News / International
Iraq cabinet gives nod to $3bn China deal
Iraq's cabinet has approved a $3 billion oil service contract with China, the government of Prime Minister Nuri al-Maliki said today, in a move that could signal the shape of anticipated future oil deals. Tullow Oil Reports Positive Kingfisher-2 Well Test Results in Uganda
Heritage Oil, the operator of the Kingfisher-2 exploratory appraisal well in Block 3A, Uganda, in which Tullow Oil plc (Tullow) is a 50%partner, today issued the following press release. Fire at Kuwait’s largest oil refinery
A fire broke out on Wednesday at Kuwait's largest oil refinery, an oil official said. . UAE Shares Drop for Third Day as Oil Trades Slips to a Five-Month Low
UAE shares dropped for a third day as oil traded near its lowest in five months, with the Dubai benchmark stock index sliding 0.6 per cent to close at 4,715.73 and the Abu Dhabi bourse slipping 0.2 per cent to 4,350.68 points. Iraq Ahdab Field to Produce First Oil in 2009
Iraq's Al Ahdan oil field, which was awarded to China National Petroleum Corp. Thursday, is expected to start first crude oil production in 2009, an Iraqi oil ministry spokesman said. Gustav shutting output in US Gulf
Oil and natural gas companies shut production across the Gulf of Mexico as they moved workers out of the path of Tropical Storm Gustav ahead of what could be the worst hurricane to strike the nation's offshore oil patch since 2005. Oil Search seals Kuwait deal
Port Moresby-based Oil Search said it had wrapped up the sale of part of its Middle East and North Africa assets to Kuwait Energy Company for $200 million. TAQA may face share price weakness
Abu Dhabi National Energy Company (TAQA) is likely to face weakness in its share price in the short-term with the conversion of mandatory convertible bonds on September 1, says a research note by Al Mal Capital. 
