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Saudi Arabia steps in to lower oil prices

Saudi Arabia is acting to lower oil prices, as the majority of Opec producers wanted oil prices... Read full article »
Saudi Arabia: Thursday, September 20 - 2012 at 10:27

Phase 1 of Dubai solar plant to be ready in 2013

Dubai Electricity and Water Authority (Dewa) has confirmed plans to build the Sheikh Mohammed bin... Read full article »
United Arab Emirates: Thursday, September 20 - 2012 at 10:25

Dewa to decide on refinance plan in 2013

Saeed Mohammed al-Tayer , CEO of Dubai Electricity and Water Authority (Dewa) has said the state-... Read full article »
United Arab Emirates: Thursday, September 20 - 2012 at 10:24

Italy's SICIM awarded $358.8m deal for Iraq's Zubair oilfield

The Iraqi government and Italy's Eni has awarded a contract worth up to $358.8m to SICIM, an... Read full article »
Iraq: Thursday, September 20 - 2012 at 10:00

Jordan receives $270m financing from US for power project

The US administration has approved $270m in financing for construction of an approximately 240-... Read full article »
Jordan: Wednesday, September 19 - 2012 at 09:52

Crescent optimistic about Dana Gas' $920m sukuk repayment

UAE-based Crescent Petroleum, a key shareholder in Dana Gas, is optimistic that the Sharjah-based... Read full article »
United Arab Emirates: Wednesday, September 19 - 2012 at 09:51

Canada's GOSH bags Jordan oil shale exploration deal

The Jordanian government has signed an exploration agreement with Canada-based Global Oil Shale... Read full article »
Jordan: Wednesday, September 19 - 2012 at 09:50

Sanctions helped Iran improve its oil industry: Qasemi

Iranian oil minister, Rostam Qasemi has said the West cannot keep Iran away from the global oil... Read full article »
Iran: Wednesday, September 19 - 2012 at 09:48

Egypt floats second tender to import oil

Egypt's state oil firm EGPC has issued a tender to import up to 4.5 million barrels of crude oil... Read full article »
Egypt: Wednesday, September 19 - 2012 at 09:42

EBRD mulls $100m Jordan power plant investment

The European Bank for Reconstruction and Development (EBRD) is considering a $100m investment in... Read full article »
Jordan: Tuesday, September 18 - 2012 at 12:49

Saudi Arabia not at risk of being an oil importer

Energy analyst, Mohammad Al-Sabban has said Saudi Arabia can boost its output capacity and isn't... Read full article »
Saudi Arabia: Tuesday, September 18 - 2012 at 12:48

Jordan oil bill rises to JD2.75bn

According to figures by Jordan's Department of Statistics (DoS), the country's oil bill rose by... Read full article »
Jordan: Tuesday, September 18 - 2012 at 12:48

Five oil blocks open for bidding in Yemen

International companies have received invitations from the Yemeni government to bid for... Read full article »
Yemen: Tuesday, September 18 - 2012 at 12:47

Saudi electricity authority seeks renewable investors

The governor of Saudi Arabia's Electricity and Co-Generation Regulatory Authority has said the... Read full article »
Saudi Arabia: Tuesday, September 18 - 2012 at 12:47

Saudi Arabia, Turkey discuss power-grid link

Saudi Arabia's Electricity and Co-Generation Regulatory Authority has said the kingdom is in... Read full article »
Saudi Arabia: Monday, September 17 - 2012 at 12:24
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