Over 40 firms express interest in Lebanese gas exploration
Lebanon’s first gas tender, set to take place in February 2013, is expected to attract more than 40 international oil...
Oil & Gas
Iraq named as world’s second largest oil producer by OPEC
Iraq hopped 2 positions to become the world’s second largest oil producer in 2012. OPEC ranked Iraq to be the...
Abu Dhabi’s TAQA buys stake in Iraqi Kurdistan oil block for $600 million
Abu Dhabi National Energy Co ( TAQA ) has bought a 53.2 percent operating interest in Iraqi Kurdistan's Atrush oil...
Saudi Aramco to drill 7 gas exploration wells in Tabuk
State oil giant Saudi Arabian Oil Co., or Aramco, plans to drill seven gas exploration wells in deep and shallow...
Lebanon to seek pre-qualification gas exploration bids in February
Lebanon will seek bids from Feb. 1 from companies wanting to pre-qualify for oil and gas exploration drilling in its...
Saudi Aramco and Total to double SATORP capital to $1.9 billion
Saudi Aramco and France's Total will double the capital of its oil refinery joint venture at Jubail to 7.12 billion...
Jordan has 80 billion tons stockpile of oil shale
Jordan has approximately 40-80 billion tons of oil shale (about 34 billion barrels of shale oil) that could last for...
China seen raising Saudi oil imports 11% in 2013
China's crude oil imports from Saudi Arabia are likely to rise about 11 percent next year, faster than this year's...
Qatar produced 740,000b/d crude last year
Qatar produced 740,000 barrels of crude a day (b/d) on average in 2011 with the average price per barrel of...
Iraq seeks pipeline investors
At a roadshow in London, Iraq sought investors for two new oil pipelines: • A 2.25-million bpd line from Basra...
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