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Oman loses $200m due to halt in oil exportsOman lost $200 million last week because Cyclone Gonu halted its oil exports, the Kuwaiti state news agency Kuna cited an Omani government official as saying on Monday. The official, who asked not to be named, said Mina al Fahal, Oma More… |
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BP set to announce return to LibyaBritish oil giant BP will announce on Tuesday it is returning to Libya in a move which British officials say recognises a warming of relations between London and Tripoli. "Today BP will be announcing they are going back into Libya," More… |
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Aabar completes Indonesia well drillingAabar Petroleum Investments Company has completed drilling and testing operations on an appraisal well in Indonesia. The Makassar Straits-3 (MS-3) appraisal well is in the Sebuku Production Sharing Contract (PSC) offshore east Kalimantan, More… |
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Oman fund takes 30pc stake in DMEOman Investment Fund (OIF) has taken a 30 per cent stake in Dubai Mercantile Exchange Limited (DME), a joint venture between Tatweer, a member of Dubai Holding, and the New York Mercantile Exchange Inc., (Nymex). This transaction follows t More… |
