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IEA: UAE December output hits 2.28m bpd
According to the latest estimates by the International Energy Agency (IEA), the UAE's crude oil... Read full article »
Austria's OMV eyes gas projects in UAE
Klaus Angerer, director of business development in the Middle East at Austrian oil firm OMV, has... Read full article »
Egypt exploration deals signed
Two agreements have been signed between state-owned Egyptian General Petroleum Corporation and... Read full article »
Saudi Arabia may boost March oil prices in Asia
Saudi Arabian Oil Co may raise its March official prices for crude sold to Asia as fuel demand... Read full article »
Syria's oil output to rise in '10
Syria's minister of petroleum and mineral resources has said the country's oil output in 2010 is... Read full article »
Russian firm inks deal on Iraq oil field
Iraq has signed an agreement with Russian energy giant Lukoil and Norway's StatoilHydro to... Read full article »
Saudi Aramco to spend $120bn on projects
Saudi Aramco plans to invest around $120bn over the next 5-6 years in developing projects in the... Read full article »
Weekly WTI oil price update: Energy prices fall despite GDP growth
Crude oil futures slipped below $73 a barrel for West Texas Intermediate late Friday as a... Read full article »
Iraq to ink final West al Qarna contract
The Iraqi oil ministry will today sign the final contract over West al-Qarna-2 oilfield with... Read full article »
Iraq 'to become top oil exporter'
Iraq's oil minister has said he expects the country to become the world's top oil producer within... Read full article »
Yanbu bid deadline extended
The bidding deadline for a solids handling unit at the Yanbu refinery has been extended by Saudi... Read full article »
Iraq's Rumaila field production to go up 100,000bpd
Falah Alamri, head of Iraq's State Oil Marketing Organisation has said the supergiant Rumaila... Read full article »
Saudi Aramco, Total secure $6bn loan, bankers said
Saudi Aramco and French oil giant, Total have secured $6bn in bank loans to finance the... Read full article »
Kuwait in unofficial Dow penalty payment talks
Kuwait is in "friendly" unofficial talks with Dow Chemical Co. to avoid paying a $2.5bn penalty... Read full article »
Fujairah Refinery opens new storage plants
New fuel storage and refining facilities have been inaugurated in the emirate of Fujairah, UAE,... Read full article »
