energy industry.
 
Iraq plans 3 gas processing plants to cut flaring

Iraq plans 3 gas processing plants to cut flaring

The country intends to use the otherwise-wasted gas for power generation and to increase the nation's income from energy exports, Oil Minister Jabar al-Luaibi has told Reuters
 
Amec wins deal for oil-fired power plant in Jordan

Amec wins deal for oil-fired power plant in Jordan

This is a significant project for Amec Foster Wheeler with GPEC, which won the EPC contract in 2014 for the $2.1bn-worth 554-megawatt shale oil-based power plant
 
GCC Petroleum Media Forum to award Saudi oilman

GCC Petroleum Media Forum to award Saudi oilman

Dr Ibrahim Al-Muhanna will receive the Honorary Lifetime Achievement Award for the Advancement of International Petroleum Media at the 3rd GCC Petroleum Media Forum in Abu Dhabi on 19th April 2017.
 
Petroleum Institute hosts annual open day

Petroleum Institute hosts annual open day

Outstanding high school students and their families from across the UAE attended the annual open day event this year.
 
Oil market to see partial recovery in 2017-18: AEO

Oil market to see partial recovery in 2017-18: AEO

The Arab Economic Outlook bases its prediction on the fact that as per the output cut deal, OPEC has adjust oil production by 1.2mn barrels per day, and the non-OPEC oil producing countries have reduced their output by 0.6mn bpd in the first half of 2017
 
PDO hosts governors, focusses on social investment

PDO hosts governors, focusses on social investment

A senior PDO management team, headed by managing director Raoul Restucci, provided the dignitaries with an overview of the company's performance on a range of matters.
 
Oman Oil Co reportedly seeking divestment advice

Oman Oil Co reportedly seeking divestment advice

State-owned Oman Oil Company has reportedly asked international investment banks to pitch for roles to advise on plans to restructure its portfolio
 
China's CNPC to set up Middle East centre in Dubai

China's CNPC to set up Middle East centre in Dubai

China National Petroleum Corporation's Middle East base in the Jebel Ali Free Zone (JAFZA) of Dubai to oversee its regional investments, oil services and trading in the Middle East
 
Aramco delivers 4 oil shipments to Egypt in March

Aramco delivers 4 oil shipments to Egypt in March

Saudi Arabia agreed in April last year to provide Egypt with 700,000 tonnes of refined oil products a month for five years, but the cargoes stopped arriving in early October
 
Iran security body reviewing IPC draft: Minister

Iran security body reviewing IPC draft: Minister

The Supreme National Security Council is still studying the new Iran Petroleum Cpntracts model, Oil Minister Bijan Zangeneh has said, something that could cause further delays in the offer hitting the market
 




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