Total has announced that it will buy the Egyptian retail network of US energy company Chevron, in a move that would create its biggest marketing and services subsidiary outside of Europe
Industry
Crude pipeline from Kurdistan Region of Iraq to Turkey ‘almost ready’
DNO International has announced that a new pipeline that will carry crude oil from the Kurdistan Region of Iraq to Turkey is nearing completion
Unique Hydra delivers air dive system order to contractor in Saudi Arabia
South African-based subsea and offshore solution provider Unique Hydra has announced the delivery of the largest single order for air dive systems to its client Subtech Offshore Services
India to guarantee US$327mn to refineries using Iranian oil
India has announced plans to provide a state guarantee worth US$327mn to refineries that use Iranian oil in order to boost imports
Kurdistan Region of Iraq ‘selling crude to Asia via Iran’
Official sources have revealed that Kurdistan Region of Iraq has been exporting crude oil to an Iranian port via road for shipping to Asia for the past two months