2007
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Shell, Occidental lead race
Royal Dutch Shell and the US based Occidental Petroleum are the favourites to land a multi... Read full article »
Iran to end petrol imports
Iran will be able to refine enough petrol to cover its domestic needs by 2009 and should be able... Read full article »
US crude at $96
US light crude for December delivery edged up in trading yesterday to a fraction below $96 a... Read full article »
Oil hits $99
Oil prices reached $99 a barrel on Wednesday, closing in on a triple-digit all-time high,... Read full article »
Abu Dhabi to invest $20bn
Abu Dhabi plans to invest more than $20bn to bolster the emirate's oil and natural gas output,... Read full article »
US urges OPEC to up output
US Energy Secretary Sam Bodman has urged OPEC to raise production, saying that current oil prices... Read full article »
Oil hits $97
Oil prices climbed to a record on Tuesday, surpassing $97 as a storm forced BP and ConocoPhillips... Read full article »
Kuwait appoints acting minister
Kuwait has appointed its electricity and water minister as acting oil minister following the... Read full article »
Oil prices dip
Oil fell more than $2 on Monday due to heightened concern over the economic health of the world's... Read full article »
Kuwaiti Oil Minister resigns
Kuwait's State Minister for Cabinet Affairs Faisal Al Hajji has been quoted by the KUNA as saying... Read full article »
OMV, IPIC upstream agreement
Austrian oil and gas company OMV has signed an agreement with its second-largest shareholder, Abu... Read full article »
Iran warns foreign firms
Iran's Acting Oil Minister GholamHossein Nozari has warned foreign energy firms that the Islamic... Read full article »
Kuwaiti Oil Minister could quit
Kuwait's New Oil Minister Bader Al Humaidhi has offered to resign after some Members of... Read full article »
Yemen eyes refinery
Yemen's Oil Minister Khalid Mahfoud Bahah has said the country is considering developing a multi... Read full article »
Iran shuns greenback deals
An official at the National Iranian Oil Company (NIOC) has revealed that 85% of the Islamic... Read full article »
