2005
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China to lift Saudi oil imports
China will raise crude imports from Saudi to 500,000 bpd in 2006, an increase of about 14% over... Read full article »
Bapco, $150m expansion
Bahrain-based Bapco will outlay more than $150m to expand its gas production and distribution... Read full article »
Opec waits for winter
Opec is waiting for the northern hemisphere winter to set in before deciding on oil supply policy... Read full article »
Oil back over $58
Oil kicked back over $58 on Monday with the markets now looking to winter demand for direction.... Read full article »
Saudi expansion on track
Saudi Arabia says its plan to boost oil production capacity by 1.5m bpd by 2009 is on track. The... Read full article »
Opec urged to maintain supplies
The US wants Opec to keep crude up to markets despite prices retreating from records highs and... Read full article »
China oil imports to rise
China's oil imports may rise 6% in 2005 despite high international prices that discourage... Read full article »
Kuwait oil field exhausted
Kuwait's huge Burgan oil field is exhausted and production levels are running down, Chairman of... Read full article »
Oil prices slip below $57
Oil prices dropped below the $57-a-barrel mark at the end of last week after news of higher than... Read full article »
US urges single GCC oil policy
GCC States should adopt a uniform policy on oil production expansion to bring about a more stable... Read full article »
Cargo surcharges to drop
Cargo carriers are set to reduce fuel surcharges to $0.55 cents a kilo from 21 November, reported... Read full article »
Iran oil nominee withdraws
Sadeq Mahsuli, the second candidate for oil minister chosen by president Mahmoud Ahmadinejad, has... Read full article »
Oil down as investors wait
Oil prices drifted lower yesterday as investors wait for confirmation of an anticipated rise in... Read full article »
KNPC, $6.2bn refinery plans
Kuwait National Petroleum Company plans to pre-qualify international contractors next month for a... Read full article »
Saudi maintains supplies
Saudi Arabia will keep crude supplies to Asian lifters at full contracted volumes for December,... Read full article »
