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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
 
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