2003
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Opec decision risks lower prices
Opec's decision last week to hold back on output cuts until February at the earliest risks... Read full article »
Shell, aviation fuel sales up 4.5pc
Growth in aviation jet fuel sales in the region is expected to hit 4.5 per cent in 2003, and will... Read full article »
Oman, oil output to fall 10pc
Oman will reduce its oil output by as much as 10 per cent next year due to declining production,... Read full article »
Opec cuts likely in 2004
UAE Oil Minister Obeid bin Saif AL Nasiri joined his colleagues from Algeria and Indonesia in... Read full article »
Al Naimi defends higher oil prices
Saudi Oil Minister Ali Al Naimi said higher oil prices of more than USD30 were justified by the... Read full article »
Brent futures sharply higher
IPE Brent crude futures moved sharply higher on Tuesday ahead of the Opec meeting this week, and... Read full article »
Oil lower, Opec cuts ruled out
January Brent futures fell 55 cents to USD27.90 on Monday after Opec Oil Ministers said they were... Read full article »
Syria, US oil reserve study
Despite looming US sanctions, Syria has signed a deal with America's Veritas DGC to carry out a... Read full article »
Aramco, new export contracts
Saudi Aramco has sealed its largest ever term distillate export contracts, reported Reuters. The... Read full article »
Qatar GTL plant foundation stone
Qatar's heir apparent Sheikh Tamim bin Hamad Al Thani will lay the foundation stone for the... Read full article »
Mexico avoids Saudi meeting
Mexican Energy Secretary Felipe Calderon said he is not planning to meet with his opposite... Read full article »
Aramco books tankers for US
Saudi Aramco has booked three 2m-barrel tankers to ship crude oil to the US, signalling a... Read full article »
Brent up, awaiting stocks news
IPE Brent crude futures rose by 29 cents a barrel to USD28.23 on Wednesday as the markets awaited... Read full article »
BP mulls Oman LNG for UK
BP Gas and Power is reviewing the sourcing of LNG from Oman to supply UK customers, reported Gulf... Read full article »
Non-members boost Opec
Non-members of Opec could fail to meet growth forecasts next year, relieving the pressure on Opec... Read full article »
