Aramco eyes Brazil’s ‘pre-salt’ oil

Dilma Rousseff, chief-of-staff to Brazilian President Luiz Inacio Lula da Silva has said that Saudi Aramco, along with other international oil companies, has expressed interest in helping his country develop its so-called pre-salt oil reserves, the Wall Street Journal has reported. According to government estimates, Brazil’s chief discovery of pre-salt oil contains at least 5 […]

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Aramco eyes Brazil’s ‘pre-salt’ oil

Dilma Rousseff, chief-of-staff to Brazilian President Luiz Inacio Lula da Silva has said that Saudi Aramco, along with other international oil companies, has expressed interest in helping his country develop its so-called pre-salt oil reserves, the Wall Street Journal has reported. According to government estimates, Brazil’s chief discovery of pre-salt oil contains at least 5 […]

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Laffan refinery in Qatar begins production

QatarGas has said it has begun production from the Laffan Refinery, the first condensate refinery in Qatar. The refinery’s production reached commercial quantities and specifications on 23 September for all products, the firm said. Laffan Refinery has a total processing capacity of 146,000 barrels per stream day, made up of 61,000 bpsd of naphtha, 52,000 […]

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Laffan refinery in Qatar begins production

QatarGas has said it has begun production from the Laffan Refinery, the first condensate refinery in Qatar. The refinery’s production reached commercial quantities and specifications on 23 September for all products, the firm said. Laffan Refinery has a total processing capacity of 146,000 barrels per stream day, made up of 61,000 bpsd of naphtha, 52,000 […]

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Laffan refinery in Qatar begins production

QatarGas has said it has begun production from the Laffan Refinery, the first condensate refinery in Qatar. The refinery’s production reached commercial quantities and specifications on 23 September for all products, the firm said. Laffan Refinery has a total processing capacity of 146,000 barrels per stream day, made up of 61,000 bpsd of naphtha, 52,000 […]

Stock Trkr
Laffan refinery in Qatar begins production

QatarGas has said it has begun production from the Laffan Refinery, the first condensate refinery in Qatar. The refinery’s production reached commercial quantities and specifications on 23 September for all products, the firm said. Laffan Refinery has a total processing capacity of 146,000 barrels per stream day, made up of 61,000 bpsd of naphtha, 52,000 […]

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Saudi Arabia sees no change in OPEC output

Ali al-Naimi, Saudi Arabia’s Oil Minister, has told the Nightly Business Report on US PBS television that $75 a barrel is a fair price for oil and that there was no need for OPEC to change production ahead of its next meeting in December, Reuters has reported. Producers need an oil price that would allow […]

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Saudi Arabia sees no change in OPEC output

Ali al-Naimi, Saudi Arabia’s Oil Minister, has told the Nightly Business Report on US PBS television that $75 a barrel is a fair price for oil and that there was no need for OPEC to change production ahead of its next meeting in December, Reuters has reported. Producers need an oil price that would allow […]

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Saudi Arabia sees no change in OPEC output

Ali al-Naimi, Saudi Arabia’s Oil Minister, has told the Nightly Business Report on US PBS television that $75 a barrel is a fair price for oil and that there was no need for OPEC to change production ahead of its next meeting in December, Reuters has reported. Producers need an oil price that would allow […]

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Saudi Arabia sees no change in OPEC output

Ali al-Naimi, Saudi Arabia’s Oil Minister, has told the Nightly Business Report on US PBS television that $75 a barrel is a fair price for oil and that there was no need for OPEC to change production ahead of its next meeting in December, Reuters has reported. Producers need an oil price that would allow […]

Stock Trkr
ADNOC naphtha talks due; lower prices predicted

Abu Dhabi National Oil (ADNOC) will hold term talks next month for naphtha lifting in January-December 2010, Reuters has reported, but it is not expected to get as much for the oil as in the previous contract, due to weakened sentiment. The state-owned refiner is expected to get high single-digit premiums for the 12-month supplies, […]

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ADNOC naphtha talks due; lower prices predicted

Abu Dhabi National Oil (ADNOC) will hold term talks next month for naphtha lifting in January-December 2010, Reuters has reported, but it is not expected to get as much for the oil as in the previous contract, due to weakened sentiment. The state-owned refiner is expected to get high single-digit premiums for the 12-month supplies, […]

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ADNOC naphtha talks due; lower prices predicted

Abu Dhabi National Oil (ADNOC) will hold term talks next month for naphtha lifting in January-December 2010, Reuters has reported, but it is not expected to get as much for the oil as in the previous contract, due to weakened sentiment. The state-owned refiner is expected to get high single-digit premiums for the 12-month supplies, […]

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ADNOC naphtha talks due; lower prices predicted

Abu Dhabi National Oil (ADNOC) will hold term talks next month for naphtha lifting in January-December 2010, Reuters has reported, but it is not expected to get as much for the oil as in the previous contract, due to weakened sentiment. The state-owned refiner is expected to get high single-digit premiums for the 12-month supplies, […]

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Kuwait National Petroleum asks for refinery bids

Kuwait National Petroleum Company (KNPC) has asked seven international contractors to bid for the $700m engineering, procurement and construction contract at its Mina al-Ahmadi refinery by December 13, Meed magazine has reported. The 460,000 bpd refinery is the country’s largest oil refinery with three crude processing units. Related Posts:Coming Soon: Trading Risk Seminar in Kuwait […]

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Kuwait National Petroleum asks for refinery bids

Kuwait National Petroleum Company (KNPC) has asked seven international contractors to bid for the $700m engineering, procurement and construction contract at its Mina al-Ahmadi refinery by December 13, Meed magazine has reported. The 460,000 bpd refinery is the country’s largest oil refinery with three crude processing units. Related Posts:Coming Soon: Trading Risk Seminar in Kuwait […]

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Kuwait National Petroleum asks for refinery bids

Kuwait National Petroleum Company (KNPC) has asked seven international contractors to bid for the $700m engineering, procurement and construction contract at its Mina al-Ahmadi refinery by December 13, Meed magazine has reported. The 460,000 bpd refinery is the country’s largest oil refinery with three crude processing units. Related Posts:Coming Soon: Trading Risk Seminar in Kuwait […]

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Kuwait National Petroleum asks for refinery bids

Kuwait National Petroleum Company (KNPC) has asked seven international contractors to bid for the $700m engineering, procurement and construction contract at its Mina al-Ahmadi refinery by December 13, Meed magazine has reported. The 460,000 bpd refinery is the country’s largest oil refinery with three crude processing units. Related Posts:Coming Soon: Trading Risk Seminar in Kuwait […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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