‘Middle East to be key oil exporter by 2020’
Middle East will become the major source of oil by 2020 as the USA’s tight oil output and non-OPEC supply will decline worldwide, said International Energy Agency (IEA)
Industry
Iraq and KRI sign new agreement on oil exports
Iraq and the semi-autonomous region of Kurdistan Region of Iraq (KRI) have reached a deal that will ease tensions over the regional oil exports and civil service payments from Baghdad, according to Iraq’s finance minister
Kuwait to increase crude oil exports to Egypt
Kuwait has plans to raise its crude oil exports to Egypt to up to 100,000 bpd from the current 65,000 bpd
Qatar to renew UAE condensate deals for 2015
Qatar International Petroleum Marketing Company (Tasweeq) plans to renew its contract to supply condensate to the UAE for 2015, according to company officials
UAE youth hold key to tackling talent shortage
The UAE’s youth have a vital role to play in ensuring sustainable oil production through the following century, according to a roundtable debate hosted by Maersk Oil in Abu Dhabi in October
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