Dec 14, 2010
This generation of doomsayers have not addressed incorrect predictions of apocalypse, nor why this time warnings are more credible. Read Article Peak in oil demand will be the genuine wolf at the door
Dec 15, 2010
Afghanistan's first oil contract could net the strife-ridden nation some $12 million per year in revenue as it prepares to restart crude production from its Angot field.
Read Article Afghanistan awards first oil deal
Dec 16, 2010
Classified US document released by WikiLeak suggest Hugo Chavez was extremely upset with Chinese for diverting oil to other countries that Venezuela had sold cheaply to Beijing. Read Article China 'resold $5-a-barrel Venezuelan oil at a profit'
Dec 17, 2010
Eight other companies named in lawsuit alleging safety violations in incident that killed 11 workers on platform Read Article US sues BP for unlimited damages over Gulf oil disaster
Dec 21, 2010
Kuwait Oil Company (KOC), the state oil and gas operator, is aiming to clean up the nation's toxic oil lakes to repair environmental damage from the 1990-91 Gulf War. Read Article Kuwait to clean up toxic oil lakes
Dec 21, 2010
As its private sector continues to recover Saudi Arabia is reining in stimulus measures by cutting its expenditure next year. Read Article Saudi Arabia cuts spending to rein in stimulus
Dec 24, 2010
The appointment of the new oil minister is seen as a positive move towards resolving the disputes between the Kurdish Regional Government and the central government of Iraq, which would bode well for the Sharjah gas company. Read Article Sharjah gas company hopeful with Iraqi oil minister
Dec 24, 2010
Oil trading at two-year highs above US$90 a barrel helped to stoke investor confidence and push the UAE's two main bourses higher. Read Article Oil gives UAE bourses a boost
Dec 24, 2010
Oil climbs to a two-year high of more than $91 a barrel in New York with cold weather demand depleting the reserves. Read Article Oil hits two-year high to cap rally
Dec 24, 2010
Some consumers said they fear a rally above $100 per barrel would spur inflation. Read Article No plan for production boost by OPEC as oil nears two-year high
