http://www.zawya.com/middle-east/oil-gasen-usCopyright 2012 Zawya Ltd. All rights reserved.Wed, 16 May 2012 04:01:00 GMT5014476http://www.zawya.com/middle-east/oil-gashttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story/Vopak_Horizon_boosts_storage_capacity-ZAWYA20120516040130/Vopak Horizon Fujairah, a joint venture between Royal Vopak, Horizon Terminals- wholly owned by Emirates National Oil Company (Enoc), the Government of Fujairah and Kuwait's Independent Petroleum Group, marked the opening of its sixth phase.Wed, 16 May 2012 06:54:57 GMTKhaleej Times ZAWYA20120516040130Openhttp://www.zawya.com/story/Dana_Gas_firstquarter_profit_soars_124_on_higher_oil_price-ZAWYA20120516040255/Dana Gas's profit grew 124% in the first quarter to AED 206 million on higher oil prices. Wed, 16 May 2012 05:58:31 GMTKhaleej Times ZAWYA20120516040255Openhttp://www.zawya.com/story/Irans_petrochemical_output_projected_to_increase_by_8_million_tons_by_March_2013-ZAWYA20120516033000/Nine petrochemical projects will be implemented in the current Iranian calendar year (began on March 20), which will boost the country's output by 8 million tons.Wed, 16 May 2012 05:43:16 GMTTehran Times ZAWYA20120516033000Openhttp://www.zawya.com/story/UAE_to_join_worlds_12_largest_gas_suppliers-ANA20120515T132710ZABN76/The UAE announced on Tuesday it will join leaders of the world's biggest gas suppliers in the Gas Exporting Countries Forum, state news agency WAM reported.Tue, 15 May 2012 14:56:08 GMTAFP ANA20120515T132710ZABN76Openhttp://www.zawya.com/story/قطر_المكان_الأمثل_لشراكات_مؤسسات_النفط_العالمية_والوطنية-ZAWYA20120515122050/دخلت قطر للبترول في شراكة مع إكسون موبيل، ومع أكثر من اثنتي عشرة شركة نفط عالمية وشركة بتروكيماويات.Tue, 15 May 2012 13:43:25 GMTAl Arab ZAWYA20120515122050Openhttp://www.zawya.com/story/Jadwa_Global_factors_derail_TASI_momentum_May12-pdf_150512133635/The fall in the TASI over the past month or so has been primarily due to global factors. First quarter earnings were reasonable and domestic fundamentals are strong, so we retain our end year forecast of 8,050.Tue, 15 May 2012 13:26:00 GMTJadwa Investment pdf_150512133635Openhttp://www.zawya.com/story/Kuwait_Energy_reports_record_net_profit_of_USD348_million_for_2011_up_589-ZAWYA20120515112843/Kuwait Energy plc, one of the fastest growing independent oil and gas companies in the Middle East, announced its financial and operational results for the year 2011 during its annual meeting of shareholders. Tue, 15 May 2012 12:52:49 GMTPress Release ZAWYA20120515112843Openhttp://www.zawya.com/story/Borouge_sees_strong_demand_in_China_India-ZAWYA20120515042605/Borouge, a leading provider of innovative, value creating plastics solutions, sees strong growth opportunities in China, India and South East Asia due to strong demand for its products in infrastructure, construction and packaging industries, its senior official said.Tue, 15 May 2012 11:16:30 GMTKhaleej Times ZAWYA20120515042605Openhttp://www.zawya.com/story/BMI_Middle_East_and_Africa_Oil_and_Gas_May12-pdf_150512085021/BMI View: The oil market will once again be tight in 2012, though the pressure should ease towards the latter half of the year as production starts to catch up with demand. This supply tightness has contributed to elevated oil prices and a high level of price volatility since 2010, which we expect to see again in 2012.Tue, 15 May 2012 08:47:00 GMTBusiness Monitor International Limited pdf_150512085021Subscriptionhttp://www.zawya.com/story/Oil_falls_near_5month_low_on_Saudi_price_call-ZAWYA20120515044801/Crude-oil futures fell 1.4% to a fresh 2012 low below USD 95 a barrel as Saudi Arabia's oil minister said prices should decline further and amid mounting worries about the state of Greece's economy.Tue, 15 May 2012 08:25:00 GMTThe Saudi Gazette ZAWYA20120515044801Openhttp://www.zawya.com/story/نمو_حجم_التبادل_التجاري_بين_الإمارات_وإيطاليا_بنسبة_26_في_المائة_عام_2011-WAM20120514210000312/حجم التبادل التجاري بين الإمارات وإيطاليا قفز خلال عام 2011 إلى 6ر21 مليار درهم "6ر4 مليارات يورو" .Tue, 15 May 2012 07:31:36 GMTWAM (Emirates News Agency) WAM20120514210000312Openhttp://www.zawya.com/story/الجزائر_تشرع_في_تموين_سوريا_بالغاز_رغم_عقوبات_الإتحاد_الأوروبي-ZAWYA20120515053342/ستشرع الجزائر في تموين سوريا بالغاز بعد العجز الذي شهدته السوق السورية خلال الفترة الماضية، نتيجة تدهور الأوضاع الأمنية بالمنطقة.Tue, 15 May 2012 07:04:29 GMTAl Fajr ZAWYA20120515053342Openhttp://www.zawya.com/story/KRGs_oil_production_could_easily_reach_300000_barrels_per_day_says_minister-ZAWYA20120515062234/The Kurdistan Region's Minister of Natural Resources Ashti Hawrami revealed with confidence that the region's oil production capacity could easily reach 300,000 barrels per day (bpd).Tue, 15 May 2012 06:34:59 GMTAK News ZAWYA20120515062234Openhttp://www.zawya.com/story/Oil_lower_in_Asian_trade_on_eurozone_worries-ANA20120515T025903ZTZP72/Oil extended losses in Asian trade Tuesday, as the continued political stalemate in Greece as well as banking problems in Italy and Spain drove new fears about the strength of the eurozone.Tue, 15 May 2012 05:01:29 GMTAFP ANA20120515T025903ZTZP72Openhttp://www.zawya.com/story/GlobalData_Oil__Gas_Quarterly_Deals_Analysis__MA_and_Investment_Trends_Q1_2012_30Apr12-pdf_140512080325/SummaryGlobalData's “Oil & Gas Quarterly Deals Analysis - M&A and Investment Trends, Q1 2012” report is an essential source of data and trend analysis on mergers and acquisitions (M&As) and financings in the oil and gas industry. The report provides detailed information on M&As, equity/debt offerings, private equity (PE), venture financing and partnership transactions registered in the oil and gas industry in Q1 2012. The report provides detailed comparative data on the number of deals and their value in the last five quarters segregated into deal types, segments, and geographies. Besides, the report provides information on the top PE, venture capital (VC), and advisory firms in the oil and gas industry.Data presented in this report is derived from GlobalData’s proprietary in-house Oil and Gas eTrack deals database and primary and secondary research.Scope- Analyze market trends for the oil and gas industry in the global arena - Review of deal trends in upstream, midstream, downstream, and equipment & services segments- Analysis of M&A, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships in the oil and gas industry- Summary of oil and gas deals globally in the last five quarters- Information on the top deals that took place in the industry- Geographies covered include – North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa- League Tables of financial advisors in M&A and equity/debt offerings. This includes key advisors such as Morgan Stanley, Credit Suisse, and Goldman Sachs- Review the financial metrics, such as operating profit ratio, P/E ratio, and EV/EBITDA on mergers and acquisitionsReasons to buy- Enhance your decision making capability in a more rapid and time sensitive manner- Find out the major deal performing segments for investments in your industry- Evaluate type of companies divesting / acquiring and ways to raise capital in the market- Do deals with anMon, 14 May 2012 07:52:00 GMTGlobalData pdf_140512080325Subscriptionhttp://www.zawya.com/story/Oman_LNG_revenues_soar_to_3963bn_in_2011-ZAWYA20120514031912/Oman LNG, the Sultanate's primary liquefied natural gas (LNG) company, has reported a hefty increase in revenues for fiscal 2011, which jumped 26.5 per cent to $3.963 billion from $3.131 billion a year earlier.Mon, 14 May 2012 07:43:59 GMTOman Daily Observer ZAWYA20120514031912Openhttp://www.zawya.com/story/NCB_Saudi_Economic_Perspectives_2012__2013-pdf_140512065216/For 2012 and 2013, we see Saudi Arabia’s growth returning to its medium-term trend of around 4% due mainly to base effects, including the slower pace of increase in Saudi oil production, and the fading-out of one time transfers estimated at around SAR94 billion, representing around 4.3% of 2011's GDP. The Kingdom’s real GDP will expand by 3.9% and 4.4% this year and next, respectively, largely driven by the expansion in the non-oil sector and partially by increased oil production. Saudi crude oil prices are expected to average around USD105/bbl in 2012. The fiscal account will be in surplus at 14.3% of GDP, a substantial SAR317.4 billion. The current account surplus is expected to rise at around 31.3% of GDP, as hydrocarbon exports offset the increase in imports.Mon, 14 May 2012 06:40:00 GMTNational Commercial Bank pdf_140512065216Subscriptionhttp://www.zawya.com/story/نفط_الكويت_تطرح_مناقصة_بقيمة_110_ملايين_دينار-ZAWYA20120513101118/تطرح شركة نفط الكويت مناقصة تطوير وصيانة آبار للنفط أمام الشركات المحلية والعالمية بحدود 110 ملايين دينار خلال أسبوعين أمام الشركات المحلية والعالمية.Mon, 14 May 2012 06:37:21 GMTAl Kuwaitiah ZAWYA20120513101118Openhttp://www.zawya.com/story/خبراء_حظر_عقود_المضاربات_النفطية_الحل_لتذبذب_الأسعار-ZAWYA20120513080625/المستثمرون في أسواق المستقبليات يتداولون اتفاقيات تزيد عن مليار برميل يومياً.Mon, 14 May 2012 06:34:50 GMTAnnahar ZAWYA20120513080625Openhttp://www.zawya.com/story/Oil_slips_on_Greek_worries_Saudi_call_for_lower_prices-ANA20120514T032829ZTWJ45/Oil fell in Asian trade Monday amid mounting worries over Europe's debt crisis and calls by major crude producer Saudi Arabia for prices to fall further, analysts said.Mon, 14 May 2012 05:33:53 GMTAFP ANA20120514T032829ZTWJ45Openhttp://www.zawya.com/story/Abu_Dhabi_NPCC_unveils_500m_upgrade_of_facilities-GN_13052012_140529/Abu Dhabi-based National Petroleum Construction Company (NPCC) is upgrading its capabilities with an investment of more than $500 million (Dh1.83 billion), chief executive officer Aqeel Abdullah Madhi has said.Mon, 14 May 2012 04:37:46 GMTGulf News GN_13052012_140529Openhttp://www.zawya.com/story/Five_banks_offer_USD1bn_loan_to_Egypts_Ethylco-ZAWYA20120513095442/A number of Egyptian banks have agreed to lend USD 1 billion loan to the Egyptian Company for Ethylene and Derivatives, or Ethylco, to build an ethylene and polyethylene complex in Alexandria with a project value of USD 1.427 billion, according to a person close to the transaction.Sun, 13 May 2012 10:20:19 GMTZawya ZAWYA20120513095442Openhttp://www.zawya.com/story/كيما_تنتظر_موافقة_3_بنوك_لاستلام_قرض_الغاز-ZAWYA20120512190516/كانت الشركة المصريّة قد أكدت فى وقت سابق أنها لا تواجه أي معوقات فى استقبال كميات الغاز المتفق عليها مع الهيئة العامة للبترول وشركاتها المنتجة، لتغذية مشروعها.Sun, 13 May 2012 10:04:10 GMTAl Wafd ZAWYA20120512190516Openhttp://www.zawya.com/story/Kuwait_northern_fields_daily_production_to_800000_bpd_in_March__KOC-KUN0015120513093029/Kuwait's northern oil fields are producing 700,000 barrels per day (bpd), expected to reach 800,000 bpd next March, said Kuwait Oil Company's Deputy Managing Director for North Kuwait Husniya Hashim.Sun, 13 May 2012 09:41:51 GMTKUNA (Kuwait News Agency) KUN0015120513093029Openhttp://www.zawya.com/story/2000طن_زيادة_لمواجهة_أزمة_السولار_فس_مصر-ZAWYA20120512174921/أعلن وزير البترول والثروة المعدنية المصري أنّه تم ضخ كميات من السولار خلال الأسبوع الماضي بمعدلات تفوق الاحتياجات الفعلية للسوق في مثل هذا الوقت من كل عام.Sun, 13 May 2012 09:39:08 GMTAl Wafd ZAWYA20120512174921Openhttp://www.zawya.com/story/ODC_set_to_launch_slops_and_sludge_facility_at_Duqm-ZAWYA20120513033414/Oman Dry-dock Company (ODC) is set to shortly bring into operation a state-of-the-art reception plant for slops and sludge -- oily wastewater and residual waste oil collected from ships -- at its ship repair yard in Duqm.Sun, 13 May 2012 07:50:55 GMTOman Daily Observer ZAWYA20120513033414Openhttp://www.zawya.com/story/Kish_gas_reserves_up-ZAWYA20120513050016/A senior Iranian oil official announced that following the recent exploration operations, gas reserves at Kish gas field in the Persian Gulf have increased by 26 trillion cubic feet.Sun, 13 May 2012 06:28:54 GMTIran Daily ZAWYA20120513050016Openhttp://www.zawya.com/story/New_Petchem_projects_underway_in_Iran-ZAWYA20120513050237/Implementation of two new projects is currently in progress in Shazand Petrochemical Complex, Markazi province. The caretaker of Shazand Petrochemical Company also said more than 1.647 million tons of petrochemical products were produced in the complex in the past Iranian year (ended March 19), Mehr News Agency reported.Sun, 13 May 2012 06:22:17 GMTIran Daily ZAWYA20120513050237Openhttp://www.zawya.com/story/National_Gas_signs_deal_to_acquire_Shell_Malaysias_LPG_business-ZAWYA20120513050332/National Gas Company (NGC) has signed a sale and purchase agreement with Shell Malaysia Trading Company through its Malaysian subsidiary NGC Energy Sdn Bhd, according to NGC's disclosure with Muscat Securities Market (MSM).Sun, 13 May 2012 06:20:04 GMTMuscat Daily ZAWYA20120513050332Openhttp://www.zawya.com/story/Saudi_Kayan_Petchem_resumes_operations_at_plants_after_temporary_halt-ZW20120512000092/Saudi Kayan Petrochemical Co. (2350.SA), an affiliate of Saudi Basic Industries Co. (2010.SA), or Sabic, said its plants resumed operations after a temporary halt of most of its factories earlier in the week. Sat, 12 May 2012 12:31:37 GMTZawya Dow Jones News ZW20120512000092Openhttp://www.zawya.com/story/Irans_gas_reserves_in_Persian_Gulf_up_26tcf-ZAWYA20120512053741/Exploration operations at the Kish gas field, located in the Persian Gulf, show that its natural gas reserves have increased by 26 trillion cubic feet (tcf) to 66 tcf, an official with the National Iranian Oil Company said. Sat, 12 May 2012 08:13:58 GMTTehran Times ZAWYA20120512053741Openhttp://www.zawya.com/story/Iran_discovers_26_trillion_cubic_feet_of_natural_gas_in_Persian_Gulf-ZAWYA20120512052838/The latest exploration operations at the Kish gas field, which is located in the Persian Gulf, show that it contains at least 66 trillion cubic feet of natural gas, which is a rise of 26 trillion cubic feet over previous estimates, according to an official of the National Iranian Oil Company. Sat, 12 May 2012 08:08:15 GMTTehran Times ZAWYA20120512052838Openhttp://www.zawya.com/story/Syria_keen_on_importing_900000_tons_of_LPG_per_annum_from_Iran-ZAWYA20120512052601/A Syrian official has expressed his country's willingness to import some 900,000 tons of LPG (liquefied petroleum gas) per year from the Islamic Republic of Iran. Sat, 12 May 2012 08:07:30 GMTTehran Times ZAWYA20120512052601Openhttp://www.zawya.com/story/Iran_finds_large_oil_deposit_in_Caspian_Sea-ZAWYA20120512052520/The National Iranian Oil Company (NIOC) has discovered large oil deposit in deep waters in the Caspian Sea, the Mehr News Agency has learnt. Sat, 12 May 2012 08:06:58 GMTTehran Times ZAWYA20120512052520Openhttp://www.zawya.com/story/Oman_Oil_and_gas_production_rises-ZAWYA20120512051254/Monthly report released by the Oil and Gas Ministry pointed out that the Sultanate's crude oil and condensates production in April 2012 amounted to 26,645,094 barrel or 888,170 barrel per day, a 1.97% rise in comparison with the same period 2011. Sat, 12 May 2012 07:32:54 GMTTimes of Oman ZAWYA20120512051254Openhttp://www.zawya.com/story/TR_Oman_marks_milestone_with_execution_of_PDO_project-ZAWYA20120512045843/The Oman subsidiary of Técnicas Reunidas (TR), a Spanish-based international general contractor engaged in the engineering and construction of industrial facilities, has completed Petroleum Development Oman's (PDO) Saih Rawl Depletion Compression Project.Sat, 12 May 2012 07:27:38 GMTOman Daily Observer ZAWYA20120512045843Openhttp://www.zawya.com/story/Al_Rajhi_Capital_Saudi_Petrochemicals_Sector_12May12-pdf_140512072101/We expand our existing Saudi petrochemicals coverage with three stock initiations: Saudi Arabian Fertilizer Co. (SAFCO), Advanced Petrochemical Co. (APC), and Sahara Petrochemical Co. (SPC). Though these companies enjoy 1) feedstock cost advantage, 2) growing demand from the emerging markets, and 3) improved product prices in the medium-term, project execution is the key driver for these companies in the future. Despite the short-term headwinds, we expect these petrochemical producers to outperform their global peers on the back of higher margins and ongoing expansion programs. We assign an Overweight rating to SAFCO & APC, and a Neutral rating to SPC. Sat, 12 May 2012 07:07:00 GMTAl Rajhi Capital pdf_140512072101Subscriptionhttp://www.zawya.com/story/Qataris_buy_stake_in_Shell-20120511_13001_8824/Qatar's sovereign wealth fund has bought a stake in Royal Dutch Shell as part of a drive to invest the emirate's vast gas wealth in western assets.Sat, 12 May 2012 04:40:56 GMTFinancial Times 20120511_13001_8824Openhttp://www.zawya.com/story/Oil_prices_extend_weeks_slide-ANA20120511T113536ZTPV56/Oil prices fell on Friday, continuing the pattern for the most of the week, after disappointing growth data out of energy-hungry China and amid eurozone debt strains, analysts said.Fri, 11 May 2012 13:55:26 GMTAFP ANA20120511T113536ZTPV56Openhttp://www.zawya.com/story/Emerging_economies_bolster_oil_demand_IEA-ANA20120511T114017ZTPV98/Oil demand from emerging countries this year will offset lower consumption by advanced economies in the OECD, the International Energy Agency said on Friday.Fri, 11 May 2012 13:49:34 GMTAFP ANA20120511T114017ZTPV98Openhttp://www.zawya.com/story/العراق_يعتزم_تصدير_الغاز_الطبيعي_في_2017-ZAWYA20120511072120/أعلنت وزارة النفط العراقية، اليوم الأربعاء، عن عزمها تصدير الغاز الطبيعي بشكل قياسي خلال العام 2017، مشيرة الى ان المرحلة المقبلة ستشهد تركيزا على مشاريع استثمار الغاز الطبيعي.Fri, 11 May 2012 11:39:40 GMTAK News ZAWYA20120511072120Openhttp://www.zawya.com/story/First_RasGas_QFlex_vessel_delivers_LNG_in_Barcelona-ZAWYA20120511061846/RasGas Company Ltd (RasGas) achieved yet another successful milestone when the first Q-Flex vessel delivered Liquefied Natural Gas (LNG) at the Barcelona LNG receiving terminal, Spain. Fri, 11 May 2012 10:47:38 GMTThe Peninsula ZAWYA20120511061846Openhttp://www.zawya.com/story/IEA_sees_oil_demand_firming_as_OPEC_boosts_supply-ANA20120511T093847ZTPJ36/The IEA raised slightly its outlook for growth of oil demand this year but warned on Friday that risks of a shock from Iran persisted despite easing prices and a supply boost by OPEC.Fri, 11 May 2012 10:41:11 GMTAFP ANA20120511T093847ZTPJ36Openhttp://www.zawya.com/story/Emerson_eyes_USD120bn_worth_projects_in_oil_and_gas_sector-ZAWYA20120511061550/Despite Qatar's plans to diversify its hydrocarbon-powered economy, the country will see the launch of at least 80 varied projects- worth USD120bn- in oil & gas sector in the next seven to ten years, an industry expert has said.Fri, 11 May 2012 09:02:24 GMTThe Peninsula ZAWYA20120511061550Openhttp://www.zawya.com/story/OPEC_oil_production_climbs_to_3171m_barrels_per_day_in_April-ZAWYA20120511035004/Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) climbed 320,000 barrels per day (b/d) to 31.71 million b/d in April from 31.39 million b/d in March, a just-released Platts survey of OPEC and oil industry officials and analysts showed.Fri, 11 May 2012 08:07:39 GMTPress Release ZAWYA20120511035004Openhttp://www.zawya.com/story/Oil_falls_on_weak_Chinese_data_OPEC_supply_rise-ANA20120511T025140ZTOH79/Oil prices fell in Asian trade Friday, weighed down by disappointing Chinese trade data and an increase in crude production by the OPEC cartel, analysts said.Fri, 11 May 2012 07:41:28 GMTAFP ANA20120511T025140ZTOH79Openhttp://www.zawya.com/story/Qatar_Petroleum_to_sign_USD2bn_worth_Tunisian_refinery_deal-KUN0065120510210000/Tunisia said it resumed contact with the state-owned Qatar Petroleum, over the latter's USD 2 billion investment in Skhira refinery, south east of Tunisia.Fri, 11 May 2012 06:05:15 GMTKUNA (Kuwait News Agency) KUN0065120510210000Openhttp://www.zawya.com/story/EU_to_review_Iran_oil_embargo_shipping_insurance_ban_in_June-ZW20120510000158/The European Union has put back its planned review of its oil embargo on Iran to June instead of May, EU diplomats said Thursday, when it will also review the timing of a ban on European companies from insuring the transportation of Iranian crude-oil exports. Fri, 11 May 2012 05:21:03 GMTZawya Dow Jones News ZW20120510000158Open