Industry

Horizon Terminals to open Fujairah oil facility by end of May

oil terminal fujairah-remi kaupp wikimedia commonsHorizon Terminals Limited (HTL), a subsidiary of Emirates National Oil Company (ENOC), is set to commission a new oil terminal in Fujairah by end of this month

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Qatar Petroleum invests in Total E&P Congo

congo-ky chua flickrQatar Petroleum International (QPI) has signed an agreement to acquire a 15 per cent stake in Total E&P Congo

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BP to invest US$2.85 billion in Iraq’s Rumaila oilfield

bp-futureatlas.com flickrBP has said it will invest US$2.85bn in the development of Iraq’s Rumaila oilfield in 2013, up from US$2.2bn in 2012, a joint management committee for the field announced

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Total takes over Shell’s retail network in Egypt

shell egypt-trondheim byarkiv flickrFrench oil and gas company Total has acquired Royal Dutch Shell’s fuel retail network in Egypt as part of its strategy to strengthen its distribution position in the country and across the wider region

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Chiyoda and CTCI sign US$1.5bn Qatar’s Laffan Refinery 2 deal

refinery qatar-Avishai Teicher wikimedia commonsA joint venture of Japan-based Chiyoda Corporation and Taiwanese CTCI Corporation has been awarded a contract for the engineering, procurement, supply, construction and commissioning (EPSCC) of the US$1.5bn Ras Laffan Refinery 2 (LR 2) project in Qatar

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