Thursday 28 March 2024
 
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oil deals

India refiners team up for better Opec deals

Indian state refiners are jointly negotiating oil purchase deals with Opec producers for the first time, as the world's third biggest consumer seizes on low prices to wrest better terms in a market awash with crude. In a sign

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India refiners team up for better Opec deals

Indian state refiners are jointly negotiating oil purchase deals with Opec producers for the first time, as the world's third biggest consumer seizes on low prices to wrest better terms in a market awash with crude. In a sign

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Will Exxon bite Baghdad offer?

  Exxon Mobil's top executive has met with the president of Iraqi Kurdistan after Baghdad made the US major an offer in an apparent bid to keep it operating in the south of the country, industry sources said. &nb

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Kurdish oil deals have Baghdad in a bind

  When Iraq's Deputy Prime Minister Hussain Al-Shahristani met Exxon Mobil executives in Baghdad two months ago, he could hardly control his emotions. His anger boiling over, the Iraqi oil chief threatened to kick the America

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Syria casts net wide for oil deals

  The Syrian government is negotiating deals with firms in London, Singapore and the Middle East to sell crude oil in return for the fuel it needs to survive in the face of an increasingly bloody insurgency, documents seen by Reu

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Libya probing Gaddafi era oil deals

Libya has started investigating foreign oil companies over their past relationships with the former Muammar Gaddafi government, an investigator with the ruling National Transitional Council (NTC) said. Salem Qanan, who sits on the NTC's Oi

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Russia to discuss with Libya fate of its oil deals

Russia has invited members of Libya's interim government to Moscow to discuss the future of Russian energy contracts in the country, Foreign Minister Sergei Lavrov said on Saturday. 'We will discuss all of this,' Lavrov told re

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Libya 'to honour all legal oil deals'

Libya's rebel government will honour all energy contracts granted legally under Muammar Gaddafi's 42-year rule and work to restore oil output to pre-war levels within a year, said rebel reconstruction leader Ahmed Jehani. 'The

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45 firms qualified for 2nd Iraqi oil bid round

Forty-five of the world's major energy companies have qualified to compete in Iraq's next bidding round for contracts to develop its vast oil fields, the second such auction since the US-led invasion in 2003. The auction for some of Iraq's

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