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Acwa boosts share of Jordan's CEGCO, buys Malakoff's 25% stake
Saudi-based Acwa Power International (Acwa Power) has announced it has completed the acquisition... Read full article »
Bemco wins bid for 2,000 MW Saudi power plant
Saudi Arabian Bemco Contracting Co (Bemco) has submitted the lowest bid to build a nearly 2,000... Read full article »
Kurdistan stems oil production, hurts Iraq's budget
Iraq's deputy prime minister for energy, Hussain al-Shahristani has accused Iraqi Kurdistan of... Read full article »
India rejects Qatar LNG price for 5m tonnes
The Indian government has said domestic consumers cannot afford the price that Qatar is seeking... Read full article »
Iraq oil exports reach 2.3m bpd, highest since 2003
Iraq's State Oil Marketing Organisation (Somo) has said the country's crude oil exports rose to... Read full article »
New Duqm desalination project to stem sultanate water demand
Oman's Rural Areas Electricity Co (REACO) has proposed setting up a new desalination project in... Read full article »
Power demand expected to reach 7,271MW by 2018
Oman Power and Water Procurement Co (OPWP) has said power and desalinated water demand across the... Read full article »
Kurdistan to boost oil production to 100,000 bpd
Iraq's Kurdistan Region is set to increase its oil production to 100,000 barrels per day (bpd)... Read full article »
Kuwait to award landmark deal to International Power
Kuwait is expected to award the country's first public-private partnership contract in the power... Read full article »
Saudi Arabia to burn less crude oil this summer, gas output up
Saudi power plants are likely to burn less crude this summer due to rising output from dedicated... Read full article »
Korean banks loan Saudi Electricity $1.4bn for Rabigh plant
Saudi Electricity Co (SEC), the kingdom's largest power producer, has received a $1.4bn loan that... Read full article »
Turkey to cut Iran oil purchases by 10%
Turkish energy minister Taner Yildiz has said his country is to reduce its oil imports from Iran... Read full article »
BRICS not bound by unilateral Iran sanctions: S. Africa trade minister
South Africa's trade minister has announced the BRICS group of countries have broadly agreed they... Read full article »
Saudi eco-friendly power plant planned 500km from coast
Saudi Electricity Co (SEC) has unveiled plans to build a power plant some 500 kilometres from the... Read full article »
UAE plans Hormuz bypass oil pipeline tests late April
The UAE is planning to conduct leaks tests on its strategic oil pipeline that bypasses the Strait... Read full article »
