Sunday 30 August 2015
 
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Qatar raises its game to fend off next LNG giants

Gas giant Qatar is becoming commercially sharper, using traders and tenders to grab new customers, and fighting to hold on to its share in the prized Asian market. Qatar is the world's top supplier of liquefied natural gas (LNG), but in the coming five years it could be surpa

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Qatar raises its game to fend off next LNG giants

Gas giant Qatar is becoming commercially sharper, using traders and tenders to grab new customers, and fighting to hold on to its share in the prized Asian market. Qatar is the world's top supplier of liquefied natural gas (LNG), but in the coming five years it could be surpa

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Iran vows to reclaim oil export share

Iran will ramp up crude oil production and reclaim its lost share of exports shortly after international sanctions on the Opec member are lifted, Iran's Oil Minister Bijan Zanganeh said on Tuesday. "After lifting sanctions, Iran will take back the market share of more th

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Saudi Downstream to focus on investment

Saudi Arabia’s support for foreign investment and its focus on actions needed to achieve economic sustainability in an environment of unstable commodities will be highlighted at the Saudi Downstream event to be held in March 2016, in Jubail. The event will take place from March 8

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Dewa launches $28m substation in Dubai Academic City

Dubai Electricity and Water Authority (Dewa) has launched a new Dh106-million ($28.8 million) 132/11kV substation, with a capacity of 150 megavolt amperes (MVA), in Dubai Academic City, according to a report.   The new station is aimed at meeting the growing dem

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Bapco achieves major safety milestone

Bahrain Petroleum Company (Bapco) has reported the achievement of a major safety and reliability milestone, with the Refinery Reliability Clock (RRC) reaching 90 days without a reset as of yesterday (August 24). “This milestone could have only been achieved with the great team effort of

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Oil stays at 2009 levels over Asian economic woes

Crude oil markets recovered somewhat on Tuesday from sharp falls in the previous session but they remained at 2009 levels as Asian equities kept tumbling, triggering fears of an economic tailspin in the region. China's major stock indexes slumped more than 6 per cent to 8-mon

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India ONGC submits revised development plan for Iran gas field

India's ONGC Videsh, the overseas investment arm of explorer Oil and Natural Gas Corp, this month submitted a revised proposal seeking the development rights of Iran's giant gas field Farzad B, its managing director said on Monday. A consortium headed by ONGC Videsh in 20

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Libya's oil production at 350,000 to 400,000 bpd

Libya is producing between 350,000 and 400,000 barrels of oil per day (bpd), the chairman of a state oil firm loyal to the country's internationally recognised government said.   Naji Al Maraghi told Reuters his management was working to lift force

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NOC east invites oil majors to discuss contracts at Dubai conference

A state oil firm loyal to Libya's official government based in the east of the country has invited foreign oil firms to discuss existing oil purchase contracts at a conference in Dubai next month, it said in a statement.   The move is a fresh attempt by Liby

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