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DME plans oil swaps
Ahmad Sharaf, Chairman of the Dubai Mercantile Exchange (DME) has revealed plans to introduce oil... Read full article »
Arab refining projects may be scrapped
A new report by the Organization of Arab Petroleum Exporting Countries has said that uncertainty... Read full article »
Syria seeks to develop nuclear energy
Syrian deputy foreign minister, Faysal Mekdad, has said his country wants to pursue nuclear power... Read full article »
Sinopec eyes oil refinery JV with Aramco, ExxonMobil
China's largest oil refiner, Sinopec, is considering setting up a joint venture with Saudi Aramco... Read full article »
Iran says Opec may not boost output if demand rises
Iran's Opec governor has said that Opec may not necessarily boost output if oil demand rises, as... Read full article »
AlMansoori signs JV with US-based Key Energy
AlMansoori Petroleum Services, a subsidiary of UAE-based AlMansoori Specialized Engineering, has... Read full article »
GDF Suez-led group to raise $1.8bn for Saudi plant
Some $1.8bn will be raised by Saudi Electricity Co. and GDF Suez through syndicated bank loans... Read full article »
Weekly WTI oil price update: US jobs data propels oil above $80
Jobs data indicating that US economic recovery might be picking up steam finally pushed crude oil... Read full article »
Iraq inks deal for Maysan oilfields
Iraq has announced the signing of an initial agreement with China's CNOOC and Sinochem to develop... Read full article »
Iraq extends deal with Shell
Iraq's oil minister Hussain al-Shahristani has said the country has extended a memorandum of... Read full article »
Al Jaber wins Dhs1bn Adnoc Shah deal
Al Jaber Group has been awarded a Dhs1.1bn construction contract by state-run Abu Dhabi National... Read full article »
SEC names Riyadh PP11 preferred bidders
France's GDF Suez and Saudi Aljomaih Group have been named by the Saudi Electricity Co. (SEC) as... Read full article »
Iran proposes Kuwait Arash development JV
Mahmoud Zirakchianzadeh, head of Iran's state Offshore Oil Co, has said that the country has... Read full article »
IEA: Regional oil demand could grow by 5%
The International Energy Agency (IEA) has said that oil demand in the Middle East could grow by... Read full article »
Iraq oil exports up by 7% in February
Iraq's crude oil exports has gone up by 7% in February, from 1.93 million barrels per day in... Read full article »
