Energy, Oil and Gas
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OPEC sees economic recovery to boost global demand in 2013
OPEC has said that global oil demand is set to grow faster than previously thought in 2013,... Read full article »
Fujairah port to see oil storage capacity rise
Oil storage capacity in the UAE port of Fujairah is expected to grow by two million cubic metres... Read full article »
Oman's OPWP to bundle Dhofar Power with new Salalah IPP
Oman Power and Water Procurement Co (OPWP), the country's sole procurer of all new power... Read full article »
Japan denies emergency oil pact with Saudi Arabai
Japanese trade minister Toshimitsu Motegi has denied reports that he had flown to Saudi Arabia to... Read full article »
Qatar to pursue joint investment with Gazprom
Qatari energy minister Mohammed bin Saleh Al Sada has said the Gulf country plans to pursue joint... Read full article »
Spain's UFG says feed gas shortage idled Egyptian LNG plant
Spain's Union Fenosa Gas (UFG) has said Egypt's Damietta liquefied natural gas facility is not... Read full article »
Muscat Gases secures nitrogen supply deal
Oman's Muscat Gases has signed a contract for the second term of ten years with Sohar-based Gulf... Read full article »
DEWA posts 6% profit growth
Dubai Electricity and Water Authority (Dewa) has said its annual profit for 2012 increased by 6%,... Read full article »
Kuwait to probe alleged KPC's ties with Israeli firm
Kuwaiti oil minister Hani Hussein has ordered an internal probe into alleged partnership between... Read full article »
Lebanon approves gas exploration terms
Lebanon has approved the new conditions for international oil companies to bid for the highly... Read full article »
Qatari utility firms amend partnership agreement with Chubu
Qatar General Electricity and Water Corp (Kahramaa), Qatar Electricity and Water Co (QEWC) and... Read full article »
Qatargas to complete $1bn gas recovery project next year
Qatargas has announced its $1bn project aimed at recovering gas that would otherwise be flared... Read full article »
Dana Gas offloads Hungarian oil firm stake
Dana Gas has sold more than half its stake in Hungarian oil and gas group MOL, Reuters has... Read full article »
Saudi Arabia to sign emergency oil supply deal with Japan
Saudi Arabia is set to sign an agreement with Japan this week allowing Tokyo to make emergency... Read full article »
Adnoc secures $3bn loan from Japan to boost upstream business
Abu Dhabi National Oil Co (Adnoc) has secured a $3bn loan from the government of Japan to help... Read full article »
