2008
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Oil hits 2008 low
Oil prices dropped to their lowest this year yesterday, as fears of a global recession continued... Read full article »
Oil prices continue slide
Oil prices continued to dip on Thursday on fears of slowing world energy demand. New York's main... Read full article »
Turkey to pursue gas deal with Iran
Turkey intends to move ahead with a planned deal to produce and export gas from neighbouring... Read full article »
World 2009 oil demand growth cut
World oil demand growth next year will decline by 140,000 barrels per day due to the '... Read full article »
Qatar to add 5,400MW nuclear capacity
According to a report by Moody's on the Arabian Gulf Electricity Industry, Qatar is looking to... Read full article »
GCC may need $35bn to fund power projects
A new report by Moody's has revealed that the power sector in the GCC could require more than $... Read full article »
Oil continues slide
The price of oil fell for a fourth consecutive day, going down 3.4% in New York, in a continued... Read full article »
Kuwait Petroleum plans projects worth $75bn
Kuwait Petroleum Corp plans investments and projects worth 20 billion dinars ($75.3bn) in the... Read full article »
Egypt to pay more for gas
The Egyptian government has reached a deal with major oil companies whereby the price cap per... Read full article »
Opec oil down in September
The supply of oil from the Organisation of the Petroleum Exporting Countries (Opec) in September... Read full article »
Iran seeks $7bn for fuel import
Iran's government is planning to seek for an extra $7bn budget from the parliament to cover the... Read full article »
Oil drops more than $10
Oil prices have gone down by more than $10 a barrel as US financial bailout plan failed to win... Read full article »
Taqa completes sale of Shuweihat shares
The Abu Dhabi National Energy Company (Taqa) said it has completed all contractual procedures... Read full article »
Abengoa to bid for Abu Dhabi solar plant
Spain's Abengoa plans to make a bid to participate in a 500 megawatt solar power plant in Abu... Read full article »
Costs to affect Gulf energy expansions
The cost of expanding energy capacity in the Middle East has risen as interbank lending rates... Read full article »
