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Issue 885 - 18 September 2010

Government in industry shakeup

Subscriber

The government has proposed plans to revamp the organisational structure of Iran’s oil industry to grant the state-run National Iranian Oil Company (NIOC) more autonomy.

Iran
Issue 885 - 18 September 2010

Gulfsands unveils big profits and plans

Subscriber

Syria-focused Gulfsands Petroleum has announced a large rise in H1 10 profit on the back of higher energy prices, an increase in production and a profit on the sale of assets in the Gulf of Mexico.

Syria
Issue 885 - 18 September 2010

Aramco goes unconventional

Subscriber

Saudi Aramco made headlines at the mid-September World Energy Congress (WEC) in Montreal with president and chief executive Khalid Al-Falih telling delegates and interviewers the giant national oil company planned to counter fast-rising demand for feedstocks for power and industry by developing the Kingdom’s potentially huge non-conventional gas reserves.

Saudi Arabia
Subscriber

Halliburton wins Eni contract in Iraq. GDF Suez/IP create world’s largest power generator. Praxair buys into ROC

Kuwait | Iraq
Subscriber

As sanctions bite, it becomes ever harder to develop energy projects, but western withdrawal opens opportunities for Tehran’s traditional partners as well as domestic companies with shadowy backgrounds

Iran
Issue 883 - 28 August 2010

Big business for the IRGC

Subscriber

The awarding of lucrative oil and gas contracts to the Islamic Revolutionary Guard Corps (IRGC or Pasdaran) has become a common trend

Iran
Issue 883 - 28 August 2010

Iran remains in denial over energy

Subscriber

Sanctions targeting Iran’s energy sector have sparked an exodus of western oil companies, but Tehran is turning to one-time allies Russia and China to rescue a faltering

Iran
Subscriber

New contracts for Majnoon field, Repsol farms into RAK’s Block 47, Rosneft to invest $630m in Sharjah, Nakilat completes LNG fleet

Oman | United Arab Emirates (UAE) | Iraq | Qatar
Subscriber

The Middle East project finance market has been boosted by recent deals in Saudi Arabia and the UAE, and the opening of US export credit agency Export-Import Bank in Iraq

United Arab Emirates (UAE)
Free

While US diplomacy may not be getting very far in Baghdad – vice president Joe Biden’s recent visit did not lead to any breakthrough in negotiations on a new government – former diplomats and officials are doing well in Iraqi Kurdistan, acting as advisers to the Kurdistan Regional Government or its commercial partners

Iraq
Issue 882 - 31 July 2010

IRAQ: Potential Sonangol farm-out

Subscriber

Angola’s Sonangol has said that Occidental Petroleum and Indonesian state company Pertamina have shown interest in taking a stake in its Qayara and Najmah oilfield

Angola | Iraq
Subscriber

Iran is aiming to become self-sufficient in oil within four years, oil minister Masoud Mir-Kazemi announced during the inaugural ceremony of Morvarid Petrochemical Complex and Pardis Petrochemical

Iran
Issue 881 - 17 July 2010

Oil industry fears policy shift

Subscriber

Comments in early July by King Abdullah Bin Abdelaziz that oil production must be halted to leave resources for the next generation has provoked concern across the sector. Some analysts said initial translations of the speech, delivered to Saudis studying in the US,

Saudi Arabia
Subscriber

The outgoing Council of Ministers has approved the establishment of Basra Gas Company, which will implement Royal Dutch Shell’s controversial project to gather, process and market flared gas from a quartet of the country’s largest oil fields. The news gives new hope to a project

Iraq
Subscriber

Underlining the impact of US-led campaigns on economic life in the Islamic Republic, BP has halted fuel supplies to Iranian airliners landing at any location following fresh US sanctions against the energy sector. Iranian officials had earlier accused the UK, Germany and

Iran