News / International
Gulf Keystone seeks buyer for Hassi Ba Hamou Permit in Algeria
Gulf Keystone is seeking a buyer for its interest in the Hassi Ba Hamou Permit in central Algeria. A sale of Gulf Keystone's interest in the Permit is subject to approvals from the Algerian Government and the Company's partners, Sonatrach and BG North Sea Holdings Limited ("BG"). OPEC Oil price nearly $9 below end-of-June level
The oil price of the Organization of the Petroleum Exporting Countries (OPEC) fell for the seventh straight day of trading Thursday, shedding a total of $8.98 since the end of June, according to figures released by the group on Friday. Iraq boosts Nabucco supply plans
Iraq's Prime Minister Nuri al-Maliki said today Europe can receive 15 billion cubic metres of Iraqi gas via Turkey. US says Russia can supply gas to Nabucco
Russia is free to supply gas to the Nabucco pipeline and countries participating in the project must accept it as a partner, the US special energy envoy said. Mideast fuel oil prices up on demand
Middle East fuel oil prices rose $1.75 a ton this week amid peak summer demand while cuts in refinery operation rates globally limit fuel oil production. Oxy, CNR bid for onshore Bahrain Gas E&P contract
Bahrain Petroleum Co., or Bapco, is evaluating two bids on behalf of the National Oil and Gas Authority, or NOGA, received last month for a deep gas exploration and production sharing contract under tender for onshore Bahrain, a senior company official said. China Oil Cos eyeing Iraq’s 2nd round oil, gas auction
China's state-owned oil companies are eyeing a second round of auctions of major untapped oil and gas fields in Iraq later this year, but commercial terms are still key, said top executives with the companies. Oman pumps up the volume
Oman will raise oil production to 804,000 barrels per day by the end of 2009 from 784,000 barrels now, its economy minister said. 
