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World oil price to double by 2022 - IMF report |
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Wednesday, 16 May 2012 14:45 |
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World oil prices may double in the next decade with a disastrous effect on the global economy according to a report commissioned by the IMF, The Telegraph reported on Tuesday .
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Iran to build 220-km natural gas pipeline to Iraq |
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Monday, 07 May 2012 14:37 |
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Director of Iran Gas Engineering and Development Company said that Iranian local contractors will build a 220-km natural gas pipeline to Iraq, the semi-official Mehr news agency reported Saturday.
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Rosneft, Statoil sign agreement on cooperation in Barents, Okhotsk seas |
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Monday, 07 May 2012 14:36 |
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Russia's Rosneft and Norway's Statoil have signed an agreement on the joint development of offshore deposits in the Barents and Okhotsk seas.
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Oil advances in last hour of trading, reversing decline |
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Monday, 30 April 2012 14:32 |
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Oil rose to the highest level in more than three weeks in New Yorkas the biggest gain in U.S. consumer spending in more than a year and better-than-projected earnings overshadowed lower-than-forecast economic growth.
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Egyptian companies abruptly halt gas exports to Israel |
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Thursday, 26 April 2012 13:53 |
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Two state-run Egyptian energy companies have abruptly ended a gas export deal to Israel, raising questions about the move's legal validity and the political effect on relations between the two countries.
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