oil
The Organisation of Petroleum Exporting Countries (OPEC) said on Monday it was maintaining its forecast for growth of world oil demand in 2007 unchanged at 1.5 percent.
Domestic, International energy demand and economic growth dependent upon successful GCC capacity expansion.
The Abu Dhabi National Energy Company PJSC has announced that its chief executive will be in London on Monday 23 April to conduct an invitation-only briefing for bondholders of the UAE-headquartered group.
MPGC 2007 brought together industry leaders, visionaries and decision makers to debate and discuss the theme, ‘Middle East Oil & Gas: Security of Supply vs. Security of Demand: Strategies for a Win-Win Partnership.’
South American presidents gathered Monday on the eve of a summit on pipelines, refineries and a gas cartel, promising not to lock horns over biofuels.
South American leaders agreed at a summit in Venezuela Tuesday to form a strategic alliance to ensure energy security in the region.
The world’s energy markets are the best means to ensure energy security, according to energy economist Mark Finley, Head of Energy Analysis for oil and gas multinational BP.
ENOC has tied up with Blue Banana and Gargash Enterprises for a six-week promotion called ‘Enter the Winning Circle’ to be held from April 20 to May 31, 2007.
World oil prices fell on Wednesday as US refineries started coming back on line after a period of maintenance, analysts said.
Iraq's oil reserves could be almost twice as vast as current estimates, and its production could also double in five years, a report from consultancy IHS has showed, the Financial Times reported on Thursday.
The offshore Ireland FEL 3/05 covers an area of approximately 715 square kilometres and is located on the Atlantic Margin approximately 70 kilometres off the west coast of Ireland.