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Latest Bahrain Mideast Oil News

  • Stocks sag on economic uncertainty 12 May 2008 03:59 GMT
    ... SINGAPORE (Reuters) - Stocks fell on Monday, weighed ... health of the U.S. economy and surging oil and commodity prices, while Japanese exporters felt ... record high of $126.27 hit on Friday. Middle East violence is the latest factor to raise ...

  • Who is really running Russia? 12 May 2008 03:36 GMT
    ... 20 per cent of the world’s natural gas reserves, and at least 7 per cent of proven oil reserves, some 75 billion barrels. However, Russia’s huge ... world energy through its domination of the Mideast. Now, Russia is challenging America’s Oil Raj and ...

  • China's Chalco Saudi project expansion to exploit low energy costs - official 12 May 2008 03:35 GMT
    ... China's Chalco Saudi project expansion to exploit low ... the cost advantages of both power and petroleum in the country are quite attractive, even ... important production base for us in the Middle East, but we are keeping our eyes ...

  • UPDATE 1-Oil services firm Miclyn plans S'pore IPO-source 12 May 2008 03:25 GMT
    ... (Please click on for a Singapore IPO ... detail, background) SINGAPORE, May 12 (Reuters) - Oil services firm Miclyn Express Offshore plans to ... offshore oil and gas industry in the Middle East, Southeast Asia, India and Australia, according to ...

  • Chiyoda Awarded Onshore FEED & Execution Planning Order for the Barzan Project in the State of Qatar 12 May 2008 03:16 GMT
    ... YOKOHAMA, Japan, May 11, 2008 (BUSINESS WIRE) -- ... Qatar and under the responsibility of Qatar Petroleum. RasGas Company Limited (RasGas) will direct (oversee) ... Projects, on a global basis including the Middle East, Russia and South East Asian, Africa ...

  • Dozens of nations want to go nuclear 12 May 2008 03:15 GMT
    ... VIENNA, AUSTRIA - At least 40 developing countries ... with ready access to huge stocks of oil or natural gas, such as Kuwait, Saudi ... will have a proliferation problem in the Middle East, and it will be even worse in ...

  • PetroChina, Venezuela's PDVSA to build JV refinery in southern China 12 May 2008 03:15 GMT
    ... > > > PetroChina, Venezuela's PDVSA to build JV refinery in ... BEIJING (XFN-ASIA) - PetroChina, the country's top oil and gas producer, has entered into a ... of the largest oil reserves outside the Middle East. In August 2006, PetroChina parent CNPC agreed ...

  • Oil steady above US$126, Middle East violence supports 12 May 2008 03:04 GMT
    ... PERTH: Oil hovered close to record levels above US$126 ... on May 12 as violence in the Middle East heightened worries of supply disruptions in the ...

  • Oil steady above $126 amid Middle East worries 12 May 2008 02:30 GMT
    ... Oil steady above $126 amid Middle East worries PERTH, Australia -- Oil hovered close to record levels above $126.00 a barrel ...

  • HBTF posts Q1 profits of JD42.2m 12 May 2008 02:30 GMT
    ... Chairman of the Housing Bank for Trade and ... the leading mobile telecommunications operator in the Middle East and Africa, announced the appointment of Dr ... Shatti sat on many committees within the oil industry including heading the Petroleum Sector Team ...

  • Thai stocks seen rangebound, Banpu, EGCO, TUF in focus 12 May 2008 02:28 GMT
    ... BANGKOK, May 12 (Reuters) - Thai stocks are ... energy firms, including Banpu BANP.BK, but firmer oil prices may prompt selling of petrochemical firms, ... MARKET SUMMARY > Oil steady above $126, Middle East violence supports [O/R] > Wall St Week ...

  • Oil services firm Miclyn plans $200 mln S'pore IPO-source 12 May 2008 02:25 GMT
    ... (Please click on for a Singapore IPO ... IPO diary) SINGAPORE, May 12 (Reuters) - Oil services firm Miclyn Express Offshore plans to ... offshore oil and gas industry in the Middle East, Southeast Asia, India and Australia, according to ...

  • US intensifies its control over Pakistan's new civilian government 12 May 2008 02:10 GMT
    ... Join the struggle to keep Media Monitors Network (MMN) ... well as the Persian Gulf and the Middle East. If the Americans take control of the ... to the Persian Gulf and Middle Eastern oil. Gwadar is also an important access route ...

  • Venezuela and China boost ties with refinery deal 12 May 2008 01:50 GMT
    ... Venezuela and China have agreed to build a ... a refinery in China to process Venezuelan oil, advancing President Hugo Chavez's push to boost ... of the largest oil reserves outside the Middle East. China this year lent $4 billion to ...

  • United, US Airways fly closer to merger 12 May 2008 01:15 GMT
    ... United, US Airways fly closer to merger May ... estimated $10.71 per share, at the current oil prices, according to a research report published ... could include global alliance partners or a Middle East-based sovereign fund. While United planned to borrow ...

  • Oil steady above $126 12 May 2008 00:59 GMT
    ... PERTH (Reuters) - Oil hovered close to record levels above $126 ... barrel on Monday as violence in the Middle East heightened worries of supply disruptions in the ...

  • China's energy security moves it closer to the Middle East 12 May 2008 00:15 GMT
    ... Energy consumption in China is growing as fast as ... economy. China has changed from a net oil exporter to a net oil importer. In ... Of that, 60 percent comes from the Middle East. Saudi Arabia, Iran, Qatar and Sudan are ...

  • Interview - Barclays banks on rising star Sarwar's local knowledge of Asian community 12 May 2008 00:00 GMT
    ... SAFTAR Sarwar, a rising star of Barclays' growing wealth ... wealth, in the UK and in the Middle East, and the influence it has on banking. ... weapons. Sharia-compliant investments do not rule out oil and gas as an asset class – ...

  • Bush heads to Middle East amid dark omens 12 May 2008 00:00 GMT
    ... Bush heads to Middle East amid dark omens DARK OMENS: Bush, pictured, ... past few months, but because of the turmoil in Israel over the past few days. ...

  • Densely populated countries will alter global food equation 10 May 2008 22:37 GMT
    ... May 10, 2008 (Chicago Tribune - McClatchy-Tribune News Service ... food crisis span the globe, from sky-high oil prices in the Middle East to the diversion of crops from food ...

  • Oil, corn prices still popping: Questions grow about a bubble for commodities 10 May 2008 22:07 GMT
    ... May 10, 2008 (Chicago Tribune - McClatchy-Tribune Information Services ... years, the price of a barrel of oil or a bushel of corn would rise ... you go around the world, the entire Middle East is operating on highly subsidized oil and ...

  • Oil Prices Are Up and Politicians Are Angry. Yawn. 10 May 2008 22:07 GMT
    ... There is seemingly no more combustible mix than high oil prices and a hotly contested election. With ... bent on crippling its oil industry. The Middle East is mired in familiar crises and conflicts. ...

  • appointment of andrew rose as chief financial officer 10 May 2008 19:00 GMT
    ... Gulfsands Petroleum plc (AIM: GPX) (“Gulfsands”, “the Group” ... (“Gulfsands”, “the Group” or “the Company”), the oil and gas production, exploration and development company ... head of Corporate Finance for Eastern Europe, Middle East and Africa at Societe Generale. It is ...

  • Oil passes $120 a barrel 10 May 2008 18:55 GMT
    ... Saturday, May 10, 2008 | 12:02 PM Oil futures surged to a new record over ... traders worry that any conflict in the Middle East will cut oil shipments out of Iraq. ...

  • White House Memo: As Bush Term Wanes, Mideast Peace Appears as Elusive as Ever 10 May 2008 18:04 GMT
    ... WASHINGTON — The 2008 race for the White ... may extend all the way to the Middle East. leaders committed themselves to peace talks after ... keen interest in is the price of oil — a topic that created some embarrassment ...


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