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Qatar to phase out incandescent bulbs
Qatar General Electricity & Water Corp (Kahramaa) has announced a plan to gradually ban... Read full article »
Brent to average at $121 next year: Commerzbank
German global banking and financial services firm has said oil prices are set to rise next year,... Read full article »
Energi Oil, KGEC in deal to explore Jordanian coast
UK-based energy company Energi Oil has signed an agreement with a Korea Global Energy Corp (KGEC)... Read full article »
Opec prepared to cut supplies next year to support oil prices
Analysts have said Opec is likely to cut its oil production in 2013, as prices risk falling in... Read full article »
KPC commissions Tercon Consulting to support Rotterdam refinery initiative
Kuwait Petroleum Corp (KPC) has awarded US-based Tercon Consulting, Inc. the contract to support... Read full article »
Iran plans to build new refinery near Caspian Sea
Iran's Khazar Oil Co has said the oil ministry is planning to build a refinery near the Caspian... Read full article »
IEA says global economic slowdown hit oil demand in 2013
The International Energy Agency (IEA) has said global oil demand will be sluggish throughout... Read full article »
Iran inaugurates Mideast's largest thermal power plant
Iran has inaugurated a new thermal power plant, with a generation capacity of 2.8 gigawatts, in... Read full article »
Al Ghurair undecided over $2bn investment in Libyan refinery
UAE-based Al Ghurair has said there were no plans yet to sell its half ownership of Libya's... Read full article »
DEWA awards Mitsubishi Electric Dhs198m switching substations contract
Dubai Electricity & Water Authority (Dewa) has awarded Japan's Mitsubishi Electric Corp a full... Read full article »
Saudi Arabia saves SR600m through water leak repairs
Saudi Arabia's National Water Co (NWC) has said the kingdom has saved more than 97 million cubic... Read full article »
Egypt to be build LNG terminal by May 2013
Egypt, a natural-gas exporter to markets from China to Chile, is set to become an importer for... Read full article »
Iran expects economic recession to slow OPEC market growth
The Iranian representative to Opec has said the struggling global economy is expected to keep oil... Read full article »
Vitol apologised to Iraq for buying Kurdish oil
Iraqi oil minister Abdul-Kareem Luaibi has said global oil trader Vitol has apologised to the... Read full article »
Shell to evaluate Jordan's Sirha, Azraq blocks
Jordan's Natural Resource Authority (NRA) has signed a memorandum of understanding with Royal... Read full article »
