Thursday 5 March 2015
 
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Iran could begin Iraq gas deliveries in May

Iran could begin natural gas exports to Iraq in May if security conditions improve, Iranian oil ministry website Shana quoted a senior official as saying. Iran and Iraq signed an agreement in 2013 under which Tehran would start ex

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Brent approaches $61, set to end 7-month losing streak

Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in North Sea and renewed fears of gas supply disruption in Europe supported prices. A reduction in rig counts

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Bahrain villa owners seek damages after pipeline blaze

Villa owners at a luxury housing development in Bahrain are demanding compensation after their properties and cars were coated with dark stains following a gas pipeline blaze last week. The Riffa Views Home Owners Association says

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Abu Dhabi gas firms award $1.6bn expansion contracts

State-run Abu Dhabi Gas Industries Company (Gasco) and Abu Dhabi Gas Liquefaction Company (Adgas) said on Tuesday they have awarded about $1.6 billion worth of contracts to expand the country's natural gas processing facilities.

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Abu Dhabi gas firms award $1.6bn expansion contracts

State-run Abu Dhabi Gas Industries Company (Gasco) and Abu Dhabi Gas Liquefaction Company (Adgas) said on Tuesday they have awarded about $1.6 billion worth of contracts to expand the country's natural gas processing facilities.

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Egypt working on $9.2bn oil and gas exploration deals

Egypt has three major oil and gas deals worth a total of $9.2 billion underway, after attracting investment of about $2.9 billion for oil and gas exploration in just over a year, a spokesman for the energy ministry told Reuters. S

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Regional oil industry’s security in focus at Dubai summit

The regional security consideration for the oil and gas industry will be the focus of a summit set to take place in Dubai, UAE, in May. The fourth Gulf and Middle East Oil and Gas Security Summit will take place on May 18 and 19,

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Bahrain to increase natural gas prices for industry

Bahrain will increase the price of natural gas sold to companies by 25 cents per million British thermal units (mmBtu) from April 1, Aluminium Bahrain (Alba) said in a statement on Friday. Alba said it was informed by state-run Ba

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Bahrain to increase natural gas prices for industry

Bahrain will increase the price of natural gas sold to companies by 25 cents per million British thermal units (mmBtu) from April 1, Aluminium Bahrain (Alba) said in a statement on Friday. Alba said it was informed by state-run Ba

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Qatar Petroleum to absorb investment unit

State-owned oil and gas giant Qatar Petroleum (QP) will absorb Qatar Petroleum International (QPI), QP said on Monday, a move suggesting authorities want to consolidate the industry after the plunge of oil prices. "The integr

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