Saudi Arabia Oil & Gas News

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MIDEAST STOCKS-Most Oman banks fall on Dubai World exposure 6 Dec 2009 10:16 GMT
... 0901 GMT - Oman's index <.MSI> ends lower ... traders are being lured by the low prices and a possible rebound." Emirates NBD ... their intraday lows." The likes of Dana Gas , Aramex RMX.DU> and Air Arabia IRA.DU> were ...
Oil prices 'perfect,' Saudi minister says 6 Dec 2009 09:51 GMT
... The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ... cuts. "The price is perfect," said Saudi Oil Minister Ali Naimi, whose country sits atop the ...
Dubai crisis hits Saudi stocks 6 Dec 2009 09:48 GMT
... RIYADH: Dubai's debt troubles hit the Saudi stock market on its first trading day ... family name. Saudi analysts said that the oil giant's economy had a strong footing and little ... the previous month due to rising oil prices. "Our government is stable and our economy ...
Saudi minister says oil prices 'perfect' 6 Dec 2009 09:48 GMT
... CAIRO: Saudi Arabia's oil minister said current global oil prices are "perfect," ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world's crude, has held its quotas unchanged since last ...
MIDEAST STOCKS-Dubai gives up early gainsto extend losses 6 Dec 2009 09:21 GMT
... 0828 GMT - Bluechips make minor gains to ... traders are being lured by the low prices and a possible rebound." Emirates NBD ... their intraday lows." The likes of Dana Gas , Aramex RMX.DU> and Air Arabia IRA.DU> were ...
Saudi Arabia: Oil prices in 'right range' 6 Dec 2009 07:59 GMT
... Sunday, December 06 - 2009 at 10:44 UAE local time (GMT+4) Replication or redistribution in ...
OPEC unlikely to alter crude oil output levels 6 Dec 2009 07:54 GMT
... Associated Press CAIRO — Saudi Arabia’s oil minister said Saturday that current global oil prices ... later this month. The Organization of the Petroleum Exporting Countries, which supplies roughly 35 percent ... supplies roughly 35 percent of the world’s crude, has held its quotas unchanged since last ...
Saudi oil minister sees no change at OPEC meet - report 6 Dec 2009 07:52 GMT
... Saudi Arabia's Oil Minister Ali al-Naimi attends the opening of the ... opening of the Ministerial Conference of the... OPEC will not change its production target when ... no need for the Organization of the Petroleum Exporting Countries to change its output targets ...
Oapec members agree to maintain quotas 6 Dec 2009 06:59 GMT
... support for maintaining production quotas, saying the oil price is satisfactory and the market is stable. ... the market is stable. Ministers of Arab Petroleum Exporting Countries (Oapec) attending a meeting in ... jumped above $80 a barrel before easing. Crude prices tumbled on Friday in volatile trade, ...
Investors shrug off Dubai crisis 6 Dec 2009 06:18 GMT
... that the Saudi economy, heavily anchored by oil exports, remains sound. 'We trust our government. The ... the previous month because of rising oil prices. ...
Saudi Arabia hails perfect oil price 6 Dec 2009 06:18 GMT
... Saudi Arabia says oil prices are 'perfect' and the global market is ... ministerial meeting of the Organisation of Arab Petroleum Exporting Countries (OAPEC). Kuwaiti Oil Minister Sheikh ... October, prices jumped above $US80 before easing. Crude prices tumbled on Friday in volatile trade, ...
Mideast stocks - Factors to watch - Dec 6 6 Dec 2009 06:16 GMT
... has not verified the press reports and does not vouch for their accuracy. * Saudi hails "perfect" price at Arab oil meeting [OPEC-O] * Dubai debt crisis can be contained, manageable, World Bank says [IMF-M-AE] * Fitch: ...
Saudi oil minister sees no change at OPEC meet 6 Dec 2009 06:10 GMT
... ...
LUANDA 22 Dec 2009 Angola hosts 155th OPEC meeting 6 Dec 2009 05:18 GMT
... LUANDA 22 Dec 2009 Angola hosts 155th OPEC meeting A decline in the dollar is ... to offset weakness in the price of oil. Kuwait's oil minister, Sheikh Ahmad al-Sabah, told Bloomberg ... Bloomberg in October that the Organization of Petroleum Exporting Countries is likely to maintain oil ...
J/Brice Design Expands in Middle East 6 Dec 2009 04:37 GMT
... residential compound, or with 120 villas in oil-rich Al Khobar. The villa development targets wealthy ... invited me to meet in Qatar to explore ideas," said Ornstein adding, "I had visited ... huge since the recent discovery of natural gas reserves made it the richest per-capita country in ...
IRAQ: A LAND OF RISK AND REWARD 6 Dec 2009 04:35 GMT
... investors assembling here speak a common language: oil. Kurdistan sits on plenty of it, and ... 10 unexplored but highly prospective oil and gas fields, including some near Kirkuk, following a similar ... Exxon, Royal Dutch Shell PLC, China National Petroleum Corp. and Italy's Eni SpA have either ...
Kurdistan: A lot of oil, a lot of risk 6 Dec 2009 04:35 GMT
... Kurdistan: A lot of oil, a lot of risk The future of ... 10 unexplored but highly prospective oil and gas fields, including some near Kirkuk, following a similar ... Exxon, Royal Dutch Shell PLC, China National Petroleum Corp. and Italy's Eni SpA have either ...
Midland-Based BJB Company Earns Texas Mutual Safety Award 6 Dec 2009 04:34 GMT
... Earns Texas Mutual Safety Award BJB Company, a Midland-based business that constructs and maintains oil and gas pipelines, is one of 63 employers across the state that earned Texas Mutual Insurance Company's ...
Dubai debt woes may cut CO2 but much more needed 6 Dec 2009 03:54 GMT
... 2008. wants developed countries to reduce greenhouse gas production at least 25 percent below 1990 ... its rulers' environmental concerns, the UAE sold oil worth more than 100 billion dollars last ... this confirms the commitment of a fossil fuel exporter to the enhancement of renewable energy. ...
Arab OPEC members agree to maintain production 6 Dec 2009 03:52 GMT
... CAIRO: OPEC heavyweights led by kingpin Saudi Arabia on ... support for maintaining production quotas, saying the oil price is satisfactory and the market is stable. ... above 80 dollars a barrel before easing. Crude prices tumbled Friday in volatile trade, succumbing to ...
Int'l oil investment shrinks 20% amid financial crisis: OAPEC 6 Dec 2009 03:10 GMT
... Oil ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC) said Saturday that international ... especially in the area of research and exploration," said Egyptian Minister of Petroleum Sameh Fahmi. ...
E-mail leak will impact UN climate summit' 6 Dec 2009 00:51 GMT
... summit � to agree limitations in greenhouse gas emissions. �It appears from the details of the ... BBC News. Saudi Arabia, the world�s largest oil exporter, has long been reluctant to agree to ...
Kingdom's GDP set to rise by 3% in 2010 6 Dec 2009 00:33 GMT
... well as indirect fiscal stimulus to the non-oil sector. In a special report assessing implications of ... as regional and international news, especially regarding crude oil prices, all have important effects on the ... expect the TASI indicator to continue to explore higher ground, however it would be important ...
Work on JEC projects gathers steam 6 Dec 2009 00:33 GMT
... with plans in hand for a privately-owned oil refinery, a steel cluster, an iron ore trading ... requirements of Jazan refinery project�s imports of crude oil, he added. Zaidan said the JEC developers ...
Dubai's cowboys must give way to grownups 6 Dec 2009 00:16 GMT
... companies likewise raised few red flags. With oil prices booming, and Dubai�s marketing superb, the outlook ... profits of Saudi Basic Industries Corp., the petrochemical giant, are not shared with the king ...

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Oil & Gas Prices News

Oil prices 'perfect,' Saudi minister says [06 Dec 2009 - 10:29]
Saudi minister says oil prices 'perfect' [06 Dec 2009 - 10:29]
Saudi Arabia: Oil prices in 'right range' [06 Dec 2009 - 08:40]
Saudi Arabia hails perfect oil price [06 Dec 2009 - 06:55]
Gas prices, Dec. 6 [06 Dec 2009 - 06:16]

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Oil & Gas Companies News

McDowell has share of Chevron lead [06 Dec 2009 - 10:30]
In lieu of Tiger; McDowell, Yang lead at Chevron [06 Dec 2009 - 10:29]
McDowell shares Chevron lead [06 Dec 2009 - 10:13]
ExxonMobil Demonstrates Industry Expertise at 2009 International Petroleum Technology Conference [06 Dec 2009 - 09:53]
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Oil & Gas Trade News

Iran denies oil export halt if sanctions continue [06 Dec 2009 - 09:53]
Oil imports payment: SBP transfers 100 percent foreign exchange burden to banks [06 Dec 2009 - 00:11]
Canada says China to increase canola oil imports [05 Dec 2009 - 16:27]
Azerbaijan's oil exports via Russian pipeline up 110% in Nov. [05 Dec 2009 - 12:51]
India-UAE 2-way non-oil trade rises 53.4% in 2008-09 [05 Dec 2009 - 09:54]

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Oil & Gas Production News

OPEC unlikely to alter crude oil output levels [06 Dec 2009 - 08:40]
Saudi oil minister sees no change at OPEC meet - report [06 Dec 2009 - 08:39]
OPEC will not change production target - Saudi minister [06 Dec 2009 - 07:56]
Saudi oil minister sees no change at OPEC meet [06 Dec 2009 - 06:54]
Arab OPEC members agree to maintain production [06 Dec 2009 - 04:28]

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Oil & Gas Reserves News

Total dimissed from Iran gas field expansion [05 Dec 2009 - 23:29]
Lucas Oil Chili Bowl 2010 Kruseman and Bondio to Field Separate Entries [05 Dec 2009 - 19:12]
Iran dismisses Total from gas field bidding [05 Dec 2009 - 11:51]
Plano firm closes deal on oil field [05 Dec 2009 - 06:55]
Chevron and Tokyo Electric Sign Heads of Agreement for Wheatstone LNG Agreement Also Provides Utility a Stake in Gas Fields, Processing Plant in Northwestern Australia [05 Dec 2009 - 05:51]

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Oil & Gas Transportation News

Poroshenko: Ukraine ready to consider any options to expand existing gas transportation system [06 Dec 2009 - 05:11]
Task force to hasten gas pipeline projects [05 Dec 2009 - 18:12]
Proposed $4.5B oil pipeline would link oilsands to B.C. coast [05 Dec 2009 - 16:27]
Azerbaijan's oil exports via Russian pipeline up 110% in Nov. [05 Dec 2009 - 12:51]
Bulgaria ready to participate in both South Stream and Nabucco [05 Dec 2009 - 08:12]

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Drilling & Processing News

Activists advocate gas drilling regulations [06 Dec 2009 - 10:30]
Oil refinery trial sells 1m tonnes [06 Dec 2009 - 07:56]
Near-Shore Oil Drilling: Slick Technology Sham [06 Dec 2009 - 05:31]
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Environmental Issues News

2 dead, 6 ill after Indore gas leak [06 Dec 2009 - 10:13]
Gas leak in Indore medicine manufacturing unit, two dead [06 Dec 2009 - 10:13]
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