ArabianBusiness.com - Middle East Business News
Wednesday, 25 November 2009 14:55 UAE time

YOUR DIRECTORY /

Monday, 07 September 2009

Global oil giants urged to make new investments

Energy
Report urges aggressive spending spree by IOCs and NOCs to snap up smaller players.

Global oil giants urged to make new investments

Sunday, 06 September 2009

Venezuela to sell Iran 20,000 barrels of petrol per day

Energy
Deal with fuel-starved Islamic republic also includes medicine and commerce agreements.

Venezuela to sell Iran 20,000 barrels of petrol per day

No effort spared to support IRENA - Sheikh Khalifa

Energy
Support for energy agency from Abu Dhabi ruler comes after taskforce meeting.

No effort spared to support IRENA - Sheikh Khalifa

LUKOIL to keep investment plan intact - president

Energy
Russian private oil producer may expand plans if it wins tenders in Iraq, says president.

LUKOIL to keep investment plan intact - president

Feb 2010 start date seen for $9bn Kuwait JV refinery

Energy
Chinese official says final approval may be given in Jan with work to start shortly after.

Feb 2010 start date seen for $9bn Kuwait JV refinery

Saturday, 05 September 2009

Saudi prince urges US to recognise oil dependency

Energy
US has no alternative to oil to meet its massive energy need - Turki Al Faisal.

Saudi prince urges US to recognise oil dependency

Friday, 04 September 2009

Saudi Arabia to supply steady oil volumes in Oct

Energy
Steady allocations indicate OPEC won't make any formal change to output ceilings.

Saudi Arabia to supply steady oil volumes in Oct

Thursday, 03 September 2009

OPEC to maintain offical output at Vienna meet - poll

Energy
Analysts expect OPEC to choose to leave its official output target unchanged, in next week's meet.

OPEC to maintain offical output at Vienna meet - poll

UAE's Taqa buys North Sea oil blocks from Shell, Exxon

Energy
Abu Dhabi National Energy Co buys four exploration blocks in Britain's North Sea.

UAE's Taqa buys North Sea oil blocks from Shell, Exxon

Wednesday, 02 September 2009

Kuwait to shut crude unit at Mina al-Ahmadi end Oct

Energy
Maintenance on 120,000 bpd unit slated to start on Oct 27; will last until Nov 16.

Kuwait to shut crude unit at Mina al-Ahmadi end Oct

Tuesday, 01 September 2009

500 new jobs as company plans $700m investment

Energy
Oil and gas services firm to deliver jobs boost in manufacturing complex expansion.

500 new jobs as company plans $700m investment

Dubai ruler sets up new energy authorities

Energy
Decrees issued to establish Oil Affairs Bureau and Supreme Council for Energy.

Dubai ruler sets up new energy authorities

Monday, 31 August 2009

Jordan’s NRA nears oil shale deals

Energy
Natural Resources Authority says deals could help meet one third of kingdom's daily energy needs.

Jordan’s NRA nears oil shale deals

Vinci swaps stake for Qatari Diar unit

Energy
French public works group swaps up to 8% of company for Cegelec unit of real estate investor Qatari Diar.

Vinci swaps stake for Qatari Diar unit

Aramco, Dow jv to have 8m tonnes pa. petchem capacity

Energy
Saudi petchem project in engineering, design phase; investment decision set for 2010.

Aramco, Dow jv to have 8m tonnes pa. petchem capacity

Oman invites bids for steam oil production project

Energy
Officials say two fields could produce up to 60,000 bpd when project comes online.

Oman invites bids for steam oil production project

Sunday, 30 August 2009

Qatar's Attiyah says OPEC likely to keep output steady

Energy
UPDATE 1: Last year, OPEC agreed to cut output by roughly 5% of daily world demand.

Qatar's Attiyah says OPEC likely to keep output steady

UK's Gulfsands in talks with China's Sinochem - report

Energy
State-owned Sinochem said readying $650m offer for operator of Syria's Khurbet field.

UK's Gulfsands in talks with China's Sinochem - report

Saturday, 29 August 2009

Cairn yet to decide on bidding for Iraq oil round

Energy
UK explorer's chairman says company may consider partners ahead of possible auction bid.

Cairn yet to decide on bidding for Iraq oil round

Thursday, 27 August 2009

Oil falls towards $71 on brimming US stocks

Energy
Oil prices decline on Thursday, after touching 10-month highs earlier this week.

Oil falls towards $71 on brimming US stocks
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SPOT POLL

Have you cut back your spending on groceries amid the downturn?

Actually, I’ve reduced my spending on everything… food, clothes, going out – the lot.
I’ve swapped to non-brand food items, and always look for special offers, but that’s it.
No, I’m spending the same.
No way, it's champers and caviar for dinner every night!
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