Samsung to sign deal to build nuclear reactors for UAE

Samsung Corporation is set to sign a sub-contract agreement with state-owned utility Korea... Read full article »
United Arab Emirates: Thursday, February 25 - 2010 at 11:12

Enoc to expand in exploration, production

Petri Pentti, CFO of Emirates National Oil Co. (Enoc) has said the firm plans to expand in... Read full article »
United Arab Emirates: Thursday, February 25 - 2010 at 10:25

Aref Energy to sell 95% of stake in US venture

Aref Energy Holding, part of Kuwaiti investment firm Aref Investment Group, has agreed to sell... Read full article »
Kuwait: Thursday, February 25 - 2010 at 10:22

Saudi Aramco finds new gas field

Saudi Aramco, the world's largest oil company, discovered natural gas in a northern area of the... Read full article »
Saudi Arabia: Wednesday, February 24 - 2010 at 09:54

Kuwait expects production rise at Khafji field

Bader al-Khashti, managing director of Kuwait Gulf Oil Co, has said the firm expects oil... Read full article »
Kuwait: Wednesday, February 24 - 2010 at 09:33

Abu Dhabi to award $10bn gas deals

Abu Dhabi National Oil Co (Adnoc) and ConocoPhillips plan to award $10.02bn of contracts in the... Read full article »
United Arab Emirates: Tuesday, February 23 - 2010 at 09:35

Aramco's expanded gas plants go online

Saudi Aramco has brought online the expanded Juaymah and Hawiyah gas plants, Reuters has... Read full article »
Saudi Arabia: Tuesday, February 23 - 2010 at 09:28

Hans Blix to lead UAE nuclear panel

The UAE has established an international advisory board (IAB) to support its peaceful nuclear... Read full article »
United Arab Emirates: Tuesday, February 23 - 2010 at 09:25

Oil rises above $80

Crude oil rose above $80 a barrel in New York for a second day as Iran's OPEC governor said... Read full article »
Middle East: Monday, February 22 - 2010 at 09:45

Aramco, Total to issue Sukuk for refinery

Saudi Aramco and Total have appointed Deutsche Bank, Samba Financial Group and Calyon to sell... Read full article »
Saudi Arabia: Monday, February 22 - 2010 at 09:38

Iran says gas field has 12.4 trillion cubic feet

Mahmoud Mohaddes, director of exploration at the National Iranian Oil has said that the recently... Read full article »
Iran: Sunday, February 21 - 2010 at 10:11

Iraq's PM says no more oilfields for foreign companies

Iraq's prime minister has said that there are no further plans to use foreign firms to develop... Read full article »
Iraq: Sunday, February 21 - 2010 at 10:08

Iran expects oil demand and price to rise in H2

An increase in oil demand in the second half of 2010 will cause a rise in oil prices, Iran's OPEC... Read full article »
Iran: Sunday, February 21 - 2010 at 10:04

Eni-led consortium wins Zubair oilfield contract

Dhiya Jaafar, head of Iraq's South Oil Co has said that a contract to develop the country's four... Read full article »
Iraq: Saturday, February 20 - 2010 at 10:36

Jordan, France to sign uranium deal next week

Jordan and France will sign an agreement next week for the mining of the kingdom's uranium... Read full article »
Jordan: Thursday, February 18 - 2010 at 10:20