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Wednesday, September 08, 2010
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  NEWS > ENERGY/OIL & GAS  
 
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Iran 'is self-sufficient in gasoline'
Tehran  
 
  Iran has raised its gasoline production to attain self-sufficiency in the strategic product and foil sanctions targeting its energy needs, the state TV website reported its oil minister as saying.  
   

  Saudi awards $2.44bn power plant deal
Riyadh : 
  Saudi state-owned Saline Water Conversion Corp (SWCC) has awarded a $2.44 billion power plant contract to a group led by China's Sepco III Electric Power Construction Corp, an industry source said on Tuesday.     
   
  Kuwait Q4 supply 5pc below contracts
Singapore : 
  Kuwait has notified at least three Asian buyers it will supply October-December crude at 5 per cent below contracted volumes, sources said on Tuesday, tightening supplies versus the third quarter.     
   

 
Today's Poll
Several economic indicators such as jobs, housing and "September Effect" are warning investors to be cautious. Is another market crash coming?
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