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Dubai's Supreme Council of Energy says power capacity sufficient

Dubai's Supreme Council of Energy (SEC) has said the current power-generation capacity is... Read full article »
United Arab Emirates: Thursday, October 04 - 2012 at 08:46

TAQA looking to refinance $3bn loan

Abu Dhabi National Energy Co (Taqa) is looking to refinance up to $3bn of syndicated loans and... Read full article »
United Arab Emirates: Thursday, October 04 - 2012 at 08:46

SEC awards SR1.8bn in contracts to raise power efficiency

Saudi Electricity Co (SEC) has awarded five contracts worth SR1.8bn for the construction of sub-... Read full article »
Saudi Arabia: Thursday, October 04 - 2012 at 08:45

Cosmo Oil to start talks with lenders over loan terms

Japanese refiner partly-owned by the government of Abu Dhabi, Cosmo Oil Co may breach asset... Read full article »
United Arab Emirates: Wednesday, October 03 - 2012 at 02:13

Egyptian Petroleum secures $235m loan from ITFC

Egypt's finance ministry has announced Saudi-based International Islamic Trade Finance Corp (... Read full article »
Egypt: Wednesday, October 03 - 2012 at 02:13

Citadel Capital mulling $2.5bn Uganda oil refinery investment

Egyptian investment firm Citadel Capital is considering plans to invest in a proposed $2.5bn oil... Read full article »
Egypt: Wednesday, October 03 - 2012 at 02:12

Iran to build pipeline to export oil to Afghanistan

Iran's oil ministry has announced plans to build a pipeline to export oil to Afghanistan, Shana... Read full article »
Iran: Tuesday, October 02 - 2012 at 01:21

Iraq targets $6 trillion in oil revenues by 2030

Hussain al-Shahristani, Iraq's deputy prime minister for energy has said the country is set to... Read full article »
Iraq: Monday, October 01 - 2012 at 09:13

Iraq's September oil exports to top 2.6m bpd

Iraqi oil minister Abdul-Kareem Luaibi has said crude exports would exceed 2.6 million barrels... Read full article »
Iraq: Monday, October 01 - 2012 at 09:11

Iraq to transfer oil payments to Kurdistan

Kurdish energy minister Ashti Hawrami has said the Iraqi government is set to transfer oil... Read full article »
Iraq: Monday, October 01 - 2012 at 09:10

Nigeria's Afren starts drilling in Iraq

Nigeria-based Afren has announced commencement of oil exploration at the East Simrit prospect (... Read full article »
Iraq: Monday, October 01 - 2012 at 09:09

Oman to issue RfQ for new Dhofar power project

Oman is set to float a Request for Qualifications (RfQ) within the next 2-3 weeks inviting... Read full article »
Oman: Monday, October 01 - 2012 at 09:07

Indsys in JV pact with Isofoton to build 300MW PV in Saudi Arabia

Saudi-based Industrial Systems Corp (INDSYS) has agreed to set up a joint venture with Spanish PV... Read full article »
Saudi Arabia: Sunday, September 30 - 2012 at 03:32

Saipem awarded new contracts in Abu Dhabi, Egypt

Italian oil and gas industry contractor Saipem has won contracts worth around $200m for jobs in... Read full article »
United Arab Emirates: Sunday, September 30 - 2012 at 03:31

Japan to cut by 30% Iran crude imports for rest of this year

The Petroleum Association of Japan (PAJ) has said the country is set to import about 30% less... Read full article »
Iran: Sunday, September 30 - 2012 at 03:31
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