BC Petrochemical Sdn Bhd, one of Malaysias leading suppliers for the oil and gas industry, has declared its intention to expand its business operations into the Middle East, following a period of expansion in the Asia-Pacific region

Oman has announced that it earned US$16.1bn from its oil and gas exports from January to May 2013, up 8.8 per cent on the same period last year

Libya has announced plans to build two new oil refineries in Tubruq and Ubari, according to government sources

UAE fuel retailer Emarat will cut its oil imports by nearly half to 1.9mn cubic metres in 2014 after Abu Dhabi National Oil Company (ADNOC) takes over a number of its petrol stations in the northern emirates next year

Oilfield service provider Petrofac has received a contract extension from the South Oil Company (SOC) for the Iraq Crude Oil Expansion Project located in Al Fao Peninsula