The tanker, ‘VLCC TSURUGA’, safely lifted approximately 300,000 barrels of crude from the Musandam Terminal for crude oil export on May 4
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UAE’s Taqa posts Q1 2016 loss on low oil prices
The majority Abu Dhabi government-owned entity made a net loss attributable to equity holders of AED608mn ($165.5mn) in the three months to March 31, versus a net profit of AED256mn ($69.69mn) in the same period of 2015
The changing oil market reality
What are the characteristics of this changed oil market reality, and what impact does this have on national oil companies of the Middle East? Antoine Rostand has his say
Iran’s new oil contract to be ready by July
Deputy Oil Minister says companies from all countries welcome to tender for the new Iran Petroleum Contract (IPC) in July
Taqa says not in talks to sell oil and gas assets
Reports said Taqa was considering whether to sell its overseas oil and gas assets to another Abu Dhabi state-owned entity
Is oil & gas safety and maintenance at risk?
In the wake of the oil price decline, are the Middle East and North Africa’s oil and gas industry’s safety and maintenance aspects at risk? Andrew Herring and Andrew George have their say
Iran, Oman mull building oil terminal at Jask port
The terminal will have the capacity to export 2mn bpd and 10mn barrels reservoir for oil and gas condensates
DMCC Energy Club hosts oil outlook seminar in May
Event will look at future outlook for crude oil markets and how regional geopolitics are likely to impact prices
Old Dead Sea well could hold $322mn worth of oil
Israel Opportunity says the Hatrurim license is estimated to contain reserves of 7mn to 11mn barrels of oil
Taqa mulls selling off overseas oil and gas assets
In its 2015 annual report, the Abu Dhabi government-owned company mentioned it had an agreement with another Abu Dhabi party to sell all its assets in North America and Kurdistan and most of it in Europe