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Lebanon receives first Turkish electricity barge
Fatmagul Sultan, the first of two electricity barges aimed at boosting Lebanon's ailing power... Read full article »
Saudi Arabia produced less oil in December
According to the Joint Organisations Data Initiative, Saudi Arabia's crude oil output dropped in... Read full article »
OPWP inks water purchase agreement with global consortium
A consortium between Malaysia-based Malakoff International, Sumitomo Corp of Japan and Cadagua of... Read full article »
Crude price may drop to $50 by 2035: PwC
UK-based PricewaterhouseCoopers (PwC) has shale oil production could add $2.7trn to the global... Read full article »
$590m NGL plant inaugurated in Iran
Iran has inaugurated a $590m natural gas liquids (NGL) plant on the Arabia Gulf island of Siri,... Read full article »
Iraq set to sign gas import deal with Iran
Iran has announced it is set to sign a contract to export Iran's gas to neighbouring Iraq in the... Read full article »
Lebanon to launch oil, gas exploration in two years
Lebanese energy minister Gibran Bassil has said his country is set to begin oil and gas... Read full article »
Kufpec mandates lender for $750m loan
Kuwait Foreign Petroleum Exploration Co (Kufpec) has mandated five lenders to arrange a $750m,... Read full article »
Iran to build second Bushehr power unit with Russia
Iranian foreign minister Ali Akbar Salehi has said his country is expected to work on a second... Read full article »
Bharat Oman Refineries downgraded
Crisil has cut its ratings for Bharat Oman Refineries Limited's (BORL) bank facilities to 'A+'... Read full article »
Dana Gas plans investment boost in Egypt
Egyptian petroleum minister Osama Kamal has said that UAE-based Dana Gas is considering raising... Read full article »
Lebanon denies exporting fuel to Syria
Lebanon's energy and water ministry has said no kerosene or red diesel is being exported to Syria... Read full article »
Oman's PDO to award 200 contracts in 2013
Petroleum Development Oman (PDO) has said it is to raise its total spend on In-Country Value (... Read full article »
Egyptian investment firm interested in France refinery
Egyptian investment firm Arabiyya Lel Istithmaraat has said it had not yet made a financial offer... Read full article »
Hindustan Petroleum to turn to Iraq to replace Iran oil
Hindustan Petroleum Corp Ltd (HPCL), India's third-biggest buyer of Iranian crude in the current... Read full article »
