2004
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Riyadh bombs up oil prices
US oil futures jumped yesterday after two car bombs exploded in Riyadh but later fell back. Nymex... Read full article »
Oil price steady at USD42
US light crude held steady at USD42 a barrel in light trading yesterday while Brent crude hovered... Read full article »
Adnoc trims extra Feb supply
The UAE is set to refrain from offering extra crude oil in February, the first month without... Read full article »
Egypt's first LNG for Spain
Next week the first Egyptian LNG shipment for Spain will leave the new Damietta plant, 200km... Read full article »
Oil prices down USD2
US light crude futures for February delivery fell by USD2.28 yesterday to USD41.90 a barrel on... Read full article »
KSA adds 800,000 bpd
Saudi Arabia's Crown Prince Abdullah bin Abdul Aziz yesterday inaugurated an 800,000 bpd... Read full article »
Opec cuts hit freight rates
Shipping rates have tumbled in the wake of Opec's decision to cut output by 1m bpd, reported Gulf... Read full article »
USD800m Qafac II progress
Qatar Fuel Additives Company has signed a heads of agreement for the USD800m Qafac II project,... Read full article »
Syria, drilling deals for Tunisia
Syria has awarded a USD14m contract for oil and natural gas exploration to Tunisian company HBS... Read full article »
US stocks hit oil prices
Crude futures dropped on Wednesday after the US reported large increases in fuel oil stocks.... Read full article »
Asia overflowing with oil
A sharp fall in demand from China and Japan has left oil stocks at their highest levels since... Read full article »
Iraq, 3.5m bpd by end 2005
Iraq hopes to produce 3.5m bpd by the end of 2005, Iraqi Finance Minister Adil Abd Al Mahdi told... Read full article »
Opec, USD157m philanthropic loans
The UAE-chaired Opec Fund for International Development has approved 17 loans worth USD157m to... Read full article »
Total to buy into Qatar Gas II
Total is in the final stages of negotiating an entry into the USD12bn Qatar Gas II project, CEO... Read full article »
Oil back above USD46
Oil prices held above USD46 a barrel in overnight trading, supported by freezing weather in the... Read full article »
