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3rd Basra International Oil & Gas show concluded on a high...

6- 9 December 2012 Basra International Fair Ground, Al Maqal Port / Basra, IRAQ The 3rd Basra International Oil & Gas, organized by Expotim International...

Growing M&A interest in MENA Oil and Gas industry

Deloitte whitepaper tackles issues facing potential investors in MENA Oil & Gas industryGlobal Oil and Gas transactions have suffered a modest decline in both...

Exploration, development spending fuels growth in worldwide oil and gas reserves

As a result of growth in Asia-Pacific gas reserves, investments in Canada’s oil sands and the dramatic increase of US shale reserves, worldwide oil...

Oil prices as fall below $89 per barrel

Worries about the U.S. economy following the release of a disappointing manufacturing report sent oil prices lower Tuesday. At the New York Mercantile Exchange Benchmark...

Oil advances on escalating Gaza conflict

Price of Brent crude reached almost $110 per barrel today, while the growing tension turned into violence between Palestine an Israel. This brought uncertainties...

Gulf gas production has much bigger potential

Public-private partnerships key to expanding production and sustaining economic growth, says World Economic Forum Energy Security Council member Addressing fellow members of the World Economic...

Oil prices rise on Middle East uncertainty

Investors worry over supply while weak dollar boosts crude-oil prices Oil futures moved up during European trading hours on Monday, because investors are concerned about...

Goldman Sachs forecast slightly lower oil prices

Influential oil analysts at investment bank Goldman Sachs sees lower oil prices for 2013 and 2014. In its  Thursday note to investors, the investment...

International speakers to discuss Iraqi energy market

Experts from across the industry take part in Basra Oil & Gas International Exhibition & Conference Internationally acclaimed experts from across the oil and gas...

MENA oil exporters’ growth to increase in 2012

The oil exporting countries of the Middle East and North Africa are expected to see economic growth accelerate in 2012 to 6.6 percent. The...

High Oil Prices will constrain Economic Growth

During the last century, cheaper oil prices gave a boost to global economic growth. However, during the last decade, prices for oil surged, and...

Finalists shortlisted for ADIPEC 2012 Awards

ADIPEC jury selects finalists from a pool of over 170 high-calibre candidates After weeks of deliberation, the ADIPEC Awards Regional Select Jury (RSJ), has shortlisted...

Improved economic outlook triggers higher oil prices

Ahead of reports forecast indicating an improving U.S. economy outlook, oil trades near the highest close in four months. Futures went through a slight change...

Basra Oil & Gas International Conference & Exhibition Preview

Basra International Fair Ground With proven reserves of around 143 billion barrels, Iraq has the third largest reserves in the world situated across 79 oil...

Oil prices to surpass $150 by 2020

Bernstein Research reported on Tuesday that oil prices are expected to increase from 2015 onwards, topping $150 a barrel in 2019 and 2020. According...

UAE oil & gas companies eye up investment in Basra

UAE exhibitors to take firm role at international event in Basra as opportunities in Iraq continue to increase The UAE’s oil and gas industry is...

EIA expects oil to reach $103 a barrel till year end

The Energy Information Administration of the Department of Energy predicts that the Brent crude oil spot price will reach about $103 per barrel during...

Brent crude oil rose to around $114 per barrel

Deficit in North Sea supply makes oil prices to increase above $114 According to the forecasts North Sea supply deficit will ease when maintenance ends...