Industry

Iran to sell first heavy crude oil through bourse

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The National Iranian Oil Company (NIOC) will offer 600,000 barrels of heavy crude oil for sale on the Iran Mercantile Exchange making it the first such sale through the offshore oil and commodities market.

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Petrofac provides trading update

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Petrofac released a trading update ahead of the announcement of its interim results for the six months ending 30 June at the end of August.

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Eni reaffirms its commitment in Egypt

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Eni has reaffirmed its commitment to continue working in Egypt following recent agreements that cover both exploration and development in the country.

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Endress+Hauser expands German competence center

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Endress+Hauser has successfully expanded its competence center for liquid analysis in Gerlingen, Germany.

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DNO in merger talks with RAK Petroleum

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RAK Petroleum Public Company Limited, (RAK Petroleum) and Norway's DNO International ASA (DNO) signed a heads of agreement to merge RAK Petroleum's Middle East and North Africa (MENA) operating subsidiaries into DNO in exchange for DNO shares to be issued to RAK Petroleum.

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