2004
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Al-Naimi predicts higher prices
Oil prices will rise next week, Saudi Oil Minister Ali Al-Naimi told Arab News, playing down the... Read full article »
Opec cuts 1m bpd from Jan
Opec producers agreed to cut 1m bpd or 3.5 per cent of current supply at their meeting in Cairo... Read full article »
Oil prices plummet, USD40
World crude oil prices plunged late last week as traders cast aside news of a modest Opec... Read full article »
UAE backs Opec action
New UAE Energy Minister Mohammed bin Dha'en Al Hamili has said the UAE was committed to the Opec... Read full article »
USD110m Qatari rig for Keppel
Keppel, a Singapore conglomerate, has secured a USD110m oil rig contract from Qatar's Gulf... Read full article »
Egypt, new gas discovery
Egypt has made a new offshore natural gas discovery in its deep Mediterranean waters, according... Read full article »
India opts for Qatari gas
India is looking to source LNG from Qatar and Yemen, after talks failed to finalise a deal to buy... Read full article »
Bahrain oil income surges
Bahrain's oil revenues in the first nine months of 2004 totalled USD1.8bn compared with a... Read full article »
Saudi, no need for Opec cuts
Saudi Arabian Oil Minister Ali Al Naimi told reporters in Cairo that there was no need for oil... Read full article »
UAE wants USD30-38 range
New UAE Energy Minister Mohammed bin Dha-en told reporters that the UAE would like to see a... Read full article »
Total, Iran Pars gas deal
Total has signed a framework deal with Iran to go ahead with the Pars LNG project by early 2006.... Read full article »
Shell, Qatar, USD6bn GTL
Shell is to invest USD6bn in a major gas-to-liquids plant in Qatar, CEO Jeroen van der Veer told... Read full article »
Opec keeps all options open
Opec is keeping all its options open, including cutting quotas, Iranian Oil Minister Bijan... Read full article »
Oil rises on Opec cut talk
Oil prices were higher yesterday on calls from some Opec members for production quota cuts. US... Read full article »
Omani oil production drops
Oman's oil production will drop to 750 000 bpd next year, 8.4 per cent lower than in 2004,... Read full article »
