Iraqs energy sector could play a major part in the country’s future prosperity and the stability and security of global energy markets, the International Energy Agency (IEA) has said in a World Energy Outlook report
Industry
MENA oil producers to invest US$740 billion into energy projects over next five years
Oil producers from across the MENA region will contribute US$740bn towards energy projects over the next five years, according to a report from Arab Petroleum Investments Corporation (Apicorp)
Iraq/Kurdistan Region ‘may reach oil law agreement soon’
Iraq’s federal government in Baghdad and the semi-autonomous Kurdistan Region of Iraq could soon reach an agreement on who should control oil resources, Iraqs oil minister has said
Alstom wins US$19 million Sohar refinery contract
The Omani Tender Board has awarded a US$19mn contract to Frances Alstom for reducing the emissions of Sohar refinery’s breaking units
QPI to invest US$3.61 billion in Egyptian refinery
Qatar Petroleum International (QPI) has announced that it will invest US$3.61bn to build an oil refinery in Egypt in partnership with Orient Company and the Egyptian General Petroleum Corporation (EGPC)