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Kuwait Foreign Petroleum buys BP's stake in Chinese gas field
Kuwait Foreign Petroleum Exploration Co (KUFPEC) has acquired the 34.3% stake held by British oil... Read full article »
Oman's NGC to dissolve LPG distribution subsidiary
Oman's National Gas Co (NGC) has announced the decision by its board of directors to dissolve its... Read full article »
UAE signs nuclear cooperation deal with Russia
The UAE has signed a bilateral agreement with the Russian State Atomic Energy Corp outlining... Read full article »
Qatar offered ADB's 5.2% stake in Petronet
Qatar has been offered by India a 5.2% stake that Asian Development Bank (ADB) held in the... Read full article »
Saudi Arabia sees global oil supply plentiful, demand good
Saudi Arabia's oil minister Ali Al-Naimi has said global oil supplies are plentiful and demand is... Read full article »
Valerus secures contract for compression equipment, services in Iraq
US-based Valerus has announced it has been awarded a major contract to provide more than 45,... Read full article »
Satorp to double capital to $7.12bn
Saudi Aramco has announced its oil refinery joint venture with France's Total at Jubail is to... Read full article »
Iraq awards Kentz three contracts
UK-headquartered Kentz Corp has announced it has been awarded three individual, reimbursable,... Read full article »
BP wants Rumaila contract terms changed
British Petroleum (BP) is seeking changes to the terms of its contract with the Iraqi government... Read full article »
SK E&C wins $1.1bn contract for Jazan refinery
Saudi Aramco has selected South Korean contractor SK Engineering & Construction Co to build a... Read full article »
Oman's PAEW awards Dakhiliyah water-network contract
Oman's Public Authority for Electricity and Water (PAEW) has awarded Gulf Petrochemical Services... Read full article »
Lebanon to receive electricity barges in 2013
Lebanese energy minister Gebran Bassil has announced electricity generating barges are expected... Read full article »
Iran oil revenues dropped 50% in H1 2012
Iranian economic minister Shamseddin Hosseini has said the country's oil revenues have been cut... Read full article »
Oman approves Tethys Oil's development plan for Blocks 3, 4
Oman's oil and gas ministry has approved the field development plan by Swedish energy company... Read full article »
Abu Dhabi invites BP to bid in oil concession
British Petroleum (BP) has been invited back to bid for a renewal of its stake in Abu Dhabi's oil... Read full article »
