EU approves oil embargo on Iran

oil-barrel2The European Union (EU) approved an embargo on Iranian oil imports at a meeting of EU foreign ministers in Brussels.

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Unique Maritime Group presents a new vision

Unique_SystemUnique Maritime Group (UMG) is continuing to expand its services and capabilities and the company held a round table to discuss its new regional and international vision 'Strength in Depth'.

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Schlumberger's Q4 2011 earnings jump 36 per cent

Q4_2011_SchlumbergerSchlumberger's Q4 earnings rose by 36 per cent from US$9.07 billion in 2010 to hit US$10.97 billion in Q4 2011.

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Q4 2011 review of Saudi petrochemical companies

Q4_2011_petrol_companies_1 Sabic, PetroRabigh, Petrochem and Sipchem have announced their Q4 2011 financial reports recently. We have provided a round-up of the results.

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Adnoc and CNPC sign MOU on upstream projects

Adnoc_CNPCAbu Dhabi National Oil Company (Adnoc) signed a strategic partnership deal with China National Petroleum Corporation (CNPC) to collaborate in upstream projects in undeveloped areas.

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