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Financing deal for Egyptian refinery to close in Q2
Egypt-based private equity firm Citadel Capital expects to close a $2.2bn financing deal related... Read full article »
Maersk Oil Qatar reaches milestone
Maersk Oil Qatar has announced the successful installation of the last of 15 new platforms and... Read full article »
Saudi minister 'very happy' with oil price
Saudi oil minister Ali Al-Naimi has said that oil prices are in the right range and that... Read full article »
China now largest oil and gas investor in Iraq
China has become the biggest single investor in Iraq's oil and gas sector, with nearly one fifth... Read full article »
Egypt, Kuwait ink deal on power generating station
Egypt's Delta Electricity Production Co has secured a KD30m loan ($104m) from the Kuwait Fund for... Read full article »
Kuwait to begin gas imports in April
Kuwait will start importing gas in April to feed its power plants, earlier than it started last... Read full article »
Saudi, UAE compliance levels highest in Opec
The latest data from the International Energy Agency (IEA) show that UAE and Saudi Arabia have... Read full article »
Saudi needs more investment in power, water supply
A new report by Banque Saudi Fransi says the kingdom needs to raise its investments in its power... Read full article »
Iran to spend $6.8bn on gas sector
Javad Oji, managing director of the National Iranian Gas Co, has said the country plans to spend... Read full article »
Weekly WTI oil price update: Crude prices stagnate over demand doubts
Crude oil prices trod water for the week as uncertainty about demand continued to weigh on the... Read full article »
Aramco unit begins low-sulphur diesel production
The Sasref refinery, a joint-venture between Saudi Aramco and Royal Dutch Shell, has started... Read full article »
Qatar: No Opec output change expected
Abdullah al-Attiyah, Qatar's oil minister, has said he does not expect Opec to make any... Read full article »
IEA: Global oil demand estimates up
The International Energy Agency (IEA) has said that growth in developing countries will push... Read full article »
Siemens wins power supply network deal in Fujairah
Dubai-based Federal Electricity and Water Authority (FEWA) has awarded Siemens Energy a €30m... Read full article »
Egypt's wind power project secures $430m loan
Egypt has secured from Japan a $430m loan to finance its 220-megawatt wind farm at Gebel el Zeit... Read full article »
