Iran has inaugurated a new phase of a gasoline production facility that will enable the country to join the list of worlds jet fuel exporters
Industry
ExxonMobil earnings rise nine per cent in 2012
ExxonMobil saw a nine per cent (US$3.82bn) in earnings to US$44.88bn for the year ended 31 December 2012
Kurdistan Region of Iraq intends to build oil pipeline to Turkey
The Kurdistan Region of Iraq has announced that the regions autonomous government wants to build an oil pipeline for exports to Turkey
Ferguson Group launches new Abu Dhabi division
The Ferguson Group, a specialist in the rental of equipment to the offshore energy industry, has announced the launch of its new Ferguson Middle East Abu Dhabi division
Apicorp and Natixis to fund US$200 million Glencore purchase of Moroccan oil
Arab Petroleum Investments Corporation (Apicorp) and Natixis have been appointed to fund a two-year US$200mn loan to Glencore Energy UK (Glencore) for the purchasing of Moroccan oil