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Saudi sees $100 'reasonable price' for crude oil
Saudi oil minister Ali Al-Naimi has said that $100 per barrel of crude oil is a "reasonable"... Read full article »
Dana, Crescent's investment in Kurdistan tops $1bn
UAE-based oil and gas firms, Dana Gas and Crescent Petroleum have announced that the total... Read full article »
SEC awards Nesma $21m Kaust substation deal
Saudi Electricity Co (SEC) has awarded Nesma Electric a contract to build a substation at the... Read full article »
UK watchdog fines Lamprell £2.4m
The UK's financial watchdog has fined Sharjah-based Lamprell £2.4m for failing to update the... Read full article »
Saudi Arabia to boost Riyadh's water supply
The Saudi government is set to launch projects costing SR1.6bn in April to add 200,000 cubic... Read full article »
ADNOC set to name Bab gas field partner
Abu Dhabi National Oil Co (Adnoc) has said the state-owned company is close to identifying a... Read full article »
Saudi Arabia to drill shale gas wells
Saudi oil minister Ali Al-Naimi has said the kingdom plans to drill around seven test wells for... Read full article »
Sinopec to build storage facility in Fujairah
China Petroleum & Chemical Corp is planning to borrow over $500m to build storage at the Fujairah... Read full article »
SEC names banks for dollar bond sale
Saudi Electricity Co (SEC) has selected two lenders to arrange meetings with fixed income... Read full article »
Iran's crude exports to drop this month
Iran's March crude oil exports may drop by a quarter compared with a month earlier to the lowest... Read full article »
Iraq to spend over $170bn on energy infrastructure by 2018
Iraqi oil minister Abdul Kareem Luaibi has said the government plans to invest $173bn in its... Read full article »
Al-Khafji Joint Operations picks Indian firm for offshore project
Al-Khafji Joint Operations has awarded Indian infrastructure major Punj Lloyd a $57.75m contract... Read full article »
ADNOC unit to award $2bn in EPC contracts this year
Abu Dhabi Marine Operating Co (Adma-Opco), unit of the Abu Dhabi National Oil Co (Adnoc), is... Read full article »
Shell to restart Majnoon operations
Iraqi oil minister Abdul Kareem Luaibi has said Royal Dutch Shell is set to resume operations at... Read full article »
RAK establishes water and electricity authority
The government of Ras Al Khaimah has decided to establish the Ras Al Khaimah Electricity and... Read full article »
