Iran signs US$1.5 billion deal with local consortium


Iran has signed a contract worth US$1.5 billion with a consortium of local firms to develop the third phase of the south-western Darkhovin oil field, Oil Ministry website SHANA reported.

Hits: 2898

Read more ...

IEA warns on impact of economic uncertainty


The International Energy Agency (IEA) warned that a double-dip recession could reduce global energy demand enough to push global oil markets into surplus next year and could see oil prices decline further.

Hits: 2743

Read more ...

Dana Gas posts positive Q2 earnings


Dana Gas posted very positive net profits for the second quarter of 2011 of US$34mn which is an increase of 276 per cent compared to the second quarter results last year.

Hits: 2912

Read more ...

Taqa Q2 profits soar


Abu Dhabi National Energy Company PJSC (Taqa), posted strong second quarter 2011 results of US$118.42mn on the back of higher oil prices.

Hits: 2879

Read more ...

41 firms have been selected for Iraq’s next bidding round


The Iraqi oil ministry has named the 41 international companies that have been selected to compete for 12 exploration blocks in the next bidding round which is scheduled to take place in January 2012.

Hits: 2977

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W:

twn Are you sure that you want to switch to desktop version?