News / International
Borouge announces further strategic expansion of polyolefins operations beyond Borouge 2
Dubai: Abu Dhabi polymer producer Borouge said on Sunday it has initiated the feasibility study for Borouge 3: a further expansion of its polyolefin operations in Abu Dhabi. Island Oil & Gas Extends Reconnaissance Contract in Morocco
Island Oil & Gas plc announces that San Leon (Morocco) Ltd, the Operator, has been granted a 12 month extension to the Exclusive Reconnaissance Licence in the Zag Basin onshore Morocco, by the Office National des Hydrocarbures et des Mines (“ONHYM”). The extension is effective from 24 December 2007. Mubadala takes 20pc in Shell’s Algerian ventures
ABU DHABI — Mubadala Development Company (Mubadala) owned subsidiary, Liwa Energy Ltd, has purchased a 20 per cent stake in Shell's current exploration and production ventures in Algeria. Libya to Redefine All Contracts with Oil Companies
The Libyan government says it will review all future contracts with oil companies in a bid to reap more benefit for the country, a senior Libyan government official told Dow Jones Newswires. India will shift focus to Angola
New Delhi : India, Asia's third-largest consumer of oil, will focus on obtaining energy assets in Angola after failing to secure supplies closer to home. China Gas To Import First LPG From Middle East Next Year
HONG KONG (Dow Jones)--Urban gas distributor China Gas Holdings Ltd. (0384.HK) said Monday it expects to import its first cargo of liquefied petroleum gas from the Middle East early next year, following its acquisition of a controlling stake in a Shanghai-based LPG producer and distributor. Basra bomb hits oil pipeline
A bomb has struck an oil pipeline in the city of Basra in southern Iraq as security forces have been clashing with Shiite militia fighters in the region. StatoilHydro Makes Fourth Discovery in Hassi Mouina
Operator StatoilHydro and partner Sonatrach have completed the drilling and testing of exploration well number four in the Hassi Mouina license, in the Sahara desert in Algeria. 
