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Qatar keen to raise stake in Shell, says report
The Middle East Economic Survey (MEES) has said Qatar Investment Authority, the Gulf country's... Read full article »
US bank approves $2bn loan for UAE nuclear plan
The US Export-Import Bank has announced it has authorised a $2bn direct loan to the UAE's Barakah... Read full article »
Lamprell forms JV to expand operations in Saudi
Sharjah-based oil rig maker, Lamprell has formed a joint venture with Shoaibi Group and Al Yusr... Read full article »
Saudi Aramco floats tender for gas plant contract
Saudi Aramco has floated a tender for the contract to develop a plant to process gas from the... Read full article »
Abu Dhabi's IWPP eyes September bond
Abu Dhabi's Shuweihat 2 independent water and power plant (IWPP) project may launch a bond by the... Read full article »
BP readies $10bn Egypt gas project
British Petroleum (BP) has announced it is set to commence works on a deep-water natural gas... Read full article »
Aramco, Total test new Jubail refinery
Saudi Aramco and France's Total have started testing their new refinery at Jubail, raising the... Read full article »
Saudi Arabia might become oil importer by 2030
Citigroup Inc. has said the world's biggest crude exporter, Saudi Arabia risks becoming an oil... Read full article »
Baghdad threatens Kurds with $3bn budget cut
The Iraqi central government has said it is considering cutting federal budget payments to... Read full article »
Oil demand seen rising 0.9mbd globally
According to a report by the National Bank of Kuwait (NBK), global oil demand is expected to rise... Read full article »
Yemen LNG announces export terminal reopening
Yemen LNG has announced the country's liquefied natural gas (LNG) export terminal has reopened at... Read full article »
Iran discusses cooperation with Russian oil, gas firms
Iranian oil minister Rostam Qasemi has said the Islamic Republic is in talks with Russian... Read full article »
Iraq's crude exports hit 30 year high
Iraq's oil ministry has said the country's crude exports have reached their highest level in more... Read full article »
Oman oil ministry signs agreement with BP for gas field development
Oman's oil ministry has said an agreement is expected to be signed with British Petroleum (BP)... Read full article »
Acwa Power, OPWP ink deal for expansion
Acwa Power Barka has signed a water purchase agreement (WPA) with Oman Power and Water... Read full article »
