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Kogas to invest $6.5bn in Iraq Zubair field
South Korea's Kogas has announced that it will invest $6.5bn in the development of the Zubair... Read full article »
JAPEX, Petronas to develop Iraq oil field
Japan Petroleum Exploration Co., (JAPEX) and Malaysia's state-run oil firm, Petronas have jointly... Read full article »
Abu Dhabi's IPIC reports record profits
Abu Dhabi-owned International Petroleum Investment Company (IPIC) has announced that its profits... Read full article »
Jordan inks deal to finance Al Samra Power Plant
A KD30m loan agreement has been signed between Jordan and the Kuwait-based Arab Fund for Economic... Read full article »
Weekly WTI oil market price update
Crude oil futures fell for five straight sessions as warmer weather in the US dispelled forecasts... Read full article »
Bahrain to set up new oil company
A new Bahrain-based multinational oil development firm is set to launch its operations next... Read full article »
Taqa Arabia inks Sudan power deal
Egypt-based Taqa Arabia, through its power unit, Global Energy, has signed an agreement with... Read full article »
Dubai's Dewa delays $1.5bn bond sale
Saeed Mohammed al-Tayer, CEO of Dubai Electricity & Water Authority (Dewa) has said the sale of a... Read full article »
Iraq to finalise oil deals by 'end of month'
Ali al-Dabbagh, Iraq's government spokesman has said that the government will finalise all the... Read full article »
Jordan, S Korea ink nuclear plant deal
Jordan has signed a deal with a South Korean consortium to build the kingdom's first atomic... Read full article »
Kuwait, France ink nuclear agreement
Kuwait has signed a cooperation agreement with France to help the world's seventh largest crude... Read full article »
Saudi Electricity Co. to invest $10bn in 10 years
Ali Saleh Al-Barrak, CEO of Saudi Electricity Co. (SEC) has said the company will invest $10bn in... Read full article »
Adnoc cuts splitter naphta export volumes
Abu Dhabi National Oil Co. (Adnoc) has unexpectedly reduced splitter naphtha export volumes for... Read full article »
Abu Dhabi launches $3.5m energy-saving scheme
As part of a Dhs13m ($3.5m) national energy-conservation plan, more than 60,000 homes, schools,... Read full article »
Aramco: Wasit gas plant front end work ready by Q1 2011
Saudi Aramco has said that front-end engineering and design work by Canada's SNC-Lavalin for the... Read full article »
