2004
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Oil price USD45, four-week high
Oil prices open this week at over USD45 a barrel, a four-week high. The latest hike in oil prices... Read full article »
GCC Oil Ministers meet in AD
Oil Ministers from the GCC states will meet in Abu Dhabi next week to discuss soaring oil prices... Read full article »
Opec ups quotas, oil prices rise
Oil prices headed higher yesterday despite the raising of Opec's formal oil output quotas by 1m... Read full article »
Iraq, 3.25m bpd target 2006
Iraq's Oil Minister Thamir Ghadhban told Reuters his country will raise capacity to 3.25m bpd by... Read full article »
Qalhat LNG, partnership stakes
Oman has signed an agreement with Oman LNG and Fenosa Gas making them partners in Qalhat LNG... Read full article »
Opec reluctant to boost output
Opec countries are reluctant to boost oil output in a bid to lower oil prices, said Saudi Arabian... Read full article »
KSA sees no oil shortage
Saudi Arabia Oil Minister Ali Al Naimi told reporters in Vienna that oil markets have more than... Read full article »
Opec unlikely to move quotas
Opec is unlikely to change oil quotas at its meeting this week, officials told Reuters. Delegates... Read full article »
Hurricane sends oil to USD44
The threat of Hurricane Ivan to US offshore oil supplies sent oil prices back up yesterday. US... Read full article »
Total boss calls for Opec FDI
The Chairman of Total Thierry Desmarest told the Financial Times that Opec must open its doors to... Read full article »
Opec to discuss new price band
Opec is to set up a commission to recommend a new crude oil price band by the end of the year,... Read full article »
Havana pipeline sabotaged in Iraq
The pipeline linking Kirkuk to the Havana oilfield has been sabotaged by gunmen, an oil executive... Read full article »
USD180bn GCC oil income 2004
Oil income in the GCC will top USD180 billion this year, the highest ever, according to the... Read full article »
Opec united on USD30 target
Opec is united around the need to raise its average oil price target to USD30 a barrel, Iran's... Read full article »
USD10-15 political premium on oil
Opec President Purnomo Yusiantoro yesterday told the World Energy Congress in Sydney that there... Read full article »
