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  • UAE-says-sanctions-hurting-trade-with-Iran

    UAE to boost oil production capacity to 3 million barrels per day in 2012

    The United Arab Emirates (UAE) is on track to expand its crude oil production capacity to 3 million barrels per day (bpd) by the end of the year, two industry sources said on Tuesday.

    August 28, 2012 6:41
  • No offers on oil block 11 in Iraq energy bids-government

    Enoc, Aldrees team up for Saudi fuel forecourts

    Emirates National Oil Co (Enoc) has teamed up with Saudi fuel retailer Aldrees to build at least 40 service stations in the kingdom, the companies said on Tuesday, in a deal the Dubai-government owned retailer hopes can recover some of its losses at home.

    August 28, 2012 6:40
  • Iraq's terms deter oil, gas explorers at auction

    Turkey, Iraq differ on whether oil exports resumed

    The flow of crude oil on a link carrying about a quarter of Iraq's total exports has resumed on one of two pipes after a fire shut it down, Turkish Energy Minister Taner Yildiz told Reuters on Tuesday.

    August 28, 2012 6:39
 
 
  • Turkey's Ceyhan export terminal

    Fire shuts Iraqi crude oil pipeline to turkey

    A fire on a pipeline carrying about a quarter of Iraq's oil exports forced the closure of the link on Monday and halted loading at Turkey's Ceyhan export terminal, security and shipping sources said on Monday.

    August 27, 2012 5:11
  • Oil

    Oil Adds 1 Pct On Euro Zone Hopes, Tight Supply

    M. East tensions, North Sea supply crunch support prices; U.S. crude inventories rose 100,000 bbls last week

    August 22, 2012 5:44
  • Iran-oil-sanctions

    Iran Looks To Armenia To Skirt Bank Sanctions

    Iran increasingly isolated, feeling sting of sanctions; Diplomats: Iran interested in expanding banking in Armenia; UAE, Turkey still key for Iran banks, but less welcome; Armenia denies illicit banking links to Iran

    August 22, 2012 5:42
 
  • Iran buys Wheat supply

    Iran makes big discreet Wheat buy

    Iran has in the past exported wheat but the trade sanctions were imposed after a bad harvest, forcing the country to quietly enter global markets and make substantial wheat purchases to help feed its large population

    August 22, 2012 8:47
 
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