2008
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SAS sets up oil and gas division
Business intelligence software developer SAS is launching a Global Oil and Gas Business Unit. The... Read full article »
Oil falls to three-month low
Crude oil prices fell to a three month low as weather forecasters predicted that a storm in the... Read full article »
Adnoc regulates diesel sales
Abu Dhabi National Oil Company, the emirate's sole distributor of petroleum products will begin... Read full article »
Iraq tenders 7 wells for drilling
Iraq has called for bidding from contractors to drill seven new oil wells and complete work on... Read full article »
Quest powers up Iran IPP
The UAE's Quest Energy is developing an Independent Power Project (IPP) in Iran in partnership... Read full article »
Oman mulls Caspian stake sale
According to an Oman finance official, Oman would consider selling its 7% stake in the Caspian... Read full article »
Oil jumps back by $3
Oil prices fell by almost $3 a barrel on Friday, AP has reported. The movement was attributed to... Read full article »
Egypt builds $9bn oil refinery
A $9bn oil refinery and petrochemical complex is to be built in Egypt by Egyptian General... Read full article »
Sharp rise for oil
The price of oil rose $4.58 yesterday, its biggest rise since early July, closing at $126.77 a... Read full article »
Oil falls below $121
Oil fell to the lowest price since May yesterday, losing over $4 to reach $120.42. Analysts put... Read full article »
Oil price jumps slightly
The price of oil rose slightly to $125 per barrel after an attack shut down a Nigerian pipeline.... Read full article »
Transporters await oil price cut
Transporters in Dubai are widely expecting oil retailers to cut its pump prices as global crude... Read full article »
MIS wins $335m drilling deal
UAE-based Maritime Industrial Services Co. Ltd. Inc. has won a $335m rig-building contracts to... Read full article »
Oil hits 7-week low
Oil has hit a seven-week low on Friday, which slid further more than $20 off prices in two weeks,... Read full article »
Dragon Oil production up 37%
Dragon Oil announced a 37% increase in H1 gross production today from its Cheleken Contract Area... Read full article »
