Iraq has notified its exploration partners that it plans to split its southern Basra oil production into two grades due to quality differences and offer a heavier type of crude from May this year onwards, according to official sources
Industry
Saudi Arabia crude oil exports highest in January this year
Saudi Arabia’s crude oil exports rose to their highest level in January 2015 since April last year, official data has revealed
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
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