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Iran Fires Gazprom from Azar Oil Field
EHRAN (FNA)- Senior Iranian oil ministry officials announced here on Sunday that they have fired the Russian gas company, Gazprom, from Azar oil field in Western Iran | Oananews
'Iran can export 15m L of diesel daily'
Managing Director of the National Iranian Oil Refining and Distribution Company (NIORDC) Alireza Zeighami says the Islamic Republic is capable of exporting 15 million liters of diesel per day | Presstv
Saudi Aramco-Total $1B Islamic bond oversubscribed
RIYADH, Saudi Arabia (AP) -- Saudi Aramco Total Refining and Petrochemicals Company says it has raised $1 billion for its 400,000 barrel per day refinery project by selling an Islamic bond | Associated Press
Mediterranean gas reserves tension flares
Beneath the seabed of the eastern Mediterranean are natural gas deposits potentially so vast that the economic map of the region is already being redrawn, even as tensions flare | Financial Times
India welcome to explore oil and gas in Vietnam: Vietnam President Truong Tan Sang
HANOI: Unfazed by Chinese threats, Vietnam President Truong Tan Sang today said India and other foreign nations were welcome to explore hydrocarbons in areas within his country's jurisdiction, as he sought to deepen strategic and defence ties with New Delhi | The Economic Times
ConocoPhillips names insiders to head new units
ntegrated oil major ConocoPhillips named two company insiders on Friday to head its oil and gas production and refining units, whose separation is expected to be completed in the second quarter of next year | Reuters
China Cuts Fuel Prices First Time in 2011 to Tackle Inflation
China cut fuel prices for the first time this year after crude oil costs plunged and the government aims to tame inflation | Bloomberg
EU acts amid fears of energy markets abuse
European ministers are expected on Monday to endorse new rules to curb potential abuses in the continent’s fast-growing energy markets, including insider trading | Financial Times
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