NPCC wins Qatar Petroleum deal

Abu Dhabi's National Petroleum Construction Company has won a multi-million dollar EPC contract... Read full article »
United Arab Emirates: Sunday, December 22 - 2002 at 09:02

Opec calls for non-Opec output cuts

Opec secretary general Alvaro Silva Calderon has called on oil producers outside the cartel to... Read full article »
United Arab Emirates: Thursday, December 19 - 2002 at 09:11

Saudi chops Asian oil exports

Saudi Arabia is cutting its crude oil exports to Japan and other Asian countries by 22 per cent... Read full article »
Saudi Arabia: Thursday, December 19 - 2002 at 09:09

Slavneft sold to Sibneft and Tyumen

Russia's last major planned oil asset sale saw Slavneft sold for USD1.86bn to Tymen Oil and... Read full article »
Russia: Thursday, December 19 - 2002 at 09:06

Venezuela to supply US reserves

Despite having its oil industry shutdown for the past two weeks, Venezuela is likely to sign a... Read full article »
United Arab Emirates: Wednesday, December 18 - 2002 at 08:58

Chinese not to bid for Slavneft

China National Petroleum Corporation will not be bidding for a majority stake in Russia's eighth... Read full article »
United Arab Emirates: Wednesday, December 18 - 2002 at 08:54

Oman oil production to fall again

Oman's crude oil output will decline by eight per cent in 2003 to around 710,000 bpd, reported... Read full article »
Oman: Tuesday, December 17 - 2002 at 09:12

Adgas to up LPG production

The Abu Dhabi Gas Liquefaction Company is set to boost output of liquefied petroleum gas by two-... Read full article »
United Arab Emirates: Tuesday, December 17 - 2002 at 09:08

Russia asks Iraq to reconsider

Moscow has asked Iraq to reconsider a decision to scrap a USD3.7bn contract awarded to Lukoil,... Read full article »
Iraq: Tuesday, December 17 - 2002 at 09:04

New Iraq could leave Opec

A post-US invasion Iraq could pull out of Opec leaving the oil price cartel in disarray, reported... Read full article »
Iraq: Monday, December 16 - 2002 at 08:55

Lukoil threatens Iraq with lawsuit

Russian oil giant Lukoil is threatening to take Iraq to court over the scrapping of a USD3.7bn... Read full article »
Iraq: Monday, December 16 - 2002 at 08:51

Qatar expects USD25 oil price

Qatari oil minister Abdullah bin Hamad Al Attiyah has predicted that oil prices will stay around... Read full article »
Qatar: Sunday, December 15 - 2002 at 09:02

Saudi moves on Opec output cuts

Saudi Arabia has moved swiftly to implement the cuts in production agreed at last week's Opec... Read full article »
Saudi Arabia: Sunday, December 15 - 2002 at 08:58

UAE backs Saudi on Opec cuts

UAE oil minister Obeid bin Saif Al Nasiri has backed a Saudi call to cut actual Opec oil output... Read full article »
United Arab Emirates: Thursday, December 12 - 2002 at 09:04

GCC oil income to fall USD4bn

GCC oil revenues will fall by USD4bn this year to USD99.7bn, predicts the Centre for Global... Read full article »
Saudi Arabia: Thursday, December 12 - 2002 at 09:00