2008
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GCC oil ministers to meet in Qatar
GCC oil ministers are meeting today in Doha, where discussions are expected to cover the current... Read full article »
Oman Oil ups stake in Mol
State-owned Oman Oil has boosted its stake in Mol Nyrt, eastern Europe's largest refiner by... Read full article »
Oil price fall threatens supply
Continuing fall on oil price levels are wreaking havoc on the industry and are threatening... Read full article »
Oil dips below $40
Oil slid to below $40 a barrel on Thursday as further evidence of slowing demand trumped OPEC's... Read full article »
Opec makes record cut
OPEC oil ministers on Wednesday agreed to cut 2.2 million barrels per day from oil markets -... Read full article »
Middle East to cut jet fuel exports by 11% in 2009
Analysts say Middle East refiners will cut jet fuel exports by 11% in 2009 due to surging demand... Read full article »
Saudi oil revenues to fall 41% in 2009, says report
Saudi Arabia's oil export revenues could fall 41% to $172bn in 2009 due to lower production and... Read full article »
Oil industry outlook 'stable' says Moody's
A new report by Moody's Investors Service says the outlook for the global integrated oil industry... Read full article »
Iran says fuel smuggling up 232%
Iran says its naval security forces have confiscated ten oil tankers smuggling 4,600 tons of... Read full article »
Opec likely to make big cut
Opec may make the biggest supply cut in a decade to curb falling crude prices as demand drops for... Read full article »
Dolphin denies pipeline finance rumour
The UAE's Dolphin Energy has denied a media report related to its multi-billion dollar project... Read full article »
Price of Oman crude increases
The price of Oman crude oil for immediate loading increased by $2.33, or 5.5%, on Friday to $44.... Read full article »
True oil price 'should be' over $100
Iran's oil minister has said that he considers that the real price for a barrel of crude should... Read full article »
Oil falls below $44
Oil has fallen below $44 a barrel on Friday, Reuters has reported. The losses were attributed to... Read full article »
Conergy to develop solar power plant in KSA
Conergy Asia-Pacific, a regional subsidiary of Hamburg-based Conergy, has been awarded a contract... Read full article »
