Thursday 23 May 2013
 
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Iran to boost diesel exports to Iraq

Iran will more than double its diesel exports to Iraq thanks to higher capacity at its refineries, a leading oil official said. Trade relations between the two former enemies have improved markedly over the last few years, with bilateral trade amounting to around $12 billion and

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European oil price investigation widens

The European Commission investigation into possible oil price manipulation extended beyond three major companies to a smaller niche trading house, while a Finnish refinery said it had been asked for information. Dutch trading house Argos Energies is being investigated by the Euro

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Key Iraq energy conference in Abu Dhabi

  Abu Dhabi will host a key conference titled "Iraq Energy 2013/2014: Business and Investment Opportunities in Iraq’s Oil and Gas Sectors", next week.   UAE Minister of Culture, Youth and Community Development Sheikh Nahayan bin Mab

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Gulf Petrochem receives Meed award

Gulf Petrochem Group, a leading player in the oil industry, has been awarded the ‘Mashreq Oil & Gas Project of the Year’ award during the Meed Quality Awards for Projects 2013, recently held at Jumeirah Etihad Towers in Abu Dhabi. Gulf Petrochem’s Fujairah o

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Mideast facing ‘double dilemma’ over oil future

The Middle East is facing a double dilemma over the global competitiveness for oil in the future, said experts at a panel discussion held by the International Institute for Strategic Studies (IISS) - Middle East in Bahrain. On the one hand, it has to look to increase production a

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