2007
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Political tension boosts oil price
Qatar's Energy Minister Abdullah bin Hamad al-Attiyah said he believes political tensions such as... Read full article »
Aramco closes Rabigh refinery
Saudi Aramco is to shut down its 400,000 barrels per day Rabigh refinery for at least a month... Read full article »
Taqa Kuwaiti agreement
The Abu Dhabi National Energy Company (Taqa) has signed a letter of intent with the Kuwait Energy... Read full article »
Oil closes above $87
US light, sweet crude for November delivery finished the day's trading at $87.6 a barrel on... Read full article »
Oil touches $87.7 a barrel
Escalating tensions between Turkey and Kurdish rebels in Iraq, alongside the weakening dollar and... Read full article »
Musical chairs in Kuwait
Kuwait's Acting Oil Minister Mohammed Al Olaim has announced that the heads of the country's... Read full article »
Qatar gas concerns
Analysts have voiced concerns over whether Qatar will be able to increase the liquefied natural... Read full article »
Iraq, Turkey look long-term
Iraq and Turkey are discussing a long-term oil supply contract as the pipeline from the former's... Read full article »
Opec ups demand forecasts
Opec has raised its estimate of oil demand over the winter, according to Reuters citing the... Read full article »
Bharat snares RAK deal
India's Bharat Heavy Electricals has received a $38m order for two gas turbine units, with each... Read full article »
Iran $4bn of petrol imports
Iran is expected to import $4bn worth of petrol in the current Iranian year which ends in March... Read full article »
Oil above $86, hits new record
Oil prices hit record highs yesterday, Monday, due to escalating tensions between Turkey and... Read full article »
US crude through $85 barrier
The price of US light crude has broken through the $85 a barrel barrier for the first time in... Read full article »
Saudi, Malaysia eye Iranian plants
Saudi Arabian and Malaysian firms are negotiating the development of power stations in Iran's... Read full article »
Nozari nears Iran job
Iran's Caretaker Oil Minister Gholamhossein Nozari is likely to be given the job on a permanent... Read full article »
