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Taqa posts 80% drop in Q1 net profit

Abu Dhabi National Energy Co (Taqa), 75%-owned by the government of Abu Dhabi, has said its... Read full article »
United Arab Emirates: Sunday, May 12 - 2013 at 07:26

Dana announced completion of sukuk refinancing

Sharjah-headquartered Dana Gas has confirmed it has completed on May 8 the refinancing of the $... Read full article »
United Arab Emirates: Saturday, May 11 - 2013 at 04:24

Lebanon says offshore gas reserves estimated at 30trn cu ft

Lebanon's energy minister Gebrane Bassil has announced that preliminary surveys of the country's... Read full article »
Lebanon: Saturday, May 11 - 2013 at 04:23

Apache reports 3 discoveries in Egypt

US-based Apache Corp has reported three oil and gas discoveries in Egypt's western desert,... Read full article »
Egypt: Thursday, May 09 - 2013 at 01:13

Oman identifies four locations for mega solar power projects

Oman's Public Authority for Electricity and Water (PAEW) has said four potential locations have... Read full article »
Oman: Thursday, May 09 - 2013 at 01:12

Croatian INA withdraws from Iran's Moghan-2 oil project

Croatian oil and gas firm INA has decided to withdraw from a project for developing an oil block... Read full article »
Iran: Thursday, May 09 - 2013 at 01:12

Oman considering fuel alternatives for power generation

Oman plans to launch a strategic review of the country's national fuel policy aimed at weighing... Read full article »
Oman: Thursday, May 09 - 2013 at 01:12

Shell awards Wood Group CCC Majnoon field development deal

Wood Group CCC, a joint venture between the UK's Wood Group and Consolidated Contractors Co (CCC)... Read full article »
Iraq: Wednesday, May 08 - 2013 at 00:49

SEC calls for subsidies reform

Ali Al-Barrak, the chief executive of Saudi Electricity Co (SEC) has urged the government to... Read full article »
Saudi Arabia: Wednesday, May 08 - 2013 at 00:49

IPIC reports Dhs6.4bn in full-2012 income

Abu Dhabi's state-owned International Petroleum Investment Co (IPIC) has said better operating... Read full article »
United Arab Emirates: Wednesday, May 08 - 2013 at 00:48

Dhofar Power to sell power generation business

Oman's Dhofar Power Co has said its assets will be divided in such a way to hand over its power... Read full article »
Oman: Tuesday, May 07 - 2013 at 05:21

First Qatari LNG shipment to Egypt expected by end of month

Egyptian petroleum minister Osama Kamal has said the country will receive the first shipment of... Read full article »
Egypt: Tuesday, May 07 - 2013 at 05:21

Emarat rules out plans for further expansion in Dubai

Emirates General Petroleum Corp (Emarat) has said it feels its existing filling stations in the... Read full article »
United Arab Emirates: Tuesday, May 07 - 2013 at 05:21

Saudi raised April crude output to 9.3m bpd

Saudi Arabia has raised crude output in April to 9.3 million barrels per day (bpd), from 9.14... Read full article »
Saudi Arabia: Tuesday, May 07 - 2013 at 05:21

Aramco to set up distribution station in Hail

Saudi Aramco plans to build a distribution station for petroleum products in Hail in June 2014,... Read full article »
Saudi Arabia: Monday, May 06 - 2013 at 05:14
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