2005
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$20bn-a-year refinery bill
Oil companies need to spend $20bn-a-year over the next 25 years on refineries to bring fuel... Read full article »
Shell, $1bn Petrofac job in Oman
Petrofac has won a $1bn contract to boost output from Shell's oilfields in Oman, reported... Read full article »
Saudi oil income to hit $150bn
Saudi Arabia's oil revenues will hit $150bn this year, up 42% on 2004, according to the... Read full article »
Iranian oil revenues rocket
Iran's oil and gas revenues rose by 38% to $19.9bn between March and July this year, reported the... Read full article »
IEA call to double investment
The International Energy Agency has called on producers to expand investment to meet an estimated... Read full article »
Arab Oil & Gas Show opens
The 12th edition of the Arab Oil & Gas Show opens tomorrow at the Dubai International Exhibition... Read full article »
Western oil shipments lower
Oil shipments in the first 20 days of November will be 500,000 bpd down on last year, reported... Read full article »
BP boss warns on oil prices
Oil prices are unsustainably high, BP CEO John Browne told reporters at a conference in Singapore... Read full article »
Oil price under $60-a-barrel
Oil prices closed just under $60-a-barrel on Wednesday after news of slightly higher US... Read full article »
Iran Oil Minister ex-revolutionary
Iran's newly nominated oil minister, Sadeq Mahsouli is a former Revolutionary Guard and... Read full article »
IEA, oil market well balanced
The International Energy Agency executive director Claude Mandil said the oil market was... Read full article »
Iraq, exports at two-year low
Oil exports from Iraq hit a two-year low in October due to sabotage to the northern pipeline and... Read full article »
Technip only Dolphin bidder
Contractors' order books are presently so full that Technip was the only Western firm to bid for... Read full article »
Oil to stay $60-70 says US
Oil prices are likely to trade in the $60 to $70 a barrel range over the next few years because... Read full article »
Opec refinery investment plea
Oil companies should be using their record profits to invest in new refinery capacity, said... Read full article »
