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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... Read full article »
IEA says global economic slowdown hit oil demand in 2013
The International Energy Agency (IEA) has said global oil demand will be sluggish throughout... Read full article »
Iran inaugurates Mideast's largest thermal power plant
Iran has inaugurated a new thermal power plant, with a generation capacity of 2.8 gigawatts, in... Read full article »
Al Ghurair undecided over $2bn investment in Libyan refinery
UAE-based Al Ghurair has said there were no plans yet to sell its half ownership of Libya's... Read full article »
DEWA awards Mitsubishi Electric Dhs198m switching substations contract
Dubai Electricity & Water Authority (Dewa) has awarded Japan's Mitsubishi Electric Corp a full... Read full article »
Saudi Arabia saves SR600m through water leak repairs
Saudi Arabia's National Water Co (NWC) has said the kingdom has saved more than 97 million cubic... Read full article »
Egypt to be build LNG terminal by May 2013
Egypt, a natural-gas exporter to markets from China to Chile, is set to become an importer for... Read full article »
Iran expects economic recession to slow OPEC market growth
The Iranian representative to Opec has said the struggling global economy is expected to keep oil... Read full article »
Vitol apologised to Iraq for buying Kurdish oil
Iraqi oil minister Abdul-Kareem Luaibi has said global oil trader Vitol has apologised to the... Read full article »
Shell to evaluate Jordan's Sirha, Azraq blocks
Jordan's Natural Resource Authority (NRA) has signed a memorandum of understanding with Royal... Read full article »
Apicorp says Mena holds 88trn cubic meters of proven gas deposits
The Arab Petroleum Investment Corp (Apicorp), a subsidiary of the Organisation of Arab Petroleum... Read full article »
SWCC commissions Doosan to build Yanbu desal plant
Saudi Arabia's Saline Water Conversion Corp (SWCC) has awarded South Korea's Doosan Heavy... Read full article »
Aramco awards Petrofac $1.4bn Jazan refinery contracts
Saudi Aramco has selected UK-based Petrofac for two engineering, procurement and construction (... Read full article »
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... Read full article »
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... Read full article »
