2006
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Adnoc to build Ruwais refinery
Abu Dhabi National Oil Corporation is planning to build a refinery in Ruwais with a capacity of... Read full article »
UAE cuts 100,000 bpd
The UAE has cut oil output by 100,000 bpd following an Opec decision to reduce overall production... Read full article »
Korea, Kuwait crude storage deal
South Korea and Kuwait have agreed on the joint storage of 2m barrels of crude, Reuters reported.... Read full article »
Iran nods to $2.2bn fuel imports
Iran's parliament has given in principal go ahead for the spending of an extra $2.2bn on petrol... Read full article »
Shell, RAK Petroleum gas talks
Royal Dutch Shell is studying a plan with RAK Petroleum which could see the European oil major... Read full article »
NPCC, $390m Indian contract
Abu Dhabi-based National Petroleum Construction Company says it won a $390m engineering,... Read full article »
Oil slips on Opec doubts
Oil dropped to near $57 a barrel Tuesday on deepening doubts about Opec oil cuts, and healthy US... Read full article »
Opec members diverge on cuts
Qatar says it will cut its crude oil production by 35,000 bpd to satisfy an Opec agreement to... Read full article »
Iran to invite North Pars bids
Iran will soon invite bids to develop its North Pars gas field, Bloomberg reported. The offshore... Read full article »
Oil goes below $60
Oil prices slipped below $60 a barrel on Monday as analysts predicted weaker than expected US Q3... Read full article »
Aramco, Foster Wheeler deal
Saudi Aramco and Foster Wheeler have penned a front-end engineering and design contract for the... Read full article »
Oil output to decline by 2015
Global oil liquids production is set to hit a plateau within the next ten years before starting... Read full article »
VC Bank, GEM Challenger deal
Bahrain's Venture Capital Bank, along with its partner US private equity firm Global Emerging... Read full article »
Opec to shape oil prices
A report by the Standard Chartered Bank reveals that Opec's future policy decisions and agreed... Read full article »
Dana, SBM eye LNG deals
Dana Gas and Single Buoy Moorings, a provider of offshore floating solutions for the oil and gas... Read full article »
