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PetroJet wins USD81m Libya deal

PetroJet, an Egyptian engineering firm, has won a USD81m contract to design and build a petroleum... Read full article »
Egypt: Wednesday, October 06 - 2004 at 10:47

Oil touches USD51 per barrel

Oil prices threatened to breach USD51 per barrel as the aftermath from Hurricane Ivan continued... Read full article »
Wednesday, October 06 - 2004 at 08:51

Kuwait oil output to hit 2.7m bpd

Kuwait is poised to pump an extra 200,000 barrels per day of oil in a bid to help reduce oil... Read full article »
Kuwait: Tuesday, October 05 - 2004 at 05:55

Alba reaches safety milestone

Aluminium Bahrain's Line 5 Project has completed 17 million man-hours of work with only two Lost... Read full article »
Bahrain: Tuesday, October 05 - 2004 at 04:23

OPEC not to blame for high prices

Kuwait's oil minister said geopolitics, economics and terrorist attacks are to blame for driving... Read full article »
Kuwait: Monday, October 04 - 2004 at 09:38

Adnoc awards gas PMC

Adnoc Distribution, part of Abu Dhabi National Oil Company, has awarded the project management... Read full article »
United Arab Emirates: Monday, October 04 - 2004 at 09:11

Qatar unveils IWPP

Qatar has unveiled a second Independent Water and Power Project, Ras Laffan II, at a cost of... Read full article »
Qatar: Sunday, October 03 - 2004 at 06:24

ConocoPhillips, Iraq ambitions

ConocoPhillips CEO Jim Mulva told Reuters that his company could potentially win access to the... Read full article »
Iraq: Saturday, October 02 - 2004 at 09:56

Oil prices come off USD50

Oil prices slipped back below the psychologically important USD50 barrier yesterday on news that... Read full article »
Saudi Arabia: Thursday, September 30 - 2004 at 07:52

Oil stirkes USD50.47

In New York crude oil for November delivery hit a record USD50.47 a barrel yesterday, the highest... Read full article »
Saudi Arabia: Wednesday, September 29 - 2004 at 06:42

KSA to produce 11m bpd

Saudi Arabia, the world's largest oil exporter, will raise production from 9.5m bpd to 11m bpd... Read full article »
Saudi Arabia: Tuesday, September 28 - 2004 at 16:12

Oil price close to USD50

US light crude gained 86 cents to close at USD49.74 yeaterday, the highest in 21 years of trading... Read full article »
Saudi Arabia: Tuesday, September 28 - 2004 at 10:06

Gulf oil should open to FDI

Gulf oil states need to open to foreign direct investment in order to achieve the expansion of... Read full article »
United Arab Emirates: Tuesday, September 28 - 2004 at 09:24

Iraq reopens Kirkuk pipeline

Iraq has resumed oil exports of 400-500,000 bpd to Turkey which were halted by sabotage on... Read full article »
Iraq: Tuesday, September 28 - 2004 at 08:34

Gasco, USD1.3bn bid shortlist

Abu Dhabi Gas Industries has shortlisted four bidders for the third phase of the Onshore Gas... Read full article »
United Arab Emirates: Monday, September 27 - 2004 at 08:24
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