Energy and Renewables
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Vitol apologised to Iraq for buying Kurdish oil
Iraqi oil minister Abdul-Kareem Luaibi has said global oil trader Vitol has apologised to the Iraqi government for buying Kurdish oil that was exported via Turkey without Baghdad's permission, Reuters has reported. Luaibi, in Vienna for an Opec...
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Aramco awards Petrofac $1.4bn Jazan refinery contracts
Saudi Aramco has selected UK-based Petrofac for two engineering, procurement and construction (EPC) contracts, worth a total of some $1.4bn, for the company's Jazan refinery and terminal project, Saudi Gazette has reported. The refinery is...
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Qatar to export more LNG to Asia:QNB
Qatar National Bank (QNB) has said the Gulf country will reduce spot-market sales of the fuel by at least 40% by 2014, curbing supplies available for Europe, Bloomberg has reported. "These new contracts are mainly to Asia Pacific and South...
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Saudi says cyber attack aimed to halt oil flow
Saudi Aramco said yesterday that a cyber attack against it in August which damaged some 30,000 computers was aimed at stopping oil and gas production in the kingdom, Reuters has reported. The attack on the company - which supplies a tenth of the...
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Daily Updates
Iran plans to build new refinery near Caspian Sea
Iran's Khazar Oil Co has said the oil ministry is planning to build a refinery near the Caspian Sea, Irna has reported. "Northern provinces are...
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Press Releases
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DEWA organises Health and Safety Week
HE Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA),...
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Qatargas 3 signs long-term agreement with PTT...
Qatargas Operating Company Limited (Qatargas) announced the signing of a long-term LNG Sales and...
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The 1st dedicated exhibition for the PV and...
GlassPoint Solar just raised $26m in venture capital and built a pilot project to prove that its...
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Analysis
World Bank funds best invested in desert power?
Earlier this week, the World Bank published a report warning of the dramatic consequences of climate change and called on governments around the world to redirect the $1 trillion spent overall...
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Special Reports
Doha COP 18
Doha's hosting of the UN Framework Convention on Climate Change (UNFCCC) at the Conference of Parties (COP) 18 which runs over two weeks in November and December is a first for the Middle East, and gives the region a chance to highlight its green credentials.
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As the increasing price of oil and gas affects businesses and economies around the world, and drives growth and public spend across the Middle East’s main exporting economies, follow the latest round up of news from the sector as well as insights into the growing trend for renewable energy in the Middle East.
