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Sun, 08 Nov 2009 | 23:48 GMT
 
Top Oil & Gas News

  • Pearl GTL project a step closer to completion


    The last of 24 giant Heavy Paraffin Synthesis reactors has been installed at the Pearl Gas to Liquids (GTL) project, under development by Qatar Petroleum (QP) and Shell in Ras Laffan Industrial City. The Peninsula - 08Nov 06:46GMT
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  • Stress in credit, money markets has abated: CBO


    The oil and gas sector continues to play a predominant role in the overall economic performance of Oman accounting for over 50 per cent of nominal gross domestic product (GDP), almost 80 per cent of net fiscal revenue and around 75 per cent of export earnings, Central Bank of Oman (CBO) Chief Executive Officer Hamoud bin Sangour Al Zadjali said. Times of Oman - 08Nov 06:33GMT
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  • UAE: Raise in output not on agenda


    UAE Oil Minister Mohammed Al Hamli said yesterday that raising oil production was not currently on the agenda for OPEC. 7Days - 08Nov 06:13GMT
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  • $3.8b Needed for Gasoline Import in Iran


    Iran needs an additional $3.8 billion to pay for gasoline imports until March 2010 and experts have proposed cutting the subsidized quota of the fuel this winter, a senior official said. Iran Daily - 08Nov 05:36GMT
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  • Halliburton wins drilling contract in Saudi Arabia


    Halliburton has been awarded the integrated turnkey drilling contract in South Ghawar. Located 200km from the city of Dhahran, the Ghawar field is the world's largest oil field and the contract would involve work in Uthmaniyah, Haradh, Hawiyah and Shedgum. Emirates Business 24/7 - 08Nov 05:29GMT
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  • Petrochem industries see revenues rise 15.2% in Q3


    Profitability of petrochemical industries in the Gulf rose by 51.8 per cent in the third quarter as revenues grew 15.2 per cent, according to a study by the Global Investment House (GIH). Emirates Business 24/7 - 08Nov 05:27GMT
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  • Yemen joins gas exporter club


    Yemen, one of the world's poorest countries, joined the international club of gas exporters Saturday with pumping starting at a newly built liquefied natural gas plant in the Gulf of Aden. AFP - 08Nov 04:55GMT
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  • Yemen Starts LNG Exports From New Plant


    Yemen began exporting liquefied natural gas (LNG) from its newly built LNG plant in Balhaf on the Gulf of Aden on Saturday, with the first shipment destined for South Korea. AFP - 07Nov 09:43GMT
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  • Oman's Oil Exports In First 8 Mos Of 09 Up 10.1%


    The Sultanate's total exports of crude oil stood at 158.313 million barrels during the first eight months of 2009, against 143.528 million barrels during the corresponding period of 2008, constituting a 10.1 per cent rise. Times of Oman - 07Nov 08:27GMT
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  • Iran, Pakistan Linking Up


    For most of 2009, a pipeline deal involving Iran, Pakistan and India has been stalled. However, recent indicators suggest a new version of the pipeline could get moving again. Iran Daily - 07Nov 08:15GMT
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Research     

Alexandria Mineral Oil Company
Naeem Holding - 08 Nov 2009

Naeem maintains its HOLD recommendation on AMOC with a target price of EGP 46, representing an 18% upside potential to the market price of EGP 38.99. The company is expected to achieve FY10 net profit of EGP 610 million, compared to EGP 460 million for FY09. The stock is currently trading at a PE of 62x for FY10.



 
 
 
 
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Calendar

 EntityEvent 
01Nov Organized by dmg world media Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) (4 days from 01-04 Nov 2010)
04Oct Organized by PennWell Corporation POWER-GEN Middle East 2010 (3 days from 04-06 Oct 2010)
03Oct Organized by Riyadh Exhibitions Company Saudi Build 2010 (4 days from 03-06 Oct 2010)
07Jun Organized by BME Global WEPOWER 2010 (4 days from 07-10 Jun 2010)
25May Organized by Al-Iktissad Wal-Aamal Arab International Industrial Forum (4 days from 25-28 May 2010)
» More
 
 
 
 
Zawya Network
581 members in Oil & Gas
 
Market Metrics
 
ICE Brent $/bbl
76.48
NYMEX WTI $/bbl
78.06
Dubai Crude ($/bbl)
78.95
OPEC Basket $/bbl
77.45
Nat. Gas $/MMBtu
4.63
Products
 
ICE Brent (Futures)
BRI-
Pct Change
+ 0.80%
Net Change
+ 0.61
YTD Change
+ 90.49%
» Charting 23:40 GMT 08Nov
NYMEX WTI (Futures)
NYMWTI-
Pct Change
+ 0.81%
Net Change
+ 0.63
YTD Change
+ 75.02%
» Charting 23:40 GMT 08Nov
NYMEX Dubai Crude (Futures)
DUB-
Pct Change
+ 0.33%
Net Change
+ 0.26
YTD Change
+ 94.79%
» Charting 22:50 GMT 06Nov
OPEC Reference Basket
OBP-
Pct Change
 - 0.19%
Net Change
 - 0.15
YTD Change
+ 104.14%
» Charting 12:17 GMT 05Nov
NYMEX Nat. Gas (Futures)
NYMNGS-
Pct Change
+ 0.81%
Net Change
+ 0.04
YTD Change
 - 17.61%
» Charting 23:40 GMT 08Nov
NYMEX (¢/gal)
Heating Oil
201.45
08Nov23:40
Unleaded
193.19
08Nov23:40
Propane
98.69
20Sep21:50
 
ICE ($/MT)
Gas Oil
622.00
08Nov23:30
All times expressed in GMT
 
 
 
 
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Oil and Gas Tenders Due Date
First Project EF/1713 : Construction of Oil and Gas Pipelines at Mina Al Ahmadi To Subiya and Doha Power Stations Second Project EF/1760 : Construction of Pumping Station and Oil and Gas Pipelines at Mina Al Ahmadi To Al Zoor and Shuaiba Power Stations 07Feb10
INTEGRATED SECURITY SYSTEM FOR ALL KOC FACILITIES 24Nov09
Shah Gas Field - Offsite Package 31Dec09
SUPPLY & COMMISSION - HARBOUR SCAVENGER CRAFT FOR ANTI-POLLUTION. 08Nov09
SSO PROJECT FOR QP 08Nov09
Bidding call for award of exploration and exploitation hydrocarbons perimeters. 20Dec09
Provision of Catering Services and Related Services for KPC Employees Training Program - KUWAIT PETROLEUM CORPORATION 01Dec09
Shah Gas Field - Development Package 31Dec09
Installation, Operation & Maintenance of Internet Service & Communication Lines - KUWAIT PETROLEUM CORPORATION 09Nov09
Qarn Alam Power Station Phase 3 21Nov09
Prequalification for Off-Plot Delivery Contract (ODC) 31Dec09
CALL-OFF CONT FOR MACH., BAL. & METAL SPRAY AT QP VARI. LOCS 22Nov09
Installation, Operation & Maintenance of Integrated Security System for all company facilities consisting of Two Parts, Part A: Installation and Part B: Provision of Support, Operation & Maintenance 27Nov09
Foodstuff Supply - KUWAIT PETROLEUM CORPORATION 08Nov09
Mabruk Oil Operations (MOO) invites interested local and international companies (or their representatives) specialized in providing Drilling Fluids Services to submit to MOO their completed Pre-qualification documents, for evaluation and preparation of a bidders list, as MOO intends shortly to issue a Call for Tender for Drilling Fluids Services for its Offshore Al-Jurf Oil Field. 31Dec09
Engineering, Supply and Construction Works for 4th Petroleum Liquid Gas at Mina Ahmadi Refinery 13Dec09
IMPLEMENTATION OF MISC. PLANT CHANGE REQUESTS(PCRS) at HALUL 15Nov09
Off Plot Construction Contract for Amal Steam Surface Facilities 07Feb10
Supply of Computers and Provision of Technical Support Package - Kuwait Petroleum Corporation 13Dec09
SUPPLY & COMMISSION - TRAILERISED AIR CONVEYANCE SYSTEM FOR OIL SPILL OPERATION. 09Nov09
 »  More Tenders
 
 
Zawya Select
ZawyaSelect
Qatar
Fueling Growth
Qatar should enjoy impressive real GDP growth thanks to the doubling of its gas capacity between 2008 and the end of 2010.
 

 
Libya
Return to Nationalism?
In a series of worrying signs for investors the resignation and then reninstatement of Shokri Ghanem, the head of Libya's National Oil Corporation, has left question marks on who controls the industry.
 

 
Economy & Politics
Budget prospects
The recent surge in crude prices could allow Gulf crude producers to escape their first fiscal deficit in nearly seven years despite a sharp increase in public spending because of the global economic turmoil, according to analysts.
 
 
Company Ranking
Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Saudi Basic Industries Corporation Saudi Arabia 65,795
2 Industries Qatar Qatar 16,465
3 Rabigh Refining and Petrochemical Company Saudi Arabia 8,876
4 Saudi Kayan Petrochemical Company Saudi Arabia 7,739
5 Saudi Arabian Fertilizer Company Saudi Arabia 7,666
» View Full List
 
 
Related Information
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