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UAE seeks private investors

The UAE is seeking power and water industry investors for its smaller emirates to meet rising... Read full article »
United Arab Emirates: Wednesday, October 24 - 2007 at 10:41

Dodsal expands in Tanzania

Dubai-based Dodsal Hydrocarbons and Power (Tanzania), a wholly owned subsidiary of Dodsal... Read full article »
United Arab Emirates: Wednesday, October 24 - 2007 at 10:16

Taqa to borrow $3bn

William Reynolds, Chief Financial Officer of Abu Dhabi National Energy Company (Taqa), said the... Read full article »
United Arab Emirates: Wednesday, October 24 - 2007 at 09:24

BP profit down 45%

BP has reported a 45% fall in third-quarter replacement-cost profit to $3.867bn due to oil and... Read full article »
Wednesday, October 24 - 2007 at 09:17

OPEC already raising supply

Opec is already raising oil supply in response to record prices and ahead of its deal to increase... Read full article »
Wednesday, October 24 - 2007 at 06:41

OPEC hike will ease prices

Kuwait's acting oil minister Mohammad Al-Olaim said oil prices will dip when OPEC raises output... Read full article »
Kuwait: Tuesday, October 23 - 2007 at 10:28

New solar power station for Egypt

Orascom Construction Industries, Egypt's largest construction firm by market value, has announced... Read full article »
Egypt: Tuesday, October 23 - 2007 at 07:40

Makamin ventures with Shengly

Newly established SR1.2bn oil and gas service company Makamin has concluded a strategic alliance... Read full article »
Saudi Arabia: Monday, October 22 - 2007 at 07:13

Iran's nuke chief resigns

Iran's chief nuclear negotiator Ali Larijani has resigned, reported Reuters.President Mahmoud... Read full article »
Iran: Sunday, October 21 - 2007 at 07:06

Naftoil to drill in Mauritania

Naftoil Saudi Arabia has signed multi billion dollar oil exploration contract with Mauritanian... Read full article »
Saudi Arabia: Saturday, October 20 - 2007 at 12:53

Oil slips from $90

Oil price has slipped to 96 cents to $88.51 a barrel after hitting a record high above $90 a... Read full article »
Middle East: Saturday, October 20 - 2007 at 07:10

Kuwait awards $313m contract

Kuwait Oil Co. has awarded Autralia-based WorleyParsons a five-year $313m contract for management... Read full article »
Kuwait: Thursday, October 18 - 2007 at 13:07

Saudi revamps petrol council

Saudi Arabia has revamped the Supreme Council for Petroleum and Minerals, reported Gulf News. The... Read full article »
Saudi Arabia: Thursday, October 18 - 2007 at 10:09

Oil hits $89

Oil prices hit $89 a barrel Wednesday before ending the day lower following a U.S. government... Read full article »
Thursday, October 18 - 2007 at 09:27

Iran plans gas investments

Iran plans to invest $130bn over the next 20 years to help address growing domestic demand for... Read full article »
Iran: Thursday, October 18 - 2007 at 09:01
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