News / International
Adnoc to invest $7b in gas liquids program
Abu Dhabi National Oil Company (Adnoc) is planning to invest more than $7 billion by 2009 to expand its natural gas liquids production, a top official said yesterday. Adnoc arm in talks to bring bio-fuel cars into the UAE
Adnoc Distribution, the retail arm of Abu Dhabi National Oil Company (Adnoc), has began talking to vehicle manufacturers of bio-fuel vehicles that run on both natural gas and petrol to encourage them to supply these models to the UAE market Repsol discovers major Libyan oilfield
Spanish-Argentine oil producer Repsol YPF said Tuesday it had discovered a major oil field in Libya with a capacity of 474 million barrels, and had sought permission from the Libyan authorities to develop the resource. Venezuela’s Chavez decrees takeover of foreign oil operations in Orinoco
President Hugo Chavez ordered by decree the takeover of oil projects run by foreign oil companies in Venezuela's Orinoco River region. Iraqi Cabinet approves draft oil law
The Iraqi Cabinet approved a long-awaited draft oil law on Monday, sending it to parliament for consideration, the prime minister said, calling the agreement "another founding stone in state-building." Petrobras, Gazprom sign gas agreement
The state-run oil companies of Brazil and Russia signed a memorandum of understanding Saturday to identify possible areas of cooperation on natural gas projects. Saudi Aramco Makes New Oil Find Near Ghawar
Saudi Aramco, the world's largest state-run oil company, discovered a new oilfield in the Persian Gulf kingdom, the official Saudi Press Agency reported today, citing the country's oil minister, Ali al-Naimi. Luksar Discovered Hydrocarbons in Saudi Arabia
Followed the results of deep exploration drilling on Tukhman structure, Contract area Block A in Saudi Arabia LUKSAR discovered hydrocarbon accumulations. 
