2008
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Oil prices predicted to rise
Opec president Chakib Khelil has said he believes oil prices will continue to keep rising during... Read full article »
Kuwait positively impacted by oil raise
The Kuwaiti economy was positively affected by the latest hike in international oil prices in the... Read full article »
Melrose expects to double oil production from Egypt
Scotland-based firm Melrose Resources said that the West Dikirnis oilfield has started... Read full article »
Gulf investors buy stake in Victoria Oil
A consortium of UAE and Gulf investors has acquired 29% of the share capital of UK's Victoria Oil... Read full article »
Iran says there's 'enough' oil
A senior Iranian oil official said there was "enough" supply in the market at this time and... Read full article »
SEC invites tenders to bid for $2bn power plant
Saudi Electricity Co, the country's largest power producer, will invite companies in the first... Read full article »
Opec has tied hands
Opec can do nothing about oil prices that hit a record high of $100 as the rise is due to... Read full article »
Oils hits the $100 mark
Oil hit a record of $100 a barrel triggered by tight energy stockpiles in consumer countries, and... Read full article »
Renaissance sells media unit for $7.8m
Oman's Renaissance Services Co plans to sell a media services unit to a group of Omani investors... Read full article »
Iran boosts oil output
Mohammad Javad Asemipour, production affairs head of the National Iranian Oil Company, said Iran... Read full article »
Qatar Shipping wins $210m contract
Qatar Shipping Co. has won a contract worth $210m from Dolphin Energy Ltd. to construct... Read full article »
Hyundai Engineering wins $714m contract
Hyundai Engineering & Construction Co., South Korea's biggest builder by market value, has won a... Read full article »
Iran cuts gas exports to Turkey
Iran has trimmed natural gas exports to Turkey to 'a minimum' because of Turkmenistan's halt of... Read full article »
Oman LNG and ORPC sign deal
Oman Refineries and Petrochemicals Company and Oman LNG Company have signed a long-term deal for... Read full article »
