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Dana receives overdue payment from Kurdistan

UAE-based Dana Gas has said it has received $48m in overdue payments for fuel supplied in... Read full article »
United Arab Emirates: Wednesday, December 05 - 2012 at 03:52

GE to invest SR300m in Saudi Arabia

General Electric (GE) has announced plans to invest some SR300m in Saudi Arabia and further raise... Read full article »
Saudi Arabia: Wednesday, December 05 - 2012 at 03:52

JICA to help Egypt set up new power network

The Japan International Cooperation Agency (JICA) has said it plans to disburse $300m to the... Read full article »
Egypt: Wednesday, December 05 - 2012 at 03:52

Saudi to spend more than $133bn over 10 years on power

Saudi minister of water and electricity, Abdullah al-Hussayen has said the kingdom will need to... Read full article »
Saudi Arabia: Tuesday, December 04 - 2012 at 05:41

OGC to award Duqm gas pipeline contract by end-2013

Oman Gas Co (OGC) has said the contract for the construction of a gas pipeline that will supply... Read full article »
Oman: Tuesday, December 04 - 2012 at 05:41

Qatar sees demand for natural gas rise 60% by 2040

Qatar's energy minister, Mohammed bin Saleh Al Sada has said demand for natural gas will rise by... Read full article »
Qatar: Tuesday, December 04 - 2012 at 05:40

Egypt raises electricity prices for household consumers

The Egyptian cabinet has decided to raise electricity prices for household consumers in the... Read full article »
Egypt: Tuesday, December 04 - 2012 at 05:40

Iran plans to increase crude output

Iranian oil minister, Rostam Qassemi has said the country plans to increase its oil production... Read full article »
Iran: Monday, December 03 - 2012 at 04:29

Qatar plans $20bn solar energy plant

Qatar is set to invite firms to bid for a 1,800 megawatt (MW) solar energy plant in 2014 costing... Read full article »
Qatar: Monday, December 03 - 2012 at 04:29

BP expects deal for Oman's Block 61 in 2013

British Petroleum (BP) has said its agreement with Oman government for a full-field commercial... Read full article »
Oman: Monday, December 03 - 2012 at 04:28

Saudi oil consumption is double the global rate: Aramco

Saudi Aramco said that local consumption of oil, which hit four million barrels a day, is... Read full article »
Saudi Arabia: Saturday, December 01 - 2012 at 03:34

Taqa considering bond sale

Abu Dhabi National Energy Co (Taqa), which is buying a number of BP's North Sea assets, has hired... Read full article »
United Arab Emirates: Saturday, December 01 - 2012 at 03:33

Taqa invests over $1bn in North Sea oilfields

Abu Dhabi National Energy Co (Taqa) is investing over $1bn in British North Sea oil fields owned... Read full article »
United Arab Emirates: Thursday, November 29 - 2012 at 01:05

Vitol, BP finalise 2013 gasoil deals with Iraq

Traders have said Iraq's State Oil Marketing Organisation (SOMO) has finalised a term deal to buy... Read full article »
Iraq: Thursday, November 29 - 2012 at 01:04

Opec not expected to change production in December meet

The Angolan representative to the Organisation of Petroleum Exporting Countries (Opec) has said... Read full article »
Middle East: Thursday, November 29 - 2012 at 01:04
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