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Iran says domestic gasoline demand to be met by March 2014
Iranian deputy oil minister Alireza Zeighami has said the country's gasoline production is set to... Read full article »
Iran mulling halting oil exports in future
Iranian first vice president Mohammad-Reza Rahimi has said the country is considering stopping... Read full article »
IEA sees demand for Opec oil lowest in 4 years
The International Energy Agency (IEA) has cut its estimates for global oil demand saying the... Read full article »
Bahrain to commission two STGs next month
Bahrain Petroleum Co (Bapco) is set to launch in April two new steam turbo-generators (STG) built... Read full article »
Oman earns $4bn annually from LNG exports
The chief executive of Oman LNG, Harib al Kitani has said the country's liquefied natural gas (... Read full article »
Kuwait to raise oil, gas production
Kuwait Oil Co (KOC) has revealed plans to raise oil and gas output by 750,000 barrels per day (... Read full article »
April crude volumes to Asia to be supplied in full by Saudi Arabia
Saudi Arabia is to supply full contracted volumes of crude oil to at least one Asian term buyer... Read full article »
Iraq picks IOCs for Nasiriya oil project
Seven international oil companies (IOCs) have been selected by Iraq to bid for the development of... Read full article »
Abu Dhabi, Malaysia ink $7bn oil storage deal
The government of Abu Dhabi has signed an agreement worth an estimated $6.75bn for a petroleum... Read full article »
ADNOC says oil prices may fall in 2013
Abu Dhabi National Oil Co (Adnoc) has said lower demand and a rise in global oil stocks may lower... Read full article »
Shell in talks over crude storage deal in Fujairah
Royal Dutch Shell is in talks to secure one million cubic metres of crude oil storage at the port... Read full article »
Iran to build refineries in Africa to boost exports
Iran has signed agreements with Algeria, Angola, and South Africa to build small refineries in... Read full article »
Iraq set to receive Iranian gas imports soon
Iranian oil minister Rostam Qasemi has said his country will start exporting gas to Iraq within... Read full article »
Qatar discovers new gas field
Qatari energy minister Mohammed al-Sada has announced the discovery of a small offshore field... Read full article »
Saudi Arabia pumped more crude in February
Saudi Arabia has pumped 9.15 million barrels per day of crude oil in February, slightly more than... Read full article »
