2005
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Enoc pushes petrol hikes
Enoc chief executive Hussain Sultan has described the 32% increase in UAE petrol prices as a "... Read full article »
Crescent, Iraq study
Sharjah-based Crescent Petroleum has entered into an agreement with Iraqi Ministry of Oil... Read full article »
Occidental, $3bn Oman investment
Occidental will invest $3bn in the development of the Mukhaizna oilfield, to increase the... Read full article »
Mcdermott wins $500m gas deal
J Ray McDermott Eastern Hemisphere has won a contract from Qatar's Ras Laffan Liquefied Natural... Read full article »
Saudi to pump more oil
Saudi Arabia has pledged to increase oil production capacity from its current 11m bpd to 12.5m... Read full article »
$80-a-barrel oil say analysts
Oil will hit $80-a-barrel in the medium term but could retrace before the end of the year, two... Read full article »
Larsen, $37m Oman power upgrade
Larsen & Toubro ElectroMech Oman has won a contract worth $37.15m from Petrochemical Development... Read full article »
Opec, move to AD suggestion
Opec should consider moving its headquarters to Abu Dhabi, as the cartel is becoming concentrated... Read full article »
Rita misses big refineries
Oil dipped below $64 a barrel after Hurricane Rita missed Houston's main oil refineries, but shut... Read full article »
Aramco $8bn refinery expansion
Saudi Aramco will increase refining capacity and produce its first petrochemicals with an $8bn... Read full article »
UAE lifts crude, refining capacity
The UAE is lifting its crude oil capacity to 2.7m bpd by adding 100,000 bpd by Q4 2005 and a... Read full article »
Oil drops as Rita weakens
Oil prices fell sharply after news of minimal damage to US refineries in Texas, after a weakened... Read full article »
JGC wins Ras Laffan deal
Japan-based JGC says it has won a contract from Shell to build a 70,000 bpd gas-to-liquid plant... Read full article »
$14bn Qatar gas contracts
Qatar has awarded contracts to US, Japanese and French firms for engineering, procurement and... Read full article »
IMF revises oil prices
The IMF has revised up its 2005 forecast for oil prices to $54.23 a barrel, from $46.50. It... Read full article »
