2006
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ORC signs power plant deal
Oman Refinery Company signed an agreement with Iran's Hirbodan and UAE-based Hico for the... Read full article »
Iran to double refining capacity
Iran plans to lift its oil refining capacity to 3.2m bpd by 2012 from the current 1.7m bpd, the... Read full article »
Adnoc cuts naphtha premiums
Abu Dhabi National Oil Company has cut premiums by as much as 44% of naphtha destined for Asian... Read full article »
Refinery seeks private money
The Saudi private sector will be offered a stake in a third new oil refinery in Jizan, according... Read full article »
Kuwait aims at gas targets
Kuwait plans to start commercial production of gas by the end of 2007 or early 2008, AFP... Read full article »
Oil to rise on scarce capacity
US investment bank Lehman Brothers is predicting a 9% increase in oil prices in 2007 to $73.50 a... Read full article »
Oil below $60 pressures Opec
Oil prices dropped 1% to around $58 a barrel Monday despite Opec signalling it may decide to take... Read full article »
UAE aims to up output
The UAE is aiming to step up its oil production from its current 2.7m bpd to 3.5m bpd by the end... Read full article »
Nakilat, Shell LNG deal
The Qatar Gas Transport Company has appointed the Shell International Trading and Shipping... Read full article »
Sipchem, Jubail plants go-ahead
The Saudi International Petrochemical Company has said it is to continue with the construction of... Read full article »
Saudi set for Premium 91 fuel
Saudi Aramco is gearing up for the January release of the new low octane Premium 91 petrol,... Read full article »
Saudi to hit 18m bpd
The International Energy Outlook 2006, published by the US Department of Energy and cited by Gulf... Read full article »
ETA wins $87.6m Transco deal
The Abu Dhabi Transmission and Despatch Company has awarded an $87.6m contract involving the... Read full article »
Oil edges down to $55 a barrel
Oil fell towards $55 a barrel yesterday, its lowest level since mid 2005, due mainly to fund... Read full article »
Lukoil eyes Azadegan field
Russian oil firm Lukoil is keen to develop Iran's Azadegan oil field according to the AFP. The... Read full article »
