2005
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China petrochems, Oman stake
Oman Oil Company has bought a 30% stake in GS Group to invest in Qingdao Lidong Chemical Company,... Read full article »
Oman to build huge gas plant
Petroleum Development Oman and Petrofac, the international oil and gas services group, have... Read full article »
Oil ministers meet tomorrow
Opec oil ministers assemble in Vienna tomorrow with a call from the Opec president to keep... Read full article »
Opec mulls 2m bpd increase
Opec is considering a 2m bpd increase in oil supplies in the three months ahead, UAE Oil Minister... Read full article »
Sabic awards Yansab contracts
Saudi Basic Industries has awarded a contract to Technip Italy for the engineering, procurement... Read full article »
Opec's production rises
Opec crude production rose an average 30,000 barrels to 30.25m bpd in November, according to... Read full article »
Major Iran oil find
Norway's Norsk Hydro has made a major oil discovery in western Iran, near the border with Iraq.... Read full article »
Oil climbs over $60
Oil climbed back over $60 a barrel today as investors anticipate news of lower US crude stocks... Read full article »
Iraq looks to raise output
Iraq plans to lift crude production by 25% to pre-war levels of 2.6m bpd in 2006, according to... Read full article »
Japan, Iraq oil loans
Japan will grant Iraq low-interest loans as part of to rebuild its oil infrastructure, saying... Read full article »
Kuwait, China $5bn refinery
Kuwait and China have agreed on the construction of a refining and petrochemicals complex in... Read full article »
Shell production drop in Oman
Shell expects production from its venture in Oman to drop 5% to about 600,000 bpd in 2006 as it... Read full article »
Iran nuclear plant
The Iranian government has approved plans to build a second nuclear power plant, in the south-... Read full article »
Iran's new oil minister nomination
Iran's president has nominated veteran Oil Ministry official and acting Oil Minister Kazem... Read full article »
VLCC charter rates softer
The regional market for Very Large Crude Carriers has softened a little, reported Gulf News.... Read full article »
