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Mon, 23 Nov 2009 | 07:01 GMT
 
Top Oil & Gas News

  • Wassit's oil products branch receives 19 fuel tanks


    The Oil Products Branch in Wassit province received on Sunday the 19th new tanks to carry oil derivatives to the al-Kut warehouses, according to the branch director. Aswat Aliraq - 23Nov 06:18GMT
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  • Oil above $78 in Asian trade


    Oil prices moved above $78 a barrel in Asian trade Monday as a weaker US dollar helped boost demand, analysts said. AFP - 23Nov 04:54GMT
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  • Iraq's oil exports in Oct. reach 58.2m barrels


    Iraq exported 58.2 million barrels of crude oil in October 2009, making a total revenue of $4.187 billion U.S. dollars, the Iraqi Ministry of Oil said. Aswat Aliraq - 22Nov 12:21GMT
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  • Floating oil storage increases


    Even as the stocks of oil on land have been declining, the stocks on high seas have registered a constant increase, said analysts. Emirates Business 24/7 - 22Nov 06:39GMT
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  • Iraq expansion and IEA call may stifle oil prices


    Oil prices could be stifled in the long term by massive expansions in Iraq's hydrocarbon output capacity and the latest call by International Energy Agency (IEA) to cut crude consumption, an energy centre said. Emirates Business 24/7 - 22Nov 06:05GMT
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  • President al-Assad Inaugurates South Central Area Gas Plant and First Stage of Arab Gas Line


    President Bashar al-Assad inaugurated on Wednesday the South Central Area's gas plant and the first stage of the Arab Gas Line project in Homs.President al-Assad toured the various sections of the project. The President then held a meeting with head... SANA (Syria Arab News Agency) - 22Nov 05:33GMT
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  • Carbon emissions could rack up $4.5tr in losses


    Loss in human welfare benefits due to high carbon emission equates anywhere between $2 to $4.5 trillion annually — much higher than the total loss in global financial crisis, a top expert said yesterday. Gulf News - 22Nov 05:01GMT
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  • Iran: $4B For Yadavaran Jofeir Development


    The Iranian government approved the development of Yadavaran and Jofeir oilfields as buy-back schemes worth $4.071 billion by China's Sinopec and Belarusian Belarusneft in order to produce 110,000 barrels of oil per day. Iran Daily - 21Nov 10:57GMT
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  • Turkey Plans to Redirect Iran Gas


    A member of Majlis Energy Commission announced that Turkey is seeking to deliver Iran's natural gas to the EU via the Nabucco gas pipeline. Iran Daily - 21Nov 10:57GMT
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  • Extra large gas tanker Al Musanaa inaugurated


    Oman's extra large gas tanker Al Musanaa was inaugurated during a ceremony here yesterday as part of the Sultanate's celebrations of the 39th National Day. Oman Daily Observer - 21Nov 06:57GMT
  •  
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Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Abu Dhabi Oil Refining Company UAE Oil
Egyptian General Petroleum Corporation Egypt Oil
Dubai Natural Gas Company UAE Gas
Emirates National Oil Company UAE Oil
Abu Dhabi National Oil Company UAE Oil
Saudi Arabian Oil Company Saudi Arabia Oil
National Oil Corporation - Libya Libya Oil
Rabigh Refining and Petrochemical Company Saudi Arabia Petrochemicals
Abu Dhabi Polymers Company UAE Petrochemicals
PetroDar Operating Company Sudan Oil
 

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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)
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596 members in Oil & Gas
 
Market Metrics
 
ICE Brent $/bbl
77.20
NYMEX WTI $/bbl
77.47
Dubai Crude ($/bbl)
77.74
OPEC Basket $/bbl
76.77
Nat. Gas $/MMBtu
4.42
Products
 
ICE Brent (Futures)
BRI-
Pct Change
0.00%
Net Change
0.00
YTD Change
+ 92.28%
» Charting 06:50 GMT 22Nov
NYMEX WTI (Futures)
NYMWTI-
Pct Change
0.00%
Net Change
0.00
YTD Change
+ 73.70%
» Charting 05:50 GMT 22Nov
NYMEX Dubai Crude (Futures)
DUB-
Pct Change
 - 0.49%
Net Change
 - 0.38
YTD Change
+ 91.81%
» Charting 22:40 GMT 20Nov
OPEC Reference Basket
OBP-
Pct Change
 - 1.41%
Net Change
 - 1.10
YTD Change
+ 102.35%
» Charting 11:18 GMT 19Nov
NYMEX Nat. Gas (Futures)
NYMNGS-
Pct Change
0.00%
Net Change
0.00
YTD Change
 - 21.31%
» Charting 06:50 GMT 22Nov
NYMEX (¢/gal)
Heating Oil
203.89
 22Nov05:50
Unleaded
197.00
 22Nov05:50
Propane
98.69
 20Sep21:50
 
ICE ($/MT)
Gas Oil
631.25
 22Nov06:50
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Benefits And Drawbacks
As oil pushes above the Organisation of Petroleum Exporting Countries $70-$80 price band, how will it impact the global economy when it is in dire need of a fast recovery?
 
 
Iran
Cutting Off Subsidies
Together with Qatar, Iran sits on the world's largest natural gas field, yet it is a net gas importer, bringing in volumes piped from Turkmenistan and Turkey.
 
 
Reversal Of Fortune
After an initial rights auction that drew a tepid response at best, the war-torn nation has unleashed a flood of recent agreements to develop massive crude and gas fields. The chance to discover more reserves has international firms chomping at the bit.
 
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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 64,395
2 Industries Qatar Qatar 17,388
3 Rabigh Refining and Petrochemical Company Saudi Arabia 8,572
4 Saudi Arabian Fertilizer Company Saudi Arabia 7,666
5 Saudi Kayan Petrochemical Company Saudi Arabia 7,199
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