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Saudis to end Caribbean oil storage

Saudi Arabia plans to withdraw from a long-held lease for 5 million barrels of Caribbean oil... Read full article »
Saudi Arabia: Thursday, December 31 - 2009 at 09:38

Kuwaiti firm to spend $1.1bn on projects in 2010

Kuwait Gulf Oil Co (KGOC) plans to spend about 328 million dinars ($1.14bn) on oil and gas... Read full article »
Kuwait: Thursday, December 31 - 2009 at 09:36

Iraq, Sonangol sign initial oilfield deals

Iraq's oil ministry has signed initial agreements with Angola's state oil firm Sonangol to... Read full article »
Iraq: Thursday, December 31 - 2009 at 09:30

UAE, S.Korea, China win $9.7 bln Turkmenistan gas deal

The UAE's Petrofac, China's CNPC, LG International Corp, and Hyundai Engineering Co have won $9.... Read full article »
United Arab Emirates: Wednesday, December 30 - 2009 at 10:05

Iraq signs oil deal with Lukoil

Iraq has signed an initial 20-year deal with a consortium led by Russia's private oil giant... Read full article »
Iraq: Wednesday, December 30 - 2009 at 09:58

45 firms vie for Jordan Red Sea Project

The $10bn Jordan Red Sea Project has attracted 45 local and international firms and consortia... Read full article »
Jordan: Tuesday, December 29 - 2009 at 10:04

Germany's Grace wins Oman refinery contract

The Oman Tender Board has awarded a RO31m ($80.5m) refinery supply contract to Germany's Grace,... Read full article »
Oman: Tuesday, December 29 - 2009 at 09:57

ADNOC to cut oil production

The Abu Dhabi National Oil Co. (ADNOC) has announced it will reduce oil production starting from... Read full article »
United Arab Emirates: Tuesday, December 29 - 2009 at 09:54

ADIA in JV bid for UK electricity network

The Abu Dhabi Investment Authority has partnered with the Canadian Pension Plan to mount a joint... Read full article »
United Arab Emirates: Monday, December 28 - 2009 at 11:15

ABB to install Jazan substation

Swiss power and automation technology group, ABB has won an order worth $21m from SOLB South... Read full article »
Saudi Arabia: Monday, December 28 - 2009 at 11:07

UAE awards $20bn nuclear plant deal

The UAE has awarded a South Korean consortium a Dhs75bn ($20.4bn) contract to build four nuclear... Read full article »
United Arab Emirates: Monday, December 28 - 2009 at 10:56

ONEIC calls off merger

Oman National Engineering & Investment Co. (ONEIC) has said that it has decided not to proceed... Read full article »
Oman: Monday, December 28 - 2009 at 10:55

Abu Dhabi firm wins $162m Indian contract

Abu Dhabi-based National Petroleum Construction Co. has won a $162m EPC contract from India's Oil... Read full article »
United Arab Emirates: Sunday, December 27 - 2009 at 10:06

Saudi king 'satisfied with oil price'

King Abdullah of Saudi Arabia said in an interview yesterday that oil prices are satisfactory. '... Read full article »
Saudi Arabia: Sunday, December 27 - 2009 at 09:49

MPs demand Bahrain petrol hike clarification

The Bahraini parliament has asked two cabinet ministers to confirm or deny a media report about a... Read full article »
Bahrain: Thursday, December 24 - 2009 at 09:12
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