2004
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IEA, global oil trade to double
The International Energy Agency said yesterday that the world trade in oil will double over the... Read full article »
BP, Q3 profits rocket
BP has reported a 43 per cent surge in profits to USD3.9bn for Q3, including exceptional items... Read full article »
UAE, Qatar pipeline approved
The UAE Cabinet yesterday approved the gas pipeline agreement signed between the UAE and Qatar,... Read full article »
IMF, oil price unlikely to fall
International Monetary Fund Managing Director Rodrigo Rato said yesterday that oil prices were... Read full article »
Tanker rates at record high
Tanker rates have reached record levels at 12 cents per gallon, and still rising, reported Gulf... Read full article »
McDermott, Ras Laffan contract
Dubai based J. Ray McDermott has won a contract for the engineering, procurement, fabrication and... Read full article »
AD, USD2.5m wind generator
Abu Dhabi has inaugurated a USD2.5m wind power plant on Sir Bani Yas island. Officials said there... Read full article »
USD55.45 oil price, all-time high
Oil prices hit a fresh all-time high last Friday with US light crude touching USD55.45 before... Read full article »
USD180m Enoc tanker order
Enoc subsidiary Gulf Energy Maritime has placed a USD180m order with Hyundai of South Korea for... Read full article »
IMF calls for oil investment
IMF MD Rodrigo Rato yesterday called on oil producing nations to invest in more production... Read full article »
USD109m Sharjah gas project
The USD109m SajGas project has awarded a contract to Maritime Industrial Services of Sharjah to... Read full article »
No deal yet on UAE petrol prices
A planned meeting between the UAE Petroleum and Mineral Resources and the petrol retailers has... Read full article »
ChevronTexaco, Iraq, free advice
ChevronTexaco has signed an agreement with Iraq's Oil Ministry to provide free technical... Read full article »
Oil rebounds to USD54
Oil prices rebounded above USD54 a barrel yesterday on fears a fresh fall in US oil stocks will... Read full article »
KSA, USD380m oil tanker order
Saudi Arabia has placed an order for six oil tankers with Hyundai of Korea valued at USD380m,... Read full article »
