Stteam group cause havoc for the ME oil and gas sector
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South Korea oil imports from Iran drops 44%
South Korea’s Crude oil imports from Iran have dropped from last year.
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World’s oil bosses meet this week
Government heads and oil industry executives meet at conference.
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Libya’s western El Feel oilfield reopens
Libya’s oil output has fallen from 1.4mbpd to just under 200,000bpd
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IEA predicts increase in demand for OPEC oil
OPEC will need to increase production by 1mbpd in 2nd half of 2014
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Rosneft prurchases Kurdish oil
Rosneft has no obligation to coordinate oil purchases with partner BP
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Iraqi oil refinery under threat from militants
Militants seize cities of Mosueul and Baiji
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Steady oil price fuels OPEC stability
Quotas set to remain unchanged ahead of upcoming OPEC conference
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ME Oil & Gas and Petrochemicals producers to meet
Leading Oil & Gas and petrochemicals companies will meet in Abu Dhabi.