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Iraq OKs $998M oil contract with Samsung

Iraq OKs $998M oil contract with Samsung

Winning company to build crude facilities in W.Qurna 2; Duration of $998 mln contract is 31 months; Production expected to reach 150,000 bpd by Jan 2013

January 25, 2012 2:08
 

DNO shareholders back merger with RAK

Norwegian-Dubai tie-up approved by 76 percent of voting shares; "Strong endorsement", says man who chairs both companies; Deal likely to close in January; DNO shares rise 2.13 percent as Oslo bourse plunges

November 2, 2011 11:57
 
Norwegian Bank to finance up to $4B LNG ship orders

Norwegian Bank to finance up to $4B LNG ship orders

The tripling cost of chartering LNG vessels to $110,000/day and the likes of Qatar and Peru offering new supplies indicate that the shipping sector could be an investment safe haven.

August 11, 2011 11:58
 

Oil above $124 as Libya conflict hits fields, Nigeria polls postponed and in Japan aftershock

Brent hits 32-month high on Libya oil attacks; Middle East unrest adds $20-25 oil premium; Analysts warn signs of demand destruction emerging

April 8, 2011 12:24
 
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