Industry

Saudi crude output and exports experience record rise from January to February

barrels saudi-A is for Angie flickrOil production in Saudi Arabia rose to 9.15mn bpd in February this year from 9mn bpd a month earlier, with exports also recording an increase by 5.1 per cent during the same period, according to figures posted by the Joint Organization Data Initiative (JODI)

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Jordan’s first oil shale-fired power plant receives six international bids

powerplant jordan-jacob rommerskirchen sxc.huAttarat Power Company (APCO) has received six bids from international engineering and construction companies to construct Jordan’s first oil shale-fired power plant

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Qatar Laffan Refinery 2 joint venture signed for US$1.5 billion

refinery qatar-benahou flickrQatar Petroleum (QP) has signed a US$1.5bn joint venture agreement for the launch of the Laffan Refinery 2 (LR2) project in Ras Laffan to further optimise its condensate processing and enhance Qatar’s refining and export capacities

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UAE oil exports hit record high in 2012

oilUAE-danisimmonds sxc optStrong oil prices, along with higher output, boosted the UAE’s export revenues to its highest income generation to date of US$125bn in 2012

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Kurdistan Region of Iraq and Turkey sign oil transportation deal

pipeline kri-ripperda flickrThe Kurdistan Region of Iraq has signed an agreement with Turkey to export its crude oil directly to international markets via Turkey once the construction of a connecting pipeline has been completed

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