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Weekly WTI oil price update: Crude futures slip as funds up bets on higher prices

Crude oil futures kept falling back from highs even though speculative funds increased their bets... Read full article »
Middle East: Sunday, March 21 - 2010 at 16:38

Dewa receives 14 bids for power, water project

Dubai Electricity and Water Authority (Dewa) has said that it is considering partnering with the... Read full article »
United Arab Emirates: Sunday, March 21 - 2010 at 12:06

Jordan opens radioactive waste storage plant

Jordan has opened its first storage facility for radioactive waste, the Jordan Times has... Read full article »
Jordan: Sunday, March 21 - 2010 at 11:57

Riyadh PP11 plan financing could be secured soon

The financing deal of Riyadh PP11 independent power project (IPP) could be secured significantly... Read full article »
Saudi Arabia: Sunday, March 21 - 2010 at 11:53

Bahrain Dur plant begins testing in April

Khalid Burashid, deputy chief of executive of planning and projects at Bahrain's Electricity and... Read full article »
Bahrain: Saturday, March 20 - 2010 at 13:16

Renewable energy plant installed in Egypt

Engineering group Siemens has announced the installation of a 250-megawatt renewable energy plant... Read full article »
Egypt: Saturday, March 20 - 2010 at 10:09

Jordan plans solar power plant

Plans to develop a 20MW photovoltaic solar project have been announced by Jordan's National... Read full article »
Jordan: Thursday, March 18 - 2010 at 11:30

Opec to keep quotas unchanged

Ministers from Opec's 12 member countries agreed, as expected, for the fifth time since 2008 to... Read full article »
Middle East: Thursday, March 18 - 2010 at 11:26

Iraq raises $2.1bn to fund electricity projects

Iraq's finance minister, Bayan Jabor has said that the country has raised $2.1bn from local banks... Read full article »
Iraq: Thursday, March 18 - 2010 at 11:23

Taqa posts 2009 results

Carl Sheldon, general manager of Abu Dhabi National Energy Co (Taqa) has said that the utility... Read full article »
United Arab Emirates: Thursday, March 18 - 2010 at 11:08

Financing deal for Egyptian refinery to close in Q2

Egypt-based private equity firm Citadel Capital expects to close a $2.2bn financing deal related... Read full article »
Egypt: Wednesday, March 17 - 2010 at 09:56

Maersk Oil Qatar reaches milestone

Maersk Oil Qatar has announced the successful installation of the last of 15 new platforms and... Read full article »
Qatar: Wednesday, March 17 - 2010 at 09:53

Saudi minister 'very happy' with oil price

Saudi oil minister Ali Al-Naimi has said that oil prices are in the right range and that... Read full article »
Saudi Arabia: Wednesday, March 17 - 2010 at 09:42

China now largest oil and gas investor in Iraq

China has become the biggest single investor in Iraq's oil and gas sector, with nearly one fifth... Read full article »
Iraq: Wednesday, March 17 - 2010 at 09:32

Egypt, Kuwait ink deal on power generating station

Egypt's Delta Electricity Production Co has secured a KD30m loan ($104m) from the Kuwait Fund for... Read full article »
Kuwait: Tuesday, March 16 - 2010 at 10:02