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Siemens Energy has appointed a new CEO of the Oil & Gas Division at the beginning of February the company announced.

Iran’s oil ministry announced that it has stopped oil sales to both Britain and France in a move seen as a direct retaliation for the upcoming EU embargo on imports of Iranian oil.

Horizon Terminals Limited (HTL), a wholly owned subsidiary of Emirates National Oil Company (ENOC), has inaugurated a new facility in Tangier, Morocco, with a total investment value of US$180mn.

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