Crude oil prices might hit rock bottom in the first half of 2015 until a possible slowdown in US shale production counters the supply glut by OPEC’s decision to not cut output, Reuters monthly survey revealed
Boosted by growing sales of screw pumps in the Middle East, Leistritz Pumpen GmbH, the German manufacturer of screw pumps, has opened an office in the UAE, located in the Sharjah Airport International Free Zone (SAIF-Zone)
Kuwait Petroleum Company (KPC) and Pakistan State Oil Company (PSO) have finalised a gas oil supply deal for 2015
Iraq has signed a deal with the Kurdistan Region of Iraq to help the region increase its oil exports
Independent oil and gas company PetroMaroc is looking for strategic and financial alternatives with the objective of maximising shareholder value in the Kechoula structure on Sidi Moktar Exploration Licence in Morocco
