Friday, February 12th, 2010
The Minister of Foreign Affairs, Ojo Maduekwe, has expressed the willingness of the federal Government to partner with Kuwait on areas of energy and infrastructural development in order to secure ...
Tuesday, February 9th, 2010
BJ Services Company (BJS-NYSE, CBOE, PCX) today reported that revenue in the first quarter of fiscal 2010, which ended December 31, 2009, was $931.5 million, representing a 6% increase from ...
Wednesday, February 3rd, 2010
Kuwait Oil Company (KOC) has extended proposal submission date for two major maintenance deals at its facilities in the north and west of the country, worth about $70m in total. ...
Wednesday, September 16th, 2009
Dana Gas PJSC, the Middle East’s first and largest private-sector gas company, has announced the appointment of James Dewar as Group Chief Financial Officer (CFO).
Mr. Dewar brings in over 27 ...
Tuesday, August 18th, 2009
The price of oil fell to its lowest in more than two weeks because of decreased demand and growing stockpiles in the US to ensure sufficient supplies during the North ...
Monday, July 13th, 2009
TNK-BP closed the necessary transactions to take near-complete control over the shares in the Lisichansk refinery, a top producing refinery in Ukraine.
The refinery, located near the eastern border in Ukraine, ...
Wednesday, June 24th, 2009
The oil output decline caused by the militant attack will directly reduce Nigeria's financial income and increase its deficit in budgets. In turn, Nigeria, a country mainly depending on oil ...
Friday, June 12th, 2009
The IEA raised its global estimate for daily oil demand by 120,000 barrels to 83.3 million barrels in its monthly. The increase was driven by the US and China. Consumption ...
Wednesday, April 29th, 2009
)))))Oil prices extended losses and fell towards $49 a barrel on Wednesday, as fears that the swine flu outbreak could dent fuel demand were further exacerbated by fresh worries about ...
Wednesday, March 11th, 2009
OPEC Oil Export Revenues
Based on projections from the EIA March 2009 Short-Term Energy Outlook (STEO), members of the Organization of the Petroleum Exporting Countries (OPEC) could earn $383 billion of net ...
Monday, January 12th, 2009
Kuwait National Petroleum Company (KNPC) today announces the launch of a historic three year Corporate Social Responsibility (CSR) Program designed to build on KNPC’s existing strengths in environmental, social and ...
Friday, December 5th, 2008
Crude oil prices slumped close to 40 dollars a barrel in trading on Today. The US expects a steep drop in energy demand. Oil has fallen 70 percent since reaching ...
Friday, November 21st, 2008
US light sweet crude fell to $49.62, while London-traded Brent crude fell to $48.90 a barrel. The price of oil is around two-thirds cheaper than in July, when it hit ...
Thursday, September 11th, 2008
SAN RAMON, Calif., September 10, 2008 - Chevron Corporation (NYSE: CVX) today announced the extension and amendment of its agreement with the Kingdom of Saudi Arabia. This agreement grants Chevron ...
Tuesday, September 2nd, 2008
London, United Kingdom (2 September 2008) - AMEC plc, the international engineering and project management company, has been awarded a five-year programme management consultancy (PMC) contract by Zakum Development Company ...
Wednesday, August 13th, 2008
On August 7, 2008, the right day before the opening of Beijing Olympic Games, the last newly-built unit─hydrocracking unit of the refining base at Dalian Petrochemical, was successfully started up ...
Friday, May 2nd, 2008
HOUSTON--(BUSINESS WIRE)--Houston’s Bilateral U.S.-Arab Chamber of Commerce is coordinating the visit of more than 270 companies from Middle Eastern nations to this year’s Offshore Technology Conference (OTC), which will be ...
