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New Kuwait refinery budget stays at $15bn
Kuwait City  
 
  Kuwait said the budget for building its Al-Zour refinery complex remained unchanged at 4 billion dinars ($15 billion), after awarding $8.4 billion of contracts to four South Korean firms and one Japanese.  
   

  Oil prices may stay unstable: Opec chief
Algiers
  Opec President Chakib Khelil has said that geopolitical factors, speculation and the value of the dollar would continue to affect oil prices for the next months or years.     
   
  Dophin gas supplies to Oman delayed
Doha
  Abu Dhabi-based Dolphin Energy will begin supplying natural gas to Oman in August or September, a few months later than planned.     
   

 
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Oil and Gas News
May 5 - 11, 2008
 


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