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Oil closing on $60-a-barrel

Oil prices finished last week a whisker away from the $60-a-barrel with US light crude at $59.30.... Read full article »
Saudi Arabia: Sunday, December 04 - 2005 at 09:56

$8.5bn Project Kuwait, new hope

The $8.5bn Project Kuwait to raise crude production capacity by around 500,000 bpd by upgrading... Read full article »
Kuwait: Sunday, December 04 - 2005 at 09:45

Opec to keep taps open

Opec president Sheikh Ahmed Al Fahd Al Sabah said the group should keep pumping at full capacity... Read full article »
Kuwait: Sunday, December 04 - 2005 at 08:55

Omani crude output falls

Oman exported 195.4m barrels of crude oil in the first nine months of the year, down from 197.4m... Read full article »
Oman: Sunday, December 04 - 2005 at 08:19

Enoc, $500m refinery upgrade

Emirates National Oil Company has mandated Dubai Islamic Bank to arrange $500m in finance for the... Read full article »
United Arab Emirates: Thursday, December 01 - 2005 at 08:31

PFC for Qatar Energy City

PFC Energy has been appointed as principal consultant and adviser by the new Qatar project Energy... Read full article »
Qatar: Thursday, December 01 - 2005 at 08:23

Enoc still making a loss

The Emirates National Oil Company is still making a loss despite the 33% fuel price hike in the... Read full article »
United Arab Emirates: Thursday, December 01 - 2005 at 07:58

Bahrain, $80m gas infrastructure

The Bahrain National Gas Company will invest $80m on expansion projects and the building of two... Read full article »
Bahrain: Wednesday, November 30 - 2005 at 10:11

Diesel prices to fall

UAE diesel prices will drop 20 fils from Dhs 7.70 to Dhs 7.50 a gallon effective 1 December,... Read full article »
United Arab Emirates: Wednesday, November 30 - 2005 at 07:41

$50 a barrel looks right

The UAE energy minister says $50 a barrel for crude is a price at which investment costs of... Read full article »
United Arab Emirates: Wednesday, November 30 - 2005 at 07:34

UAE to harness wind

The UAE is looking to diversify into wind-powered electricity generation, and has recently built... Read full article »
United Arab Emirates: Wednesday, November 30 - 2005 at 07:29

ABB, $79m Adwea order

ABB, a Swiss power and automation technology group, has won a $79m order from the Abu Dhabi Water... Read full article »
United Arab Emirates: Tuesday, November 29 - 2005 at 14:54

Qatar gets 12 LNG vessels

Qatar's Ras Laffan Liquefied Natural Gas has signed time charter agreements for 12 LNG vessels... Read full article »
Qatar: Tuesday, November 29 - 2005 at 07:21

Oryx set to go in 2006

The $1bn Oryx gas to liquids project in Qatar will go online early 2006, according to Energy... Read full article »
Qatar: Tuesday, November 29 - 2005 at 07:20

Siemens Qatar power deal

Siemens has won two orders worth a total of $550m from Qatar General Electricity and Water to... Read full article »
Qatar: Tuesday, November 29 - 2005 at 07:13
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