Arab Oil & Gas News

Saudi strikes India oil deal after Iran cuts supply

Top exporter Saudi Arabia has struck deals to sell 3 million barrels more oil to India in August, stepping into the vacuum created by regional rival Iran after it cut supply to New Delhi

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Syria, Iraq, Iran Ink Gas Memorandum of Understanding

Syria, Iran and Iraq inked on Monday a memorandum of understanding for the construction of a gas pipeline and transporting Iranian gas across Iraq and Syria to the Mediterranean and Europe.

 

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Qatar to sell liquefied natural gas to Malaysia

Qatar’s state-run Qatargas says it has agreed to sell 1.5 million tons of liquefied natural gas annually to Malaysia, locking in its first major customer in Southeast Asia

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Allaw to Iran for signing the (Islamic Project ) to sign contract to transit natural gas via Iraq, Syria to Europe

in the participation of Eng. Sufian Allaw minister of Oil and Mineral Resources ,Iran, Iraq and Syria will sign a contract for the transit of Iranian natural gas from the country’s South Pars gas field to Europe, the English language satellite Press TV reported on Friday

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Iraq’s al-Ahdab oil field starts production at around 40K barrels per day, official says

An Iraqi oil official says China’s National Petroleum Corp. has begun pumping oil from al-Ahdab oil field in central Iraq

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South Sudan ships first oil cargo

South Sudan has shipped its first independently sold oil cargo from Port Sudan, a former minister said yesterday, despite no final agreement with Khartoum on how to manage the country’s vital industry.

 

 

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Venezuela surpasses Saudi Arabia for world’s biggest oil reserve Read more at: http://www.ndtv.com/article/world/venezuela-surpasses-saudi-arabia-for-world-s-biggest-oil-reserve-120741&cp

Venezuela is now the country with the most proven crude oil reserves on the planet, 296.5  billion barrels, according to the Annual Statistical Bulletin of the Organization of the Oil Exporting Countries

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UAE to donate 3 million barrels oil to Yemen to relieve fuel crisis

The United Arab Emirates has pledged 3 million barrels of oil to Yemen, which faces a fuel crisis due to attacks on a pipeline during widespread political unrest, a Yemeni deputy minister said on Saturday

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Jordan Studying to Import Natural Gas from Iran or Russia

Jordanian Ministry of Energy said it is studying the Iranian offer as one of the options facing Jordan in the wake of the recurrent cut-off of Egyptian gas supplies

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Iraq, Shell to sign $12 bln gas deal

Iraq will sign a final contract with Royal Dutch Shell (RDSa.L)on Tuesday for a $12-billion project to capture flared gas at southern oil-fields, two sources close to the deal said on Sunday

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