Oil History

Abu Dhabi Exports First Pipeline Oil Bypassing Hormuz Strait

Abu Dhabi started exporting its first crude from a pipeline that bypasses the Strait of Hormuz, shipping the fuel from the neighboring sheikhdom of Fujairah to a refinery in Pakistan.

 

 

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OPEC Maintains Oil Quota as Price Decline Brings Compromise

The Organization of Petroleum Exporting Countries kept its production ceiling unchanged, as concern that global growth is shrinking outweighed calls by some members for supply cuts to stem sliding prices.

 

 

 

 

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Amendments to the appointments of heads of boards of directors in companies of Ebla , Dijla and Rashid Abu Kamal for oil

Syria Oil site knew that Oil Ministry and the General Petroleum Corporation have conducted modifications to the appointments of heads of boards of directors in some companies in order to fill a vacancy in one of these companies included companies Ebla, Dijla and Rashid Abu Kamal for oil.
 

 

 

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Allaw: establishments Operating in oil take its full rule and gas is available are shipping per day for each provincial

Eng Sufian Allaw Minister of Petroleum and Mineral Resources said that all establishments operating in the oil do its part fully, especially in these circumstances experienced by Syria in terms of increased rates of production of the materials we need, mainly such as diesel and cooking gas and gasoline.

 

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Gulfsands looks for opportunities outside Syria

Syria-focused oil firm Gulfsands Petroleum said it would try to build a business outside of the troubled Middle Eastern country as it decided to stop exploring for oil in Syria, six weeks after ceasing production there.

 

 

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Dana Gas isn`t in talks with Syria

the chief executive officer of the United Arab Emirates-based Dana Gas declared on Sunday that company is not in talks with the Syrian government about investing in the country.

 

 

 

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Oil Tumbles Below $78 In Asia As Global Investors Worry Us Could Be Headed For Recession

Oil prices tumbled to their lowest in almost a year to below $78 a barrel Tuesday in Asia amid a global sell-off of equities and commodities triggered by investor fears the U.S. will soon fall into recession.

 

 

 

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Loon Energy INK Exploration company is drilling an exploration well in Block 9 Lattakia contract

Loon Latakia Co. on 21/7/2011 started drilling archaeological – 1 exploration well, located in the southeast side of the Block – 9 (contract Lattakia), 35 km south east of the town Khanasser and 100 km south of the city of Aleppo, and with a final schema depth 3256 meter

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Oil higher on weaker dollar, stronger home starts

Oil reversed direction again Tuesday, rising 2 percent as traders took their cues from the dollar and stock markets

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Fourth attack on Egyptian gas pipeline

An Egyptian gas pipeline in the Sinai peninsula has been hit by an explosion for the fourth time since February, Egypt’s MENA news agency reported today

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