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  • CNPC says Iraq's Halfaya oilfield in operation

    CNPC says Iraq’s Halfaya oilfield in operation

    State-owned China National Petroleum Corp said the first phase of Iraq's Halfaya oilfield had started operating and had a production capacity of 100,000 barrels per day.

    June 18, 2012 11:25
  • Arab-monetary-fund-in-65-million-loan-to-Egypt

    Arab monetary fund in $65 million loan to Egypt

    The Arab Monetary Fund (AMF) said on Sunday it was arranging a $65 million credit facility for Egypt to help the country trade with other Arab states, as political instability threatens Cairo with a balance of payments crisis.

    June 18, 2012 10:41
  • commodities

    Egypt’s GASC says has 6-month wheat supply

    Egypt's state wheat buyer said on Wednesday it had purchased six months' supply from local and international sources and was looking to issue a new international wheat tender for delivery in the start of August.

    June 13, 2012 5:56
 
  • Abu-Dhabi

    Abu Dhabi’s IPIC 2011 net profit slumps to $44.7 million

    Abu Dhabi's International Petroleum Investment Company (IPIC) reported a net profit of $44.7 million on Wednesday, down from $1.3 billion in the prior-year period, as market volatility and currency exchange risks weighed on profitability.

    June 13, 2012 5:48
 
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