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Qatar to proceed with $2 billion refinery in Tunisia

Qatar has revived plans to build a $2 billion oil refinery in Tunisia after years of delays, Qatari and Tunisian officials said on Tuesday, potentially expanding the North African country's refining capacity more than four fold.

May 17, 2012 11:27
 
IPIC signs $850 mln refinancing loan -bankers

IPIC signs $850 mln refinancing loan -bankers

Abu Dhabi's International Petroleum Investment Company has signed an $850 million, three-year syndicated loan with mandated lead arrangers Barcap, BNP Paribas, Bank of America Merrill Lynch, DBS and Standard Chartered, bankers said.

March 4, 2012 10:55
 
Oil producers tell G20 they will help avoid price pain-Italy

Oil producers tell G20 they will help avoid price pain-Italy

Oil-producing members of the Group of 20 leading economies said on Saturday they would take measures to avoid a rise in petroleum prices from hurting the world economy, an Italian government official said.

February 26, 2012 11:30
 
China petroleum firm to set up logistics hub in Dubai

China petroleum firm to set up logistics hub in Dubai

China National Petroleum Corp (CNPC), the country's largest oil and gas producer, is planning a logistics hub in Dubai to minimise possible disruptions from geopolitical risks in the Middle East and North Africa, the China Daily reported on Tuesday.

February 21, 2012 4:37
 

Gulf Keystone not talking to Exxon on $11B sale

Gulf Keystone says no talks on 800p/share bid; Shares hand back some gains after jumping 24 percent; Analysts, dealers doubt bid

December 20, 2011 10:48
 
Qatar Petroleum closes $10.4B Barzan project finance

Qatar Petroleum closes $10.4B Barzan project finance

QP closes Barzan financing with equity, syndicated loan; Project will supply the country's domestic gas needs; First production line to become operational in 2014

December 13, 2011 3:55
 

Qatar Shell in $6.4B petchem plant agreement

Qatar signed a deal with Royal Dutch Shell on Sunday to develop a $6.4 billion petrochemicals complex in the Ras Laffan industrial city in the Gulf Arab state.

December 5, 2011 10:13
 
Gulf Keystone looking to sell itself-paper

Gulf Keystone looking to sell itself-paper

Kurdistan-focused explorer Gulf Keystone Petroleum is looking to sell itself in a deal that could value it at up to 1.4 billion pounds ($2.3 billion), the Sunday Times newspaper reported, citing sources.

August 28, 2011 2:49
 
Oil’s not well: are we reaching the breaking point in the sector?

Oil’s not well: are we reaching the breaking point in the sector?

Something’s gotta give during this week’s OPEC meeting as GCC favours increased production even as global demand falters. Could this stalemate be causing the absence of petrol in the UAE?

June 7, 2011 3:19
 

Apicorp 2010 net profit jumps 62 per cent

Arab Petroleum Investment Corp looks for opportunities in shipping, tank farms, as well as refining and related infrastructure investments as it hopes to double its direct investment portfolio by 2014.

May 9, 2011 1:48
 
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