Top Oil & Gas News

• Iran: Gas Export to Pakistan Slated for 2013
  Iran will start exporting natural gas to Pakistan from 2013, after the neighbors finally agreed on Monday to build a $7.6 billion pipeline. Iran Daily - 03Sep 09:53GMT
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• Oil prices rally to above 69 dollars
  Oil prices rebounded above 69 dollars a barrel on Thursday, clawing back ground after some recent heavy losses caused by caution over the strength of global economic recovery. AFP - 03Sep 09:53GMT
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• Oil stays below 69 dollars
  Oil was up in Asian trade Thursday but stayed below 69 dollars amid worries about the pace of the global economic recovery, analysts said. AFP - 03Sep 07:39GMT
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• Oil Mixed In Asian Trade, Stays Below $69
  Oil was mixed in Asian trade Thursday amid worries about the pace of the global economic recovery, analysts said. New York's main contract, light sweet crude for October delivery was one cent higher at 68.06 dollars a barrel. AFP - 03Sep 04:31GMT
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• Champion Secures Maersk Oil Contract
  Specialist oilfield production chemicals company Champion Technologies has been awarded a three year contract with extension options for a further four years by Maersk Oil North Sea UK Ltd to provide production chemicals for subsea and topside applications across its North Sea assets. Press Release - 02Sep 12:28GMT
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• Oil prices rebound but remain under 70 dollars
  Oil prices recovered slightly on Wednesday but remained under 70 dollars, as investors awaited the latest weekly data on energy inventories in the United States, the world's biggest crude consumer. AFP - 02Sep 10:13GMT
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• Oil trade marks 150 years
  One hundred and fifty years ago this week in a small Pennsylvania town an indefatigable businessman struck oil, changing the world forever. AFP - 02Sep 08:07GMT
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• Lebanon to start receiving Egyptian gas mid-September
  Lebanon will finally receive the long-awaited Egyptian gas to run the gas-fired Beddawi plant in the middle of this month, said the energy ministers of Lebanon and Egypt. The Daily Star - 02Sep 07:32GMT
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• Iran ready to transfer gas from Turkmenistan to Iraq
  Iran's Oil Transportation Company announced its readiness to transfer gas from Turkmenistan to Iraq and the UAE. Aswat Aliraq - 02Sep 06:02GMT
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• Fujairah Port awards contract to expand oil product handling
  Fujairah Port Tuesday awarded a multi-million dollar construction contract to Topaz Engineering's subsidiary, Nico International, as major expansion takes place at the port. Gulf News - 02Sep 05:35GMT
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