Siemens appoints a new Oil & Gas CEO

Adil-Toubia_CEO-of-Oil--GaSiemens Energy has appointed a new CEO of the Oil & Gas Division at the beginning of February the company announced.

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Chinese oil companies to set up industrial parks in Dubai

CNPC_DubaiChina National Petroleum Corp (CNPC) is looking at establishing a logistics hub in Dubai's Free Zone to supply the company's needs in the Middle East and North Africa, reported the China Daily.

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Iran stops oil sales to Britain and France

oil_barrelIran’s oil ministry announced that it has stopped oil sales to both Britain and France in a move seen as a direct retaliation for the upcoming EU embargo on imports of Iranian oil.

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ENOC inaugurates US$180mn oil storage facility in Morocco

ENOC---TANGIER-TERMINALHorizon Terminals Limited (HTL), a wholly owned subsidiary of Emirates National Oil Company (ENOC), has inaugurated a new facility in Tangier, Morocco, with a total investment value of US$180mn.

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Flowserve Abahsain inaugurates valve manufacturing facility

Flowserve_Abahsain_1Flowserve Abahsain Flow Control Company Ltd., a joint venture between Flowserve Corp. and S&A Abahsain Co. Ltd. recently inaugurated a new valve manufacturing plant and training center in the Dammam Second Industrial City.

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