Gulf Petrochemical Industries Company (GPIC) said it has exported a total of 10 million tonnes of granular urea since its inception.
The milestone was achieved last week after 16 years of operations by the urea plant, where produc
The UAE is in no hurry to see Opec cut its oil output target this year despite the sharp drop of global crude prices in the last few months, senior UAE energy officials indicated.
Last week, Opec secretary-gene
Iraq's oil export revenues fell by 8.9 per cent in August to $7.1 billion from $7.8 billion in July, the Iraqi oil ministry said in a statement.
Oil exports were at 73.6 million barrels for August, the oil ministry said, citing the
Coffee exports from Brazil to Arab countries hit 820,000, 60-kg bags of coffee during the seven months ending in July, up seven per cent as compared to the same period last year, according to a report.
The latest Brazilian Coffee
Saudi Arabia's oil exports reached 1.84 billion barrels in the first eight months of the year with revenues amounting to SR747 billion ($199.17 billion), local media said quoting an expert.
Domestic consumption during the same perio
National Aluminium Products Company (Napco), a leading extruders of aluminum profiles in the Gulf Cooperation Council (GCC), has unveiled plans to increase its exports by accelerating its production.
The company, which has a curre
Gulf Co-operation Council (GCC) export to China is growing in Saudi Arabia, Qatar, UAE and Oman and is set to increase in Kuwait next year, according to an expert.
A deal announced in mid-August between Kuwait Petroleum Corp (KPC)
Morgan Stanley has quietly filed plans to build and run one of the first US compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil business.
Qatar International Petroleum Marketing Company (Tasweeq), has offered its first ultra-low-sulphur diesel cargo for export from a new secondary unit at its Laffan refinery, industry sources said.
The product could eventually displace th
Exports of Iranian marine fuel oil have unexpectedly been halted for two weeks and will not resume for at least a month, a source at the National Iranian Oil Company (NIOC) said.
Trade sources said Iran could be stocking up on fuel oil