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Abu Dhabi Oil Refining Company (Takreer) has awarded a US$2.48bn contract to Samsung Engineering Company to build a carbon black unit and a delayed coker unit in Ruwais, west of Abu Dhabi, by January 2016

Libyas National Oil Company (NOC) issued a decree on 4 October 2012 that gave its branch in eastern Libya the autonomy to independently run operations in the east of the country

Samsung Engineering has been awarded the Yanbu refinery expansion project from Saudi Aramco Lubricating Oil Refining Company (Luberef) in Dhahran, Saudi Arabia

ExxonMobil is in talks to sell its stake in a multibillion dollar oil project in southern Iraq

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