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Saudi Aramco, Total secure $6bn loan, bankers said
Saudi Aramco and French oil giant, Total have secured $6bn in bank loans to finance the... Read full article »
Kuwait in unofficial Dow penalty payment talks
Kuwait is in "friendly" unofficial talks with Dow Chemical Co. to avoid paying a $2.5bn penalty... Read full article »
Fujairah Refinery opens new storage plants
New fuel storage and refining facilities have been inaugurated in the emirate of Fujairah, UAE,... Read full article »
Iraq inks CNPC, Total, Petronas Halfaya deal
A final contract has been signed by Iraq's oil ministry and China National Petroleum Company (... Read full article »
Bahraini firm awards electrical substation contract
Bahrain Financial Harbour Holding Co. has awarded Sumitomo Corporation a contract for setting up... Read full article »
Petrochina eyes move to Dubai
Petrochina plans to sets up an energy trade desk in Dubai, Reuters has reported, citing industry... Read full article »
Oil price is 'great', says Saudi minister
Saudi Arabia's oil minister Ali al-Naimi has said that oil prices between $70 to $80 a barrel are... Read full article »
Oman to expand Al Noor, Sakhiya oil fields
Petroleum Development Oman is seeking bids by February 9 to expand the Al Noor and Sakhiya oil... Read full article »
Oil deal in Iraq may go to court
An Iraqi independent MP has vowed to contest in a federal court the oil contract which British... Read full article »
Saudi not eyeing nuclear power, says oil adviser
Saudi Arabia is not considering developing an atomic energy program and will focus on other... Read full article »
Iraq December oil revenues up $300m
Iraq's oil ministry has said that the country's oil revenues grew by $300m during the last month... Read full article »
Masdar JV secures $760m loan for solar plant
Torresol Energy, a joint venture between Masdar and Sener, an international multidiscipline... Read full article »
UAE, Egypt plans to set up wind farm
Egyptian minister of electricity and energy, Hassan Yunis has said that Egypt and the UAE are... Read full article »
Bahrain to up oil production
Speaking at the inauguration of the new petroleum development company, Bahrain's oil minister has... Read full article »
KOTC to invest KD30m in LNG plant
A plan has been announced by Kuwait Oil Tanker Co. (KOTC) to invest over KD30m in a new liquefied... Read full article »
