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Halliburton said it was relocating to the United Arab Emirates to capitalize on the Gulf region's booming energy market.
A man refuels his car in MiamiA man refuels his car in Miami, Florida, 8 March. World crude oil prices rebounded on Tuesday after the International Energy Agency had warned that falling inventories of oil could put upward pressure on prices in coming months.
Kuwait Oil minister Sheikh Ali Jarrah Al Sabah Kuwait Oil minister Sheikh Ali Jarrah Al Sabah arrives at a Vienna Hotel, prior an OPEC meeting. The OPEC oil cartel does not need to cut output at its meeting this week because the market is balanced, Sheikh Ali Jarrah al-Sabah said.
Kuwait Oil minister Sheikh Ali Jarrah Al Sabah Kuwait Oil minister Sheikh Ali Jarrah Al Sabah arrives at a Vienna Hotel, prior an OPEC meeting. The OPEC oil cartel does not need to cut output at its meeting this week because the market is balanced, Sheikh Ali Jarrah al-Sabah said.
Norwegian oil production platform Troll B of Norsk HydroNorwegian oil production platform Troll B of Norsk Hydro. The boards of Norwegian oil company Statoil and Norsk Hydro on Tuesday backed the plan for Statoil to absorb Norsk's oil and gas business in a 23-billion-euro agreed late last year.
Shukri GhanemLibyan representative Shukri Ghanem answers questions ahead of the Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna. Ghanem said OPEC is not unduly concerned about tumbling stock markets, although an economic slowdown would affect demand for crude.
RAK Petroleum PCL will acquire substantially all of Indago’s exploration and production assets with the sole exception of approximately 50 per cent ownership in Blocks 31, 43a and 47 that Indago will retain.
Edmund DaukoruNigerian Oil Minister Edmund Daukoru answers media questions as he arrives at a Vienna Hotel ahead of the OPEC ministerial meeting. OPEC ministers brushed off the slump on world stock markets on Wednesday, saying it was a "blip," but showed some concern that if it hit US growth then demand for oil might fall.
Edmund DaukoruNigerian Oil Minister Edmund Daukoru answers media questions as he arrives at a Vienna Hotel ahead of the OPEC ministerial meeting. OPEC was expected to maintain the cartel's target for daily oil production during a ministerial meeting in Vienna on Thursday
Bulgarian Prime Minister Sergei Stanishev (L) and President Vladimir Putin chat prior talks in AthensBulgarian Prime Minister Sergei Stanishev (L) and Russian President Vladimir Putin chat prior talks in Athens. Putin was set to sign Thursday a long-delayed agreement with Greece and Bulgaria to build a 900-million-dollar pipeline to carry Russian oil from the Black Sea to the Aegean
Rafael RamirezVenezuelan Energy Minister Rafael Ramirez, seen here in January 1, has told reporters that there is "consensus" among members of the Organization of Petroleum Exporting Countries (OPEC) to hold the cartel's target for daily oil production at 25.8 million barrels per day.