Saudi Arabia’s crude oil exports rose to their highest level in January 2015 since April last year, official data has revealed
Industry
Saudi Arabian refinery’s first unit to begin production in 2017
Saudi Aramco expects the first units of its new 400,000 bpd refinery complex, in the port city of Jizan, to be ready for start-up in 2017
Algeria to double petrol and diesel output in three years
Algeria has announced plans to double its petrol and diesel output when three new oil refineries start production in 2018, according to state energy firm Sonatrach
ADNOC and Occidental Petroleum signs oilfield evaluation contract
The Abu Dhabi National Oil Company (ADNOC) has signed a technical agreement with US-based Occidental Petroleum to develop the al-Hail and Ghasha oilfields located offshore Abu Dhabi, UAE
OPEC oil production drops three per cent in one month
Oil production from the Organization of Petroleum Exporting Countries (OPEC) decreased to 29.94mn bpd in January 2015 from 30.03mn bpd in December last year, according to recently released Platts survey
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