2008
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Iraq resumes exports to SK
Iraq will resume oil exports to South Korea's SK Energy on Jan 1 following a year's suspension... Read full article »
Taqa forms JV with RBS Sempra
Abu Dhabi National Energy Co (Taqa) has announced that it has formed a joint venture to invest in... Read full article »
Masdar, Colexon in solar module tie-up
Abu Dhabi Future Energy Co is investing $600m in two factories that will be run by Colexon... Read full article »
Deutsche forecasts oil price at $47.50 in 2009
Deutsche Bank has issued a new report forecasting that oil prices will average $47.50 a barrel... Read full article »
Global oil demand to shrink
A new report by the US government says global oil demand will slow this year and next as... Read full article »
Oil prices slide below $40
Crude oil prices have slumped below $40 on Friday, the lowest levels in nearly four years, AFP... Read full article »
Oman trims budget oil price by $10
Oman has reduced its assumed oil price for the 2009 budget by $10 to $45 following a sharp... Read full article »
Edison wins Abu Qir oil and gas rights
Italy's Edison International has signed a deal with the state-owned Egyptian General Petroleum... Read full article »
Egypt, EU sign energy cooperation pact
The European Union and Egypt signed a memorandum of understanding on Tuesday to enhance energy... Read full article »
Taqa buys Shell, Esso oil fields
Abu Dhabi National Energy Co (Taqa) has announced that its subsidiary, Taqa Bratani, has... Read full article »
OPEC to cut output, says Qatari minister
OPEC will cut oil output at its next meeting on Dec. 17 in Algeria, Qatar's oil minister told... Read full article »
Oil may fall to a single digit, says economist
The sharp decline in oil prices due to the ongoing economic crisis could result in drastically... Read full article »
Oil dips below $47
After falling more than $2 on Tuesday, oil prices have now plunged $100 below their record peaks... Read full article »
Iran proposes joint nuclear plants
Iran has offered a proposal to develop nuclear power plants jointly with other Gulf states.... Read full article »
Oil falls on Opec delay
The price of crude oil fell below $53 in New york after Opec delayed a decision on cutting... Read full article »
