Kuwait Energy begins production at Faihaa-2

The Faihaa 2 well was spud on 3 January 2016, with production testing commencing on 23 September 2016 at 52/64 inch choke size at...

Libyan oil production to hit 900,000 bpd by December

Libyan oil production has collapsed in recent years, going from 1.45 million bpd in late 2013 to close to zero by mid 2015....

Kuwait to create $6 billion downstream KPC subsidiary

The Kuwait Integrated Petrochemical Industries Company will be responsible for running the Al-Zour refinery, Kuwait’s epic 615,000...

QP delegation heads to Japan for talks

Meetings during the visit will include discussions with chairmen, presidents, and senior executives of Chubu Electric, Jera,...

UAE leads the GCC in energy efficiency

The UAE leads the MENA region as it looks to improve energy efficiency while diversifying their economies and energy mixes through...

Aramco signs MoUs with leading Turkish firms

Saudi Aramco has signed a series of MoUs with 18 Turkish industrial enterprises, spanning the full length of the hydrocarbon value...

KSA is third biggest producer of ethylene in the world

The Kingdom earned $17 billion from the sale of ethylene in 2016, helping it to ease its reliance on unrefined crude exports...

Iraq calls for increase in oil production levels

Iraq is already OPEC’s second largest producer, pumping in excess of 4.5 million barrels of crude oil per day. The country has...

SDX finds oil and gas in Egypt

The initial interpretation of the data set has identified numerous leads and prospects in the Abu Madi section as well as the...

ADNOC to consolidate ADMA-OPCO and ZADCO

The consolidation is expected to yield significant financial and operational benefits. The new company resulting from this...