News / International
OMV to develop Iran’s South Pars gas field
Austria's OMV, the biggest oil and gas group in Central Europe, announced it had signed a memorandum of understanding with Iran Saturday to jointly develop a gas field in the Gulf. Libyan, US firms in petrochemical joint venture
Libya's National Oil Corporation (NOC) and US firm Dow Chemical have announced a joint venture to operate and expand the Ras Lanuf petrochemical complex in Libya, the NOC said Friday. Chavez challenges U.S. with energy summit
Venezuelan President Hugo Chavez will seek to use oil wealth to consolidate regional support for his anti-U.S. politics as he hosts an energy summit of South American leaders on Monday. 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. 
