Oman earns export revenue of US$16.1 billion in first five months of 2013
Oman has announced that it earned US$16.1bn from its oil and gas exports from January to May 2013, up 8.8 per cent on the same period last year
Industry
Libya to build two oil refineries
Libya has announced plans to build two new oil refineries in Tubruq and Ubari, according to government sources
Emarat to halve oil imports after ADNOC takes over petrol stations
UAE fuel retailer Emarat will cut its oil imports by nearly half to 1.9mn cubic metres in 2014 after Abu Dhabi National Oil Company (ADNOC) takes over a number of its petrol stations in the northern emirates next year
Petrofac awarded second phase of Iraq Crude Oil Expansion Project
Oilfield service provider Petrofac has received a contract extension from the South Oil Company (SOC) for the Iraq Crude Oil Expansion Project located in Al Fao Peninsula
Iraq signs US$6 billion oil refinery deal with Satarem
Iraq has signed a US$6bn contract with Satarem to build and run an oil refinery in the country
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