Arab Oil & Gas News

EU set to adopt new Syrian sanctions: diplomats

The EU is set to adopt fresh sanctions against Syria that may include a ban on oil investment and on delivering cash notes printed in Europe to its central bank, diplomats told AFP Tuesday.

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Iraq reworks fees to bolster 4th energy auction

Iraq’s fourth auction for exploration rights will offer international energy companies a revised remuneration fee formula designed to benefit bidders while encouraging them to minimise costs.

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Syria offers oil in teeth of sanctions

Syria’s state oil marketer Sytrol has issued a tender to sell two cargoes of crude oil for mid-October loading amid U.S. and EU sanctions, traders said on Monday

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Dubai: Arab Oil and Gas Exhibition 2011| International Conferences & Exhibitions Centre – Dubai | Sep 18 – 20, 2011

The International Exhibition for the Oil, Gas, Petrochemical and Energy industries, incorporating a focus on Instrumentation, Control and Automation for industry professionals in the Middle East.

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Iraqi Kurdistan halts crude oil exports

Iraqi Oil Minister Abdul Karim al-Luaibi says the Iraqi Kurdistan region has halted oil exports to protest a draft law approved by the government last month.
 
 
 
 
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Allaw in Tehran for gas talks

Talks between Iranian oil minister and Oil minister will start on Saturday evening in Tehran, Mehr news agency reported.

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About 2 mln bbls light crude offered from Libya-trade

About 2 million barrels of very light crude oil have been offered from Libya via a tender, making it the largest volume to come to market since war erupted in February, trade sources said on Friday

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Syrian Finance Minister looks at Asia to bypass Sanctions

Syria’s Finance minister said economic growth in Syria was expected to drop to around one percent because of unrest, and acknowledged EU sanctions could harm the economy.

 

 

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Austrian OMV seen taking Syrian crude cargo-source

Austrian oil and gas company OMV is expected to take a cargo of Syrian Souedie crude, which it purchased on the spot market last month, an industry source said on Tuesday.

 

 

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Libya’s NTC sees restart Misla, Sarir oil fields soon

Libya’s National Transitional Council expects to restart oil production at the Misla and Sarir oil fields in around 10 days time, the North African country’s new oil minister Ali Tarhouni said on Saturday.

 

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