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Marubeni submits lowest bid for Saudi plant
Saudi Electricity has said that a consortium led by Japan's Marubeni Corp has proposed the lowest... Read full article »
Iraqi oil production to cross 11m bpd within 5 years
Iraqi Prime Minister Nouri Al-Maliki has said the country's oil production will reach around 11.4... Read full article »
Oman to spend $4.2bn on utility projects till 2017
Omani authorities will spend 1.6 billion Omani riyals ($4.2bn) on utility and water projects in... Read full article »
Oman Refineries receives $200m loan
State-run Oman Refineries & Petrochemicals Co. has secured a 25-month $200m loan from Oman's Bank... Read full article »
Jizan refinery receives bids
Two bids from four Saudi-owned firms have been received by Saudi Arabia to build, own and operate... Read full article »
Statoil, Lukoil settle West Qurna 2 deal
Norwegian Statoil and Russian Lukoil have said that they have initialized their agreement with... Read full article »
Egypt to explore 520 oil and gas wells
Egypt's oil ministry has announced plans to drill 520 exploratory oil and gas wells worth $2bn in... Read full article »
