2008
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ME oil income to hit $1.1tr
Despite a nearly 50% decline in oil prices from their July peak, the International Monetary Fund... Read full article »
Oil may hit $50
Analysts at Goldman Sachs and Merrill Lynch are predicting that the price of crude oil could fall... Read full article »
Mitsubishi, Turkey on Iraq oil talks
Planned talks in Tokyo between state-owned Turkiye Petrolleri and Mitsubishi Corp will hold talks... Read full article »
Masdar, E.ON form JV
E.ON, Germany's largest utility, and Abu Dhabi's Masdar have formed a joint venture to invest in... Read full article »
Dana finds gas reserve in Egypt
Dana Gas has announced a gas and condensate discovery in Egypt, marking the third discovery in... Read full article »
Oil dips below $75
Oil prices closed below $75 a barrel for the first time in nearly 14 months on Wednesday after... Read full article »
Oil falls below $78
Oil prices fell below $78 a barrel Wednesday in Asia on concern a massive bank bailout by the US... Read full article »
Oil to trade below $100 next year, analysts say
Oil prices will average less than $100 next year as consumers cut back on fuel consumption... Read full article »
CH2M Hill to run UAE's nuclear power program
CH2M Hill, a US consulting company, has won a 10-year contract to manage the UAE's nuclear... Read full article »
KSA to boost Karan gas output
Saudi Arabia plans to boost the production of natural gas from the Karan area, reported the... Read full article »
Iran plans new gas link to Europe
Iran plans to build a pipeline for shipping its natural gas to Europe that would be independent... Read full article »
Oil rises on bank rescue plan
Crude oil for November delivery rose after world governments unveiled plans to shore up their... Read full article »
Oil falls below $78
Prices for crude oil November delivery have fallen 10% to $77.70 a barrel on the New York... Read full article »
Iraq favours state-run oil bidders
Iraq is expected to award contracts to develop its oil reserves to state run companies. Forty-one... Read full article »
Iranian gas to go east not west
Future natural gas exports from Iran are more likely to go to Asia than Europe, an Iranian... Read full article »
