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Iran-Turkey pipeline to cost $5bn

Seyyed Reza Kassaeizadeh, Iran's Deputy Petroleum Minister for Gas Affairs, has revealed that a... Read full article »
Iran: Sunday, November 04 - 2007 at 10:04

Saudi Electricity earns $454.3m

Utility provider Saudi Electricity posted Q3 income of $454.3m, a 5.8% lift on the same period in... Read full article »
Saudi Arabia: Sunday, November 04 - 2007 at 08:44

Syria in refinery deal

Syria has agreed a $2.6bn contract with Iran, Venezuela and Malaysia for the construction of an... Read full article »
Syria: Sunday, November 04 - 2007 at 07:24

Eight refineries for Iran

The National Iranian Oil Refining and Distribution Company has said that the Islamic Republic's... Read full article »
Iran: Saturday, November 03 - 2007 at 16:31

Qatar Petroleum in Japan tie-up

Qatar Petroleum International (QPI) and Japan's Mitsui have a penned an agreement which will lead... Read full article »
Qatar: Saturday, November 03 - 2007 at 14:01

Essar scraps Iran plans

The Governor of the US state of Minnesota Tim Pawlenty has said India's Essar Group has backed... Read full article »
Iran: Saturday, November 03 - 2007 at 10:00

Dewa needs $16bn by 2012

The Dubai Electricity and Water Authority (Dewa) requires around $16bn over the next five years... Read full article »
United Arab Emirates: Saturday, November 03 - 2007 at 08:42

US crude at $95.9 a barrel

Oil prices hit new highs yesterday, Friday, on the back of supply concerns and the weak US... Read full article »
Saudi Arabia: Saturday, November 03 - 2007 at 08:34

Abu Dhabi transformer plant

Brush Transformers Gulf, a joint venture between Al Nasser Industrial Enterprises (ANIE) and the... Read full article »
United Arab Emirates: Saturday, November 03 - 2007 at 07:40

Taqa profit up 172%

The Abu Dhabi National Energy Company (Taqa) has reported that profits for the first nine months... Read full article »
United Arab Emirates: Thursday, November 01 - 2007 at 08:32

Oil hits $95

U.S. oil hit a record over $95 a barrel on Wednesday, after a steep drop in U.S. inventories... Read full article »
Thursday, November 01 - 2007 at 06:27

Adnoc receives second vessel

Abu Dhabi National Oil Company has received the second of four twin-screw Azymuth Stern Drive... Read full article »
United Arab Emirates: Wednesday, October 31 - 2007 at 13:13

Saudi power plant to cost $4bn

Construction of the Ras Azzour power and water desalination plant in Saudi Arabia is likely to... Read full article »
Saudi Arabia: Wednesday, October 31 - 2007 at 11:20

Taqa plans $6bn bond sale

Abu Dhabi National Energy (Taqa) may sell up to $6bn worth of bonds early next year to pay for... Read full article »
United Arab Emirates: Wednesday, October 31 - 2007 at 10:05

Oil market is 'out of control'

Opec ministers said the group has no control over many of the factors affecting oil markets and... Read full article »
United Arab Emirates: Wednesday, October 31 - 2007 at 09:54
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