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  • UK says 5 Britons are being held by Iran after their yacht was intercepted, oil prices spike 1 Dec 2009 02:33 GMT
    ... demanding a halt to its nuclear program. Oil prices spiked 2 per cent to $77.45 a ... which is just off the coast of Saudi Arabia, and Dubai, on the southeastern tip ...

  • Now With Foothold in Iraq, Oil Companies Look to the Future (Today) 1 Dec 2009 07:32 GMT
    ... Now With Foothold in Iraq, Oil Companies Look to the Future By TIMOTHY ... companies are finally gaining access to Iraq's petroleum reserves. But they are doing so at ... with the neighboring oil giants Iran and Saudi Arabia. Adding to those strains, development rights ...

  • Now With Foothold in Iraq, Oil Companies Look to the Future 1 Dec 2009 02:50 GMT
    ... Mobil Upstream Ventures Ltd., left, with Iraq's oil minister, Hussain al-Shahristani, center, and an oil ... with the neighboring oil giants Iran and Saudi Arabia. Adding to those strains, development rights ... a partnership between and the China National Petroleum Company for Iraq's Rumaila oil field, one ...

  • Crude Oil Trades Above $77 After Rising as Pirates Seize Tanker 1 Dec 2009 01:54 GMT
    ... Dec. 1 (Bloomberg) -- Oil traded above $77 a barrel after rising as ... pirates captured a tanker transporting crude from Saudi Arabia to the U.S. The Institute for ... farther from shore to hijack merchant ships. Oil prices also rose after the U.K. government said ...

  • Somali pirates hijack $20M of oil going to US 1 Dec 2009 00:13 GMT
    ... Somali pirates hijack $20M of oil going to US By KATHARINE HOURELD Associated ... ho) The Greek-flagged tanker - traveling from Saudi Arabia to New Orleans - had no ... global oil markets, said Ben Cahill, the petroleum risk manager at global oil consultancy PFC ...

  • Somali pirates hijack ship with $20M of oil, showing difficulty of protecting supertankers 1 Dec 2009 02:50 GMT
    ... Somali pirates hijack ship with $20M of oil, showing difficulty of protecting supertankers NAIROBI, Kenya ... crude. The Greek-flagged tanker - travelling from Saudi Arabia to New Orleans - had no ... global oil markets, said Ben Cahill, the petroleum risk manager at global oil consultancy PFC ...

  • Pirates hijack $20 million of oil bound for United States 1 Dec 2009 05:58 GMT
    ... Pirates hijack $20 million of oil bound for United States Posted Dec 01, ... crude. The Greek-flagged tanker — traveling from Saudi Arabia to New Orleans — had no ... global oil markets, said Ben Cahill, the petroleum risk manager at global oil consultancy PFC ...

  • Second oil tanker hijacking ominous (Today) 1 Dec 2009 07:32 GMT
    ... might spark NAIROBI, Kenya -- Crews on oil tankers aren't allowed to smoke above deck, ... crude. The Greek-flagged tanker -- traveling from Saudi Arabia to New Orleans -- had no ... on global oil markets, said Ben Cahill, petroleum risk manager at global oil consultancy PFC ...

  • html> head>title>My Way News - Somali pirates hijack $20M of oil going to US)">Somali pirates hijack $20M of oil going to US 1 Dec 2009 00:11 GMT
    ... repel pirates, even this is shunned on oil tankers for fear of triggering a response ... fears raised by the takeover of the Saudi-owned Sirius Star, a hijacking resolved with a ... global oil markets, said Ben Cahill, the petroleum risk manager at global oil consultancy PFC ...

  • html> head>title>My Way News - Somali pirates hijack $20M of oil going to US)">more 1 Dec 2009 00:11 GMT
    ... repel pirates, even this is shunned on oil tankers for fear of triggering a response ... fears raised by the takeover of the Saudi-owned Sirius Star, a hijacking resolved with a ... global oil markets, said Ben Cahill, the petroleum risk manager at global oil consultancy PFC ...

  • Oil ship headed to U.S. hijacked 1 Dec 2009 05:56 GMT
    ... NAIROBI, Kenya -- Crews on oil tankers aren't allowed to smoke above deck, much ... crude. The Greek-flagged tanker -- traveling from Saudi Arabia to New Orleans -- had no ... speed. Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, ...

  • Out of crisis, opportunity 1 Dec 2009 07:24 GMT
    ... in a brave dream: that the Gulf's oil riches would buy rather than produce a great ... other end of the Arabian Peninsula the Saudis laid the cornerstone for the $27 billion ... this decade's seven fat years of record oil prices. It was the time when Emirates Airlines ...

  • Dubai wipes hands clean 1 Dec 2009 05:15 GMT
    ... was the question of how much support oil-rich Abu Dhabi would give its fellow emirate and ... fellow emirate and at what price. With oil prices not expected to drop, cash flow to ... exposure to bad assets. Meanwhile, Taha felt Saudi Arabia and Egypt, and to a lesser ...

  • Iran holds 5 UK nationals after yacht intercepted 1 Dec 2009 00:10 GMT
    ... demanding a halt to its nuclear program. Oil prices spiked 2 percent to $77.45 a barrel ... which is just off the coast of Saudi Arabia, and Dubai, on the southeastern tip ... Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, ...

  • Iran holds 5 UK nationals after yacht intercepted 1 Dec 2009 00:13 GMT
    ... demanding a halt to its nuclear program. Oil prices spiked 2 percent to $77.45 a barrel ... which is just off the coast of Saudi Arabia, and Dubai, on the southeastern tip ... Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, ...


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