President of the state oil company of the Azerbaijani Republic Mr Rovnag Abdullayev said that construction of the Star refinery in Turkey will start this year to launch it in 2016. The facility will cost about USD 6 billion,30%of which ...
IDG News Service - The U.S. is facing a dramatically increasing threat from cyber attacks and a future attack on the country's critical infrastructure could have an effect similar to the Sept. 11 terrorist attacks of 2001, the U.S. ...
Tags: cyber attacks, critical infrastructure, Internet, cyber security, US
Reuters cited oil ministry and industry sources as saying that oil major BP is close to reaching a deal with Iraq to cut the final production target for the supergiant Rumaila oilfield to between 1.8 million and 2.2 million barrels per day. ...
Tags: BP, deal, Iraq, output target
By Christine van den Toorn. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. One of the most peaceful towns in Iraq, near ...
Tags: Iraq, Iraq economy, Iraqculture, Iraq history
In January to November of this year the State Oil Company of Azerbaijan produced 7,562,000 tonnes of oil. Sources in SOCAR said that 706,638 tonnes of oil were produced in January, 660,942 tonnes in February, 660,900 tonnes in March, ...
Tags: oil, Oil Company, Oil production
BP is said to be close to reaching a deal with Iraq to cut the final production target for the Rumaila oilfield to between 1.8 million and 2.2 million barrels per day (bpd). According to Reuters, officials from BP, the state-run South Oil ...
Tags: Oil, BP, oilfield, Rumaila production
Petrobras recently recognized Tenaris in the framework of the “Best Suppliers of Goods and Services” awards in two categories. First, Tenaris was recognized in the “Long-Term Global Contracts” category in the Campos ...
Tags: Petrobras, casing, tubing, oil production, oil
The 3rd Basra International Oil&Gas,organized by Expotim International Fair Organizations INC and Pyramids International Group,ended on the 9th of December,after hosting a record number of exhibitors and visitors. The largest oil&gas show ...
US intelligence officials say there is growing evidence Iran was behind recent cyber attacks that disabled computers across the Saudi oil industry. These attacks contributed to a warning last week from Defense Secretary Leon Panetta that ...
Tags: Iran, cyber attacks, oil industry, disabled computers
Reuters reported that Rosneft,seeking to wrap up Russia's largest-ever takeover deal,raised USD 16.8 billion in bank loans and signed long-term supply deals with two leading oil traders that could be worth as much as USD 50 billion. ...
Sichuan Province based Chinese steel producer Chengdu Steel & Vanadium Company Ltd, a subsidiary of Sichuan based steelmaker Panzhihua Iron and Steel Group, has signed a contract to supply 80,000 million tonne of oil casing pipes to Kuwait ...
Tags: Chengdu Steel, Steel, steel producer, Steel Group
Adnoc Distribution,the retail arm of Abu Dhabi National Oil Company,announced that it is currently searching for 10 locations to open petrol stations in Dubai.The move will be carried out under the supervision and follow up of the Supreme ...
Tags: Adnoc, Dubai, Abu Dhabi National Oil Company, Al Tayer
Resource nationalism is assuming more subtle forms as governments resort to measures outside of blatant asset expropriations to retain the benefits proffered by their geological bounties. In an interview with the Financial Times (paywall) ...
Tags: Resource Nationalism, geological bounties, oil, mining
International oil company Saudi Aramco claims to be over a cyber attack on 15 August and maintains that oil production was not disrupted. The company said around 30,000 workstation computers that were hit by a virus attack are back ...
Tags: International oil company, Saudi Aramco, cyber attack, oil production
Reuters reported that Saudi Arabia's national oil company Aramco said that a cyber attack against it in August which damaged some 30,000 computers was aimed at stopping oil and gas production at the biggest OPEC exporter. The attack on ...
Tags: oil company, oil, cyber attack, Aramco employees