The assassination of top Iranian military commander Qassem Soleimani by a pre-dawn American air raid near Baghdad airport on Friday has caused a remarkable spike in Brent crude prices, taking it to over US$70 on Monday 6 January, according to a report by CITYA.M., the first time Brent crude has exceeded the US$70 threshold since September
Industry
ENOC opens two new solar-powered service stations in Dubai
Emirates National Oil Company (ENOC) Group has announced that two service stations have opened at Dubai Hills and Lehbab First, expanding ENOC’s network to 135 stations across the UAE
NBK discusses means to boost strategic partnership with Kuwait Oil
A staff mission from the Group Human Resources at the National Bank of Kuwait (NBK) has made a visit to the Kuwait Oil Company (KOC) to discuss means to boost strategic partnership between both parties especially in the field of development
Halliburton announces major software grant to King Abdulaziz University
Halliburton Landmark has presented a multimillion-dollar educational software grant to King Abdulaziz University in Saudi Arabia to train and prepare the next generation of Saudi oil and gas engineers and geoscientists
APICORP supports development of Algeria’s energy sector
The Arab Petroleum Investments Corporation (APICORP) has agreed to two loan facilities worth a combined US$250mn with Sonatrach Petroleum Investment Corporation (SPIC), a subsidiary of Sonatrach International Holding Corporation owned by Sonatrach, the Algerian state-owned national oil company
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