Kuwait refinery project may be relaunched

Sheikh Ahmad al-Fahad al-Sabah, Kuwait’s deputy prime minister for economic affairs, has said that plans for the country’s fourth oil refinery may be re-launched, after cancelling a tender to build it earlier this year following parliamentary opposition, Reuters has reported. The project could be realized after legal and regulatory reviews, he added. Related Posts:Coming Soon: […]

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Kuwait refinery project may be relaunched

Sheikh Ahmad al-Fahad al-Sabah, Kuwait’s deputy prime minister for economic affairs, has said that plans for the country’s fourth oil refinery may be re-launched, after cancelling a tender to build it earlier this year following parliamentary opposition, Reuters has reported. The project could be realized after legal and regulatory reviews, he added. Related Posts:Coming Soon: […]

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Oil prices rise above $79

Oil prices climbed above $79 a barrel to a 2009 high on Monday in Asia, reported AP. Benchmark crude for November delivery rose as much as 52 cents to $79.05 a barrel but later fell back and was up 24 cents at $78.77 by midday Singapore time in electronic trading on the New York Mercantile […]

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Oil prices rise above $79

Oil prices climbed above $79 a barrel to a 2009 high on Monday in Asia, reported AP. Benchmark crude for November delivery rose as much as 52 cents to $79.05 a barrel but later fell back and was up 24 cents at $78.77 by midday Singapore time in electronic trading on the New York Mercantile […]

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Oil prices rise above $79

Oil prices climbed above $79 a barrel to a 2009 high on Monday in Asia, reported AP. Benchmark crude for November delivery rose as much as 52 cents to $79.05 a barrel but later fell back and was up 24 cents at $78.77 by midday Singapore time in electronic trading on the New York Mercantile […]

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Oil prices rise above $79

Oil prices climbed above $79 a barrel to a 2009 high on Monday in Asia, reported AP. Benchmark crude for November delivery rose as much as 52 cents to $79.05 a barrel but later fell back and was up 24 cents at $78.77 by midday Singapore time in electronic trading on the New York Mercantile […]

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Iraq to launch second auction for contracts

Abdul-Mahdy al-Ameedi, deputy director of Iraq’s Petroleum and Licensing Directorate, has announced that Iraq will hold a second auction of contracts to develop some its prized oilfields on December 11-12, Reuters has reported. Contract terms for the second round would be similar to those in the first, he said. Iraq had lowered taxes on fields […]

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Iraq to launch second auction for contracts

Abdul-Mahdy al-Ameedi, deputy director of Iraq’s Petroleum and Licensing Directorate, has announced that Iraq will hold a second auction of contracts to develop some its prized oilfields on December 11-12, Reuters has reported. Contract terms for the second round would be similar to those in the first, he said. Iraq had lowered taxes on fields […]

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Iraq to launch second auction for contracts

Abdul-Mahdy al-Ameedi, deputy director of Iraq’s Petroleum and Licensing Directorate, has announced that Iraq will hold a second auction of contracts to develop some its prized oilfields on December 11-12, Reuters has reported. Contract terms for the second round would be similar to those in the first, he said. Iraq had lowered taxes on fields […]

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Iraq to launch second auction for contracts

Abdul-Mahdy al-Ameedi, deputy director of Iraq’s Petroleum and Licensing Directorate, has announced that Iraq will hold a second auction of contracts to develop some its prized oilfields on December 11-12, Reuters has reported. Contract terms for the second round would be similar to those in the first, he said. Iraq had lowered taxes on fields […]

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Shell cuts gas flaring in Iraq

Royal Dutch Shell has said it has reduced gas flaring at oil fields in southern Iraq by 15-20%, Reuters has reported. ‘We’ve already stopped more than 100 million square cubic feet per day of flaring,’ Mounir Bouaziz, VP of Shell gas and power, told the news service. Related Posts:XM Supporting Orphans and Homeless in Iraq […]

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Shell cuts gas flaring in Iraq

Royal Dutch Shell has said it has reduced gas flaring at oil fields in southern Iraq by 15-20%, Reuters has reported. ‘We’ve already stopped more than 100 million square cubic feet per day of flaring,’ Mounir Bouaziz, VP of Shell gas and power, told the news service. Related Posts:XM Supporting Orphans and Homeless in Iraq […]

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Shell cuts gas flaring in Iraq

Royal Dutch Shell has said it has reduced gas flaring at oil fields in southern Iraq by 15-20%, Reuters has reported. ‘We’ve already stopped more than 100 million square cubic feet per day of flaring,’ Mounir Bouaziz, VP of Shell gas and power, told the news service. Related Posts:XM Supporting Orphans and Homeless in Iraq […]

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Shell cuts gas flaring in Iraq

Royal Dutch Shell has said it has reduced gas flaring at oil fields in southern Iraq by 15-20%, Reuters has reported. ‘We’ve already stopped more than 100 million square cubic feet per day of flaring,’ Mounir Bouaziz, VP of Shell gas and power, told the news service. Related Posts:XM Supporting Orphans and Homeless in Iraq […]

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Taqa CEO steps down

Peter Barker-Homek, the outgoing chief executive of Abu Dhabi National Energy Co (Taqa) has said that he decided to step down after his vision for the state-backed oil producer diverged from that of its board, Reuters has reported. ‘We discussed the future direction of the firm, my future direction I’d like to take it and […]

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Taqa CEO steps down

Peter Barker-Homek, the outgoing chief executive of Abu Dhabi National Energy Co (Taqa) has said that he decided to step down after his vision for the state-backed oil producer diverged from that of its board, Reuters has reported. ‘We discussed the future direction of the firm, my future direction I’d like to take it and […]

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Taqa CEO steps down

Peter Barker-Homek, the outgoing chief executive of Abu Dhabi National Energy Co (Taqa) has said that he decided to step down after his vision for the state-backed oil producer diverged from that of its board, Reuters has reported. ‘We discussed the future direction of the firm, my future direction I’d like to take it and […]

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Taqa CEO steps down

Peter Barker-Homek, the outgoing chief executive of Abu Dhabi National Energy Co (Taqa) has said that he decided to step down after his vision for the state-backed oil producer diverged from that of its board, Reuters has reported. ‘We discussed the future direction of the firm, my future direction I’d like to take it and […]

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Opec Iraq targets ‘years away’

Opec secretary general Abdullah al-Badri has said that the group is unlikely to confer an oil output target on Iraq for several years, to allow its industry to recover from decades of sanctions, war and neglect, Reuters has reported. Iraq, which desperately needs investment to boost output and repair infrastructure, is exempt from the group’s […]

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Opec Iraq targets ‘years away’

Opec secretary general Abdullah al-Badri has said that the group is unlikely to confer an oil output target on Iraq for several years, to allow its industry to recover from decades of sanctions, war and neglect, Reuters has reported. Iraq, which desperately needs investment to boost output and repair infrastructure, is exempt from the group’s […]

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Opec Iraq targets ‘years away’

Opec secretary general Abdullah al-Badri has said that the group is unlikely to confer an oil output target on Iraq for several years, to allow its industry to recover from decades of sanctions, war and neglect, Reuters has reported. Iraq, which desperately needs investment to boost output and repair infrastructure, is exempt from the group’s […]

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Opec Iraq targets ‘years away’

Opec secretary general Abdullah al-Badri has said that the group is unlikely to confer an oil output target on Iraq for several years, to allow its industry to recover from decades of sanctions, war and neglect, Reuters has reported. Iraq, which desperately needs investment to boost output and repair infrastructure, is exempt from the group’s […]

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BP Rumaila deal approved

Iraq’s cabinet has approved a contract with British Petroleum (BP) and China’s CNPC to develop the super-giant Rumaila field, Reuters has reported. The contract is the first major new oilfield deal signed since the 2003 US invasion. BP and CNPC were the only successful bidders in the first round at the end of June. Rumaila […]

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BP Rumaila deal approved

Iraq’s cabinet has approved a contract with British Petroleum (BP) and China’s CNPC to develop the super-giant Rumaila field, Reuters has reported. The contract is the first major new oilfield deal signed since the 2003 US invasion. BP and CNPC were the only successful bidders in the first round at the end of June. Rumaila […]

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BP Rumaila deal approved

Iraq’s cabinet has approved a contract with British Petroleum (BP) and China’s CNPC to develop the super-giant Rumaila field, Reuters has reported. The contract is the first major new oilfield deal signed since the 2003 US invasion. BP and CNPC were the only successful bidders in the first round at the end of June. Rumaila […]

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BP Rumaila deal approved

Iraq’s cabinet has approved a contract with British Petroleum (BP) and China’s CNPC to develop the super-giant Rumaila field, Reuters has reported. The contract is the first major new oilfield deal signed since the 2003 US invasion. BP and CNPC were the only successful bidders in the first round at the end of June. Rumaila […]

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Yemen begins LNG production

Yemen has begun the production of liquified natural gas (LNG) at its liquefaction plant October 15, 2009, Reuters has reported. The plant started production with the first train with total production capacity reaching 6.7 millions tons of LNG per year (Mt/y). Yemen LNG has several shareholders including Total with 39.62% interest, state-owned company Yemen Gas […]

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Yemen begins LNG production

Yemen has begun the production of liquified natural gas (LNG) at its liquefaction plant October 15, 2009, Reuters has reported. The plant started production with the first train with total production capacity reaching 6.7 millions tons of LNG per year (Mt/y). Yemen LNG has several shareholders including Total with 39.62% interest, state-owned company Yemen Gas […]

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Yemen begins LNG production

Yemen has begun the production of liquified natural gas (LNG) at its liquefaction plant October 15, 2009, Reuters has reported. The plant started production with the first train with total production capacity reaching 6.7 millions tons of LNG per year (Mt/y). Yemen LNG has several shareholders including Total with 39.62% interest, state-owned company Yemen Gas […]

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Yemen begins LNG production

Yemen has begun the production of liquified natural gas (LNG) at its liquefaction plant October 15, 2009, Reuters has reported. The plant started production with the first train with total production capacity reaching 6.7 millions tons of LNG per year (Mt/y). Yemen LNG has several shareholders including Total with 39.62% interest, state-owned company Yemen Gas […]

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