Azerbaijan Methanol Company (AzMeCo) has revealed plans to invest in the construction and development of petrochemical and oil refinery plants in Libya

Iraq’s crude exports for the month of March 2013 dropped to 2.417mn bpd from 2.538mn bpd in February 2013, according to the latest figures from the countrys Federal Oil Ministry 

Petrofac has been awarded a US$500mn engineering, procurement, installation and commissioning contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for the Satah Al Razboot (SARB) Package 3 Project offshore Abu Dhabi

Libya has announced plans to supply one million barrels of oil a month to Egypt on credit in a move that would provide the latter with relief from fuel shortages

Saudi Aramco has announced that it is aiming to become the worlds top producer of refined fuel and petrochemical products