Iraq's semi-autonomous Kurdistan Regional Government will ramp up oil exports in the coming months, moving it closer to economic self-sufficiency while it works to clinch a final deal with Baghdad on crude sa
Developing countries in Asia—particularly China and India—are rapidly becoming the biggest trading partners with Gulf Co-operation Council (GCC) countries ahead of other regions, according to a new report released by the Economist In
Iranian exports of ultra-light oil have more than doubled this year from 2013 to about 190,000 barrels per day as buyers have taken advantage of a loophole in oil sanctions, International Energy Agency data showe
EcoCortec, a leading manufacturer of high-tech Vapor phase Corrosion Inhibiting (VpCI) films and bags in Europe, has unveiled the latest innovation in its wide range of flexible packaging products.
The plant is now offering specia
Opec heavyweight Saudi Arabia's crude oil exports edged up in September by around 59,000 barrels per day (bpd) while volumes used by domestic refineries remained high, official data showed.
The UAE is the world’s third largest exporter of textiles after the US and UK, according to a study. The country has a 7.75 per cent share of the global export market, it said.
The country exported $1.624 billion worth of te
Saudi Arabia's imports jumped an annual 19.6 per cent in August, ending nine consecutive months of declines, while growth in non-oil exports accelerated to 22.2 per cent, data from the Central Department of Statistics and Information showed
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