News / International
BP reveals its “Green” fuel plant plans
Oil giant BP is to build a £200m "green" fuel plant on the outskirts of Hull as it seeks alternative forms of energy generation. The biofuels plant, which will make ethanol from wheat, is a joint venture between BP, Associated British Foods (ABF) and chemicals firm DuPont. Petrol rationing in Iran sparks anger
Angry Iranians attacked several gas stations in protest after the government suddenly began long-threatened fuel rationing, while many others rushed to fill their tanks. Exxon, Conoco refuse to sign Venezuela deal
Exxon Mobil and ConocoPhillips , two of the world's top oil companies, have refused to sign a deal to stay in multi-billion dollar Venezuelan projects that are being nationalized, officials said. Orascom in joint deal for Algerian plant
Orascom Construction Ind-ustries will today ann-ounce the development of a Dollars 1.8bn facility to produce fertiliser on the Mediterranean coast of Algeria in partnership with Sonatrach, the Algerian state-owned oil and gas company. Seadrill ties down new Shell deal
Norwegian oilfield services group Seadrill has won a four-year job worth about $810 million from Shell for use of its West Navigator drillship on the Ormen Lange gas field, Seadrill said. BP to restart part of Alaska output
BP expects to restart today 10,000 barrels per day of Alaskan oil production at its giant Prudhoe Bay oil field, halted June 18 for a pipe leak, a BP spokesman said. Dolphin primes pumps for UAE flows
Dolphin Energy has flowed first gas in Qatar and is testing process plants before ramping up exports to the United Arab Emirates, the company said. Iraqi Federal Govt, Kurds Agree on Sharing Oil Revenues
The Iraqi federal government in Baghdad has reached an agreement with officials of the Kurdistan Regional Government on the distribution of oil revenues, solving only part of their differences over Iraq's draft oil and gas law, a senior central government official said Thursday. 
