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Opec: 2010 economy to put pressure on oil demand
Opec has said that oil demand in 2010 will come under pressure from the slow pace of the recovery... Read full article »
Kurds to resume oil exports in Iraq
Iraq's State Oil Marketing Co. has been instructed by the government to resume oil exports from... Read full article »
UAE awards $104m power contract to ABB
Power and automation technology group ABB said it has been awarded a $104m contract by the UAE's... Read full article »
ACWA to bid on $10bn of projects
Saudi-based power and water firm, ACWA Power International is planning to bid for $10bn in... Read full article »
Egypt fuel subsidies expected to rise to $12bn
Egyptian oil minister has said that fuel subsidies may rise to EGP66bn ($12bn) in the current... Read full article »
Egyptian-Saudi power linkage project to start in June
Egyptian electricity minister Hassan Younis has announced that a power-linkage project with Saudi... Read full article »
Kuwait targets 4m barrels a day oil production
Mohammed Husain, deputy chairman of Kuwait Oil Co., has said the Gulf state aims to boost crude... Read full article »
ADCO plans exploration of marginal fields
Abu Dhabi National Oil Co.'s onshore unit Abu Dhabi Co. for Onshore Oil Operations plans... Read full article »
Abu Dhabi to invite bids on $2bn power plant
The Abu Dhabi government has announced plans to invite firms to submit proposals in March to... Read full article »
Japanese firm to delay start of Egypt oil output to 2012
Japan's AOC Holdings has said it will delay until May 2012 plans to start commercial crude oil... Read full article »
Weekly WTI oil price update: prices fall sharply in market sell off
After starting the week on a firmer note, oil prices fell sharply toward the end of the week in a... Read full article »
Iran discovers two oil, gas fields
Masoud Mirkazemi, Iran's oil minister has announced that two oil and gas fields have been... Read full article »
Aramco 'clean' diesel plant ready for production
Saudi Aramco Shell Refinery (Sasref) has announced that its refinery will reach full production... Read full article »
EU to fund EUR1m Jordan nuclear training project
Jordan's Nuclear Regulatory Commission has announced a €1m project funded by the European Union... Read full article »
Dubai's new oil field to start production in 2011
The Dubai government has announced that 'Al Jalila', the newly discovered offshore oil field,... Read full article »
