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  NEWS > ENERGY/OIL & GAS  
 
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Oil hits another record near $125
London  
 
  Oil hit a record high near $125 a barrel on Friday, boosted by strong demand for diesel fuel, concern about supplies and a renewed bout of buying by investment funds.  
   

  Total expects Saudi refinery OK soon
Riyadh
  French oil major Total said on Wednesday it expects a decision soon to proceed with a new 400,000 barrels per day (bpd) refinery in Saudi Arabia.     
   
  Adipec is exhibiting at OTC
Abu Dhabi
  Adipec, one of the largest international petroleum exhibition and conferences in the world, is once again exhibiting at the UAE pavilion at OTC, ahead of it’s 2008 exhibition.     
   

 
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Oil and Gas News
May 5 - 11, 2008
 


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