Gulf Oil and Gas Newsletter Apr 2006

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Gulf Oil and Gas Newsletters 2006

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Gulf Oil and Gas Newsletter Apr 2006 - 01

5/24/2007 3:00:19 PM

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Gulf Oil and Gas Newsletter Apr 2006 - 01

	NEWS LETTER
	Volume 042006

Middle East Highlights @ GulfOilandGas

Aramco Opens Haradh Crude Increment III
Ali I. Al-Naimi, Minister of Petroleum and Mineral Resources, today participated in the 300,000 barrel-per-day (bpd) Haradh crude increment III opening ceremony held at the plant. In addition to its maximum production capacity of 300,000 bpd of Arabian Light crude, the facility has a gas processing capacity of 140 million standard cubic feet (scf) per day of associated gas. More...

ExxonMobil Signs Agreements for Upper Zakum Oil Field Participation
Exxon Mobil Corporation and subsidiaries have signed agreements with Abu Dhabi National Oil Company (ADNOC) through which ExxonMobil Abu Dhabi Offshore Petroleum Company Limited (EMAD) receives a 28 percent undivided interest out of ADNOC's 88 percent interest in the Upper Zakum Oil Field. More...

Africa Highlights @ GulfOilandGas

New Ultra Deepwater Discovery in Congo
Total announces an oil discovery in the Mer Très Profonde Sud (MTPS) block, located around 180 kilometres southwest of Pointe Noire in Congo. Drilled in 1,970 metres of water to a total depth of 3,370 metres, the Aurige Nord Marine 1 exploration well tested at 4,970 barrels of oil per day. The potential of the well is currently being assessed. More...

Petroceltic Awards Algerian Drilling Contract to Schlumberger
Petroceltic announced the award of a major drilling contract to Schlumberger for the Company’s 2006 drilling programme in Algeria in addition to the execution of a US$25 million underwriting agreement with funds managed by RAB Capital plc, in conjunction with a placing of new ordinary shares of €0.0125 each to new and existing shareholders of the Company. More...

Events @ GulfOilandGas

The 1st Gulf Gas Tech- Abu Dhabi Conference & Exhibition for Gas, Oil & Petrochemical Industries
After the success of "Gas Tech Cairo", 2003 & 2005, we are happy to organize "Gulf Gas Tech- Abu Dhabi" from 28-30 May 2006. We aim to make this event more than an international exhibition and conference. It's the only credible and successful international meeting point for the GCC and Middle East area involving all the leading decision makers in gas, oil, petrochemical industry and mining resources.

China's Refined Oil Distribution and Retail Summit 2006
CHINA’S REFINED OIL DISTRIBUTION and RETAIL SUMMIT 2006 (May 23&24, 2006,Beijing China) is the 2nd episode of China Oil and Gas DIALOGUE 2006 executive events, which are co-organized by Allied Resources Allocator (ARA) and International Petroleum Economics Journal (IPEJ) and supported by the Energy Bureau of NDRC, PRC.

4th Pakistan Oil, Gas & Energy Exhibition & Conference
Aiming at establishing new contacts with the most productive business environment, POGEE provides investors with a definite outlook of the regional industry and an opportunity to meet their prospective counterparts and business partners from all over the world.

Oil Market @ GulfOilandGas

Prospects for Refining Margins (OPEC)
Over the last two years, one of the key drivers in the market has been the persistent tightness in refinery capacity. This has given rise to fears of a shortfall in products and boosted refinery profits, particularly in the wake of Hurricane Katrina in late August 2005. More...

World Oil Supply
World Oil Demand
Balance of Supply/Demand

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