Energy, Oil and Gas
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Saudi Arabia to remain self-sufficient in gas by 2021
Business Monitor International (BMI) has said Saudi Arabia will remain self-sufficient in natural... Read full article »
Oman's crude output sees marginal increase
Oman's oil and gas ministry has said the country's total production of crude oil and condensates... Read full article »
Saudi Arabia satisfied with the current oil price
Saudi oil minister has said the global oil market is in a good shape and the kingdom is happy... Read full article »
Oman's National Gas acquires Shell's LPG assets in Malaysia
Oman's National Gas Co (NGC) has said it has completed acquisition of Shell's LPG assets in West... Read full article »
Jordan's petroleum refinery raises capital to $56.5m
The Jordan Petroleum Refinery Co (JPRC) has said its shareholders have endorsed a proposal by the... Read full article »
Lukoil says would consider Exxon offer on West Qurna-1
Lukoil, Russia's second largest crude producer, has said it will study an offer from Exxon... Read full article »
Lebanon forms Petroleum Administration committee
The Lebanese cabinet has formed the long-awaited Petroleum Administration, which is to work with... Read full article »
OPEC cuts forecast for global oil demand
Opec has cut its medium-term global oil demand forecast due to the impact of euro zone debt... Read full article »
Egypt awards Block 12 licence
The Egypt General Petroleum Corp (EGPC) has awarded an international joint venture the licence... Read full article »
Dana Gas reaches structuring deal with creditors
Sharjah-based Dana Gas, which missed payments on nearly $1bn of Islamic bonds last week, has... Read full article »
Citadel opens Egypt's first private power station
Egyptian private equity firm Citadel Capital has announced the opening of the country's first... Read full article »
Iraq says Exxon wants to quit West Qurna 1
Iraq's oil ministry has said ExxonMobil wants to withdraw of the $50bn West Qurna-1 oilfield in... Read full article »
Qatar to increase crude production, capacity: QNB
According to a report by Qatar National Bank (QNB), the country's crude production and capacity... Read full article »
Dana Gas negotiating standstill deal with bondholders
UAE-based Dana Gas has said negotiating a standstill agreement with bondholders after the fuel... Read full article »
Saudi Aramco, CGGVeritas ink R&D agreement
Saudi Aramco has signed an agreement with CGGVeritas to conduct a major joint R&D project... Read full article »
