Exterran expands in Dubai Airport Free Zone

Houston-based Exterran, oil and gas equipment and services company has said it is expanding its its presence at the Dubai Airport Freezone, in anticipation of growth in the Mideast region. The company has expanded its offices now occupying 1,350sqm. of office space for its engineering team. Exterran now has 3,300 employees working in its Hamriya […]

Stock Trkr
Exterran expands in Dubai Airport Free Zone

Houston-based Exterran, oil and gas equipment and services company has said it is expanding its its presence at the Dubai Airport Freezone, in anticipation of growth in the Mideast region. The company has expanded its offices now occupying 1,350sqm. of office space for its engineering team. Exterran now has 3,300 employees working in its Hamriya […]

Stock Trkr
Exterran expands in Dubai Airport Free Zone

Houston-based Exterran, oil and gas equipment and services company has said it is expanding its its presence at the Dubai Airport Freezone, in anticipation of growth in the Mideast region. The company has expanded its offices now occupying 1,350sqm. of office space for its engineering team. Exterran now has 3,300 employees working in its Hamriya […]

Stock Trkr
Exterran expands in Dubai Airport Free Zone

Houston-based Exterran, oil and gas equipment and services company has said it is expanding its its presence at the Dubai Airport Freezone, in anticipation of growth in the Mideast region. The company has expanded its offices now occupying 1,350sqm. of office space for its engineering team. Exterran now has 3,300 employees working in its Hamriya […]

Stock Trkr
Iraq may miss Shell deadline

Iraq’s oil ministry spokesman has said that Iraq could miss a one-year deadline to strike a deal with Royal Dutch Shell for a $4bn gas production deal in southern Iraq, Gulf Daily News has reported. Negotiations between Iraq and the Anglo-Dutch firm ‘can be extended,’ nearly a year after Shell formally signed a gas joint […]

Stock Trkr
Iraq may miss Shell deadline

Iraq’s oil ministry spokesman has said that Iraq could miss a one-year deadline to strike a deal with Royal Dutch Shell for a $4bn gas production deal in southern Iraq, Gulf Daily News has reported. Negotiations between Iraq and the Anglo-Dutch firm ‘can be extended,’ nearly a year after Shell formally signed a gas joint […]

Stock Trkr
Iraq may miss Shell deadline

Iraq’s oil ministry spokesman has said that Iraq could miss a one-year deadline to strike a deal with Royal Dutch Shell for a $4bn gas production deal in southern Iraq, Gulf Daily News has reported. Negotiations between Iraq and the Anglo-Dutch firm ‘can be extended,’ nearly a year after Shell formally signed a gas joint […]

Stock Trkr
Iraq may miss Shell deadline

Iraq’s oil ministry spokesman has said that Iraq could miss a one-year deadline to strike a deal with Royal Dutch Shell for a $4bn gas production deal in southern Iraq, Gulf Daily News has reported. Negotiations between Iraq and the Anglo-Dutch firm ‘can be extended,’ nearly a year after Shell formally signed a gas joint […]

Stock Trkr
Kuwait Energy to get $50m World Bank loan

Kuwait Energy Company (KEC) will get a $50m loan from the International Finance Corporation (IFC), the World Bank’s private sector lender to help the company support the company’s recent oil discoveries in Egypt and conduct more exploration in Yemen, Reuters has reported. The financing package includes a $35m reserve-based facility and a $15m income participation […]

Stock Trkr
Kuwait Energy to get $50m World Bank loan

Kuwait Energy Company (KEC) will get a $50m loan from the International Finance Corporation (IFC), the World Bank’s private sector lender to help the company support the company’s recent oil discoveries in Egypt and conduct more exploration in Yemen, Reuters has reported. The financing package includes a $35m reserve-based facility and a $15m income participation […]

Stock Trkr
Kuwait Energy to get $50m World Bank loan

Kuwait Energy Company (KEC) will get a $50m loan from the International Finance Corporation (IFC), the World Bank’s private sector lender to help the company support the company’s recent oil discoveries in Egypt and conduct more exploration in Yemen, Reuters has reported. The financing package includes a $35m reserve-based facility and a $15m income participation […]

Stock Trkr
Kuwait Energy to get $50m World Bank loan

Kuwait Energy Company (KEC) will get a $50m loan from the International Finance Corporation (IFC), the World Bank’s private sector lender to help the company support the company’s recent oil discoveries in Egypt and conduct more exploration in Yemen, Reuters has reported. The financing package includes a $35m reserve-based facility and a $15m income participation […]

Stock Trkr
UAE August output unchanged

According to data from International Energy Agency, the UAE’s oil output in August was unchanged from the previous month at 2.27 million barrels per day (bpd), Gulf News has reported. The country had attained 100% of its output target in July, the agency said. In 2008 the UAE’s average output was 2.59 million bpd. Related […]

Stock Trkr
UAE August output unchanged

According to data from International Energy Agency, the UAE’s oil output in August was unchanged from the previous month at 2.27 million barrels per day (bpd), Gulf News has reported. The country had attained 100% of its output target in July, the agency said. In 2008 the UAE’s average output was 2.59 million bpd. Related […]

Stock Trkr
UAE August output unchanged

According to data from International Energy Agency, the UAE’s oil output in August was unchanged from the previous month at 2.27 million barrels per day (bpd), Gulf News has reported. The country had attained 100% of its output target in July, the agency said. In 2008 the UAE’s average output was 2.59 million bpd. Related […]

Stock Trkr
UAE August output unchanged

According to data from International Energy Agency, the UAE’s oil output in August was unchanged from the previous month at 2.27 million barrels per day (bpd), Gulf News has reported. The country had attained 100% of its output target in July, the agency said. In 2008 the UAE’s average output was 2.59 million bpd. Related […]

Stock Trkr
Iran, Venezuela tie up to build refinery in Syria

Iran’s Oil Ministry has said that an Iran-Venezuela joint oil firm, VENIROGC, plans to build a refinery in Syria as its first international venture, Reuters has reported. Iran would hold a 26% stake in the project while its Latin American ally would take 33%. ‘The balance will be shared by Malaysia and Syria on a […]

Stock Trkr
Iran, Venezuela tie up to build refinery in Syria

Iran’s Oil Ministry has said that an Iran-Venezuela joint oil firm, VENIROGC, plans to build a refinery in Syria as its first international venture, Reuters has reported. Iran would hold a 26% stake in the project while its Latin American ally would take 33%. ‘The balance will be shared by Malaysia and Syria on a […]

Stock Trkr
Iran, Venezuela tie up to build refinery in Syria

Iran’s Oil Ministry has said that an Iran-Venezuela joint oil firm, VENIROGC, plans to build a refinery in Syria as its first international venture, Reuters has reported. Iran would hold a 26% stake in the project while its Latin American ally would take 33%. ‘The balance will be shared by Malaysia and Syria on a […]

Stock Trkr
Iran, Venezuela tie up to build refinery in Syria

Iran’s Oil Ministry has said that an Iran-Venezuela joint oil firm, VENIROGC, plans to build a refinery in Syria as its first international venture, Reuters has reported. Iran would hold a 26% stake in the project while its Latin American ally would take 33%. ‘The balance will be shared by Malaysia and Syria on a […]

Stock Trkr
Kuwait wins offshore exploration licence in Vietnam

Vietnam state oil monopoly, Petrovietnam, plans to award Kuwait Petroleum a licence to explore for oil and gas off the country’s coast, Reuters has reported. The oil company had proposed that the government award the offshore block 51 to KPC under a production-sharing contract. KPC already has two licences for two nearby blocks 19 and […]

Stock Trkr
Kuwait wins offshore exploration licence in Vietnam

Vietnam state oil monopoly, Petrovietnam, plans to award Kuwait Petroleum a licence to explore for oil and gas off the country’s coast, Reuters has reported. The oil company had proposed that the government award the offshore block 51 to KPC under a production-sharing contract. KPC already has two licences for two nearby blocks 19 and […]

Stock Trkr
Kuwait wins offshore exploration licence in Vietnam

Vietnam state oil monopoly, Petrovietnam, plans to award Kuwait Petroleum a licence to explore for oil and gas off the country’s coast, Reuters has reported. The oil company had proposed that the government award the offshore block 51 to KPC under a production-sharing contract. KPC already has two licences for two nearby blocks 19 and […]

Stock Trkr
Kuwait wins offshore exploration licence in Vietnam

Vietnam state oil monopoly, Petrovietnam, plans to award Kuwait Petroleum a licence to explore for oil and gas off the country’s coast, Reuters has reported. The oil company had proposed that the government award the offshore block 51 to KPC under a production-sharing contract. KPC already has two licences for two nearby blocks 19 and […]

Stock Trkr
Iraq to hold workshop for second oil licensing round

Iraq’s Petroleum Licensing Directorate has announced next October 18 and 19 as the dates for holding a workshop on its second oil licensing round in Istanbul, Turkey, Bloomberg has reported. Potential bidders will be briefed by government officials on field characteristics and contract terms for fields in the ten areas being tendered for development, the […]

Stock Trkr
Iraq to hold workshop for second oil licensing round

Iraq’s Petroleum Licensing Directorate has announced next October 18 and 19 as the dates for holding a workshop on its second oil licensing round in Istanbul, Turkey, Bloomberg has reported. Potential bidders will be briefed by government officials on field characteristics and contract terms for fields in the ten areas being tendered for development, the […]

Stock Trkr
Iraq to hold workshop for second oil licensing round

Iraq’s Petroleum Licensing Directorate has announced next October 18 and 19 as the dates for holding a workshop on its second oil licensing round in Istanbul, Turkey, Bloomberg has reported. Potential bidders will be briefed by government officials on field characteristics and contract terms for fields in the ten areas being tendered for development, the […]

Stock Trkr
Iraq to hold workshop for second oil licensing round

Iraq’s Petroleum Licensing Directorate has announced next October 18 and 19 as the dates for holding a workshop on its second oil licensing round in Istanbul, Turkey, Bloomberg has reported. Potential bidders will be briefed by government officials on field characteristics and contract terms for fields in the ten areas being tendered for development, the […]

Stock Trkr
Some oil fields likely to remain idle, says Saudi Aramco

Saudi Aramco CEO Khalid al-Falih has said there is little chance of pumping crude from idle fields next year as recovery in world demand is yet to begin, Bloomberg has reported. “We have the excess capacity in case it’s needed but we also have the ability to sustain ourselves with production levels similar to what […]

Stock Trkr
Some oil fields likely to remain idle, says Saudi Aramco

Saudi Aramco CEO Khalid al-Falih has said there is little chance of pumping crude from idle fields next year as recovery in world demand is yet to begin, Bloomberg has reported. “We have the excess capacity in case it’s needed but we also have the ability to sustain ourselves with production levels similar to what […]

Stock Trkr