2004
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Opec spare capacity 1-1.5m bpd
Opec only has a spare capacity of another 1-1.5m bpd, according to Qatar Energy Minister Abdullah... Read full article »
Oil set to hit USD50 a barrel
Oil prices could pass the USD50 per barrel barrier this week, said traders in a Bloomberg survey.... Read full article »
UAE, Qatar subsea gas pipeline
The UAE and Qatar are due to sign an agreement today to construct a subsea pipeline, the first to... Read full article »
BG, Egypt LNG export deal
The UK's BG Group has signed five-year contracts for the export of 700,000 tonnes of LNG a year... Read full article »
Adipec conference Oct 10-13
The Abu Dhabi International Petroleum Conference will be held October 10-13 with thousands... Read full article »
UAE, 2.6m bpd by 2007
The UAE will increase its oil production to 2.6m bpd over the next two years against 2m bpd... Read full article »
KSA, Iran, Kuwait, Q4 up 1m bpd
Saudi Arabia, Iran and Kuwait will boost their combined output by 1m bpd in the fourth quarter,... Read full article »
Shell, USD15bn investment plan
Shell will invest USD15bn to boost reserves and production in 2004-6, and plans USD10-12bn in... Read full article »
Oil past USD48, US stock fears
The price of US light crude gained USD1.44 yesterday to close at USD48.20, only marginally below... Read full article »
Kuwait adds 150-200,000 bpd
Kuwait's Oil Minister Shaikh Ahmad Al Fahd Al Sabah said the country plans to increase its oil... Read full article »
Oil hits USD47 on supply worries
US light crude ended slightly below USD47 yesterday, just USD2 off its record set in August.... Read full article »
Kuwait strengthens oil supervision
Kuwait is to enact a new oil strategy next year to supervise and monitor the oil sector, reported... Read full article »
Oil price above USD46 a barrel
World oil prices surged on Monday with US light crude back above USD46 a barrel. The decision by... Read full article »
Yukos halts China oil supplies
Russian oil giant Yukos said it has partly suspended supplies to China due to cash flow problems,... Read full article »
Oil giants plead for FDI options
Oil majors meeting their Opec counterparts in Vienna last week issued a plea to oil countries for... Read full article »
