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KSA ministry urges gas use

According to Al-Watan newspaper, following the success of the Natural Gas Distributing Limited... Read full article »
Saudi Arabia: Tuesday, December 31 - 2002 at 14:07

Safer pipe for Gulf

A new pipeline set to be built by the six Arab Gulf Cooperation Council countries will ensure... Read full article »
United Arab Emirates: Monday, December 30 - 2002 at 13:35

Oil at two year peak

Oil prices are at a two-year high, over USD33 a barrel, as traders bet on a possible military... Read full article »
United Arab Emirates: Monday, December 30 - 2002 at 13:33

OPEC to bolster supply

The Organisation of the Petroleum Exporting Countries, which controls two-thirds of world crude... Read full article »
United Arab Emirates: Monday, December 30 - 2002 at 13:32

Kuwait takes emergency oil measures

Kuwait is taking emergency measures to protect its oil facilities against any Iraqi attack in... Read full article »
Kuwait: Monday, December 30 - 2002 at 13:30

Samsung - new Qatar LNG deal

South Korean shipbuilder Samsung Heavy Industries has signed a $157 million deal with Qatar for... Read full article »
Qatar: Thursday, December 26 - 2002 at 14:47

Chiyoda's new methanol plant

Saudi Arabia's International Methanol Company (IMC) has signed a $240 million contract with... Read full article »
Saudi Arabia: Thursday, December 26 - 2002 at 14:42

AOC signs with Kuwait

Arabian Oil Co (AOC) of Japan will sign a new oil deal with Kuwait on December 29 to replace its... Read full article »
Kuwait: Wednesday, December 25 - 2002 at 13:15

Iran to discuss pipeline with Pakistan

Iranian president Mohammed Khatami is on a three-day visit to Pakistan and will discuss a USD4bn... Read full article »
Iran: Tuesday, December 24 - 2002 at 09:05

Iraq asks for a Lukoil replacement

Iraq has formally asked Russia to choose a replacement for Lukoil on the USD3.7bn project it... Read full article »
Iraq: Tuesday, December 24 - 2002 at 09:02

Oil above USD30 per barrel

The combination of hightened war fears and a strike in Venezuela sent oil prices close to a... Read full article »
United Arab Emirates: Monday, December 23 - 2002 at 11:53

Kuwait-Oman pipeline proposed

A Qatari proposal to build an oil pipeline from Kuwait to Oman is to be studied after a... Read full article »
Qatar: Monday, December 23 - 2002 at 09:00

Abu Dhabi, USD1.35bn energy FDI

Abu Dhabi holds downstream oil investments abroad worth USD1.35bn, according to a report... Read full article »
United Arab Emirates: Monday, December 23 - 2002 at 08:57

Opec monitoring high oil price levels

Saudi Arabian oil minister Ali Al Naimi said that Opec was monitoring oil prices and would... Read full article »
Saudi Arabia: Sunday, December 22 - 2002 at 09:07

No plans to tap emergency stockpiles

Washington and the International Energy Agency have no plans to tap emergency oil stockpiles to... Read full article »
United Arab Emirates: Sunday, December 22 - 2002 at 09:04