2006
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Oil to $63 on Iran sanctions
Oil prices went to $63 a barrel after Iran condemned UN Security Council sanctions on its trade... Read full article »
Refinery faces cost overrun
Kuwait National Petroleum Company has received bids to build an oil refinery up to two-and-a-half... Read full article »
Iran, Opec basket to hit $60
Opec's basket price should hit $60 a barrel once Opec's latest round of production cuts take... Read full article »
Saudi scraps petrol hike
Saudi Arabia has scrapped a proposed 25% increase in petrol prices following a ruling by King... Read full article »
Iran, UAE gas deal concerns
Iran's Oil Minister Kazem Vaziri Hamaneh said last week that the country will be unwilling to... Read full article »
Iran wants euros for oil
Iran is looking to receive payment for oil exports in euros as it moves its currency reserves... Read full article »
Iran, CNOOC $16bn gas deal
China National Offshore Oil Corp has signed $16bn deal to develop Iran's giant North Pars gas... Read full article »
Suez gets $3.36bn IWPP deal
Saudi Arabia has signed a $3.36bn build-operate-transfer contract with a consortium headed by... Read full article »
Hyundai, $1.6bn Umm Shaif deal
South Korea's Hyundai Heavy Industries has signed a $1.6bn engineering, procurement and... Read full article »
Total Iran investigation
French energy group Total is being investigated over alleged $2bn bribes paid to Iran, MSNBC... Read full article »
ABB wins $450m Kahramaa deal
Switzerland-based ABB has won a $450m contract to expand Qatar's power grid, Reuters reported.... Read full article »
Iran, 17 block tenders
Iran will put out tenders for exploration and development of 17 oil blocks next week, Reuters... Read full article »
Water consultancy agreements
Saudi's electricity and water ministry has signed consultancy agreements worth more than $5.3m to... Read full article »
JIFF $30m Dubai airport expansion
The Joint Industry Fuel Farm has completed a $30m expansion at Dubai International Airport, Gulf... Read full article »
Kuwait, Bangladesh renew fuel deal
Kuwait has agreed to supply fuel to Bangladesh for another year, Reuters reported. The current... Read full article »
