Iranian officials have claimed that Iran would be able to export 30mn litres of petrol per day by the year 2015, in spite of the international sanctions imposed against the country
Saudi Aramco has announced that oil production at the Manifa field in Saudi Arabia has begun, three months ahead of schedule
Canada-based oil exploration firm Valeura Energy has announced that it has been awarded a new exploration licence, Banarli Licence 5104, on a 100 per cent working interest basis in the Thrace Basin of northwest Turkey
A consortium consisting of Petrofac Emirates and Daewoo Shipbuilding & Marine Engineering (DSME) has been awarded a US$3.7bn contract for the field development of Upper Zakum (UZ750), offshore Abu Dhabi
Genel Energy has made a significant oil discovery in the first of five exploration wells on Chia Surkh exploration block in Kurdistan Region of Iraq
