News / International
Malaysia to initiate a $14 billion oil project
Malaysia announced that its plan to begin work on a $14 billion oil refining and pipeline project in order to process and pump oil from the Middle East in transit to markets in such countries as Japan, China and South Korea, reported Al-Jazeera. BP and Shell submit bids for major sour gas project in UAE
Oil majors BP and Royal Dutch Shell have submitted bids for a sour gas project in the UAE that could be have a price tag as high as $10 billion. Halliburton winds up Iran work
US oil services giant Halliburton said Monday that it had wrapped up its work commitments in Iran and was no longer conducting any projects in the Islamic republic. Oxy eyes Middle East double play
US independent Occidental Petroleum expects to win at least two Middle East energy projects in 2007, the company said today. Qatari RasGas makes first delivery of Liquefied Natural Gas to Belgium
Ras Laffan Liquefied Natural Gas Company Limited (II) (RasGas) recently made its first delivery of liquefied natural gas (LNG) under a long-term Sales and Purchase Agreement from the shores of Qatar to Zebrugge, Belgium. US, Saudi, Chinese firms announce $5bn energy deal
US oil giant Exxon Mobil, Saudi Aramco, and Sinopec announced in China Friday two joint ventures worth about $5 billion to operate 750 service stations and a petrochemical refinery in China. Morocco invests more in petroleum exploration
Morocco sharply increased spending on petroleum exploration last year compared to 2005 and registered two natural gas discoveries, the government said Wednesday. China finds ‘world scale’ oilfield
China's biggest oil producer says it has discovered a massive new offshore oil field that could become the country's largest domestic petroleum source in a decade. 
