2004
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Mideast to pump 42m bpd by 2020
Middle East oil producers will pump around 42m bpd in 2020 compared with 23m bpd in 2000,... Read full article »
Petrofac, USD72m Total UK job
Sharjah based Petrofac has won a USD72m, five-year contract from Total for offshore oil... Read full article »
US to re-bid Halliburton Iraq job
The US Army will break up Halliburton's USD13bn contract to provide support services for US... Read full article »
Azzam forecasts high oil prices
Top regional economist Dr. Henry Azzam, CEO of Jordinvest, has forecast that Brent crude will... Read full article »
USD1.4bn Qatar LNG tanker order
Qatar is set to place an order for eight LNG tankers next month costing around USD1.4bn, reported... Read full article »
Post-US election oil price fall
Oil prices should fall by 30 per cent after the US and Iraq elections are over, predicted Opec... Read full article »
Opec pumping oil flat out
Opec is pumping oil flat out and the group has already done all it can to cool prices, UAE Oil... Read full article »
BG buys Shell Egypt gas concession
BG Group has finalised an agreement for the USD235m purchase of Shell's interest in the Rosetta... Read full article »
Saudi acts to cool oil prices
Saudi Arabia yesterday cut the prices of its westbound crude sales to shift large volumes to cool... Read full article »
Bapco to restart pipeline
The Bahrain Petroleum Company intends to restart a pipeline from Saudi Arabia to northwestern... Read full article »
Cabinet approves KPC board
The Kuwait Cabinet has approved the new board of the Kuwait Petroleum Corporation under newly... Read full article »
Opec chief sees lower prices
Opec President Purnomo Yusgiantoro forecast on Monday that global crude prices would soon fall... Read full article »
Libya adopts transparent bidding
Libya has set out a new transparent bidding process for oil rights, replacing the former system... Read full article »
Oil price back to USD45
US light crude gained over a dollar at the end of last week with prices back above USD45 a... Read full article »
Opec output up again in August
Opec took oil output to a new peak in August with output up by 100,000 bpd to 29.6m bpd,... Read full article »
