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Opec raised production in September
Oil output by Opec has risen slightly in October as additional supplies from Iraq, Angola and... Read full article »
Dana Gas will not repay Islamic bond today
The UAE's largest listed natural gas firm, Dana Gas, will not repay a $920m convertible sukuk... Read full article »
Mena needs $250bn investment in power sector to meet demand
The Arab Petroleum Investment Corp (Apic) has said the Middle East and North Africa (Mena) region... Read full article »
Iran needs $4.6bn to raise gas production by 2016
The National Iranian Gas Co has said the Islamic Republic needs some $4.9bn of investment in its... Read full article »
Iran says power generation capacity to reach 70,000 MW
Iranian energy minister Majid Namjou has said the country's power generation capacity is set to... Read full article »
Iraq resumes oil exports from Basra
Oil exports from Iraq's southern Basra terminals were restored to more than 2.66 million barrels... Read full article »
Iran's September condensates exports top $1bn
Head of customs in Iran's Pars Special Zone has said exports of condensates in the last month... Read full article »
Phoenix Power awards Omanoil fuel deal
Oman Oil Marketing Co has been awarded a OR10m contract by Phoenix Power Co to supply contingency... Read full article »
Iran agrees to finance Iran-Pakistan gas pipeline
Iran is set to sign next month a $250m loan agreement to finance the $1.5bn Iran-Pakistan (IP)... Read full article »
Sanctions force Shell to repay Iran $1.4bn in debt through barter deal
Royal Dutch Shell is seeking to repay a $1.4bn oil debt to Iran with a grain barter deal via US-... Read full article »
Taqa seeking to refinance $2bn loan
Abu Dhabi National Energy Co (Taqa) has hired 10 banks led by Bank of Tokyo-Mitsubishi UFJ to... Read full article »
Foster Wheeler, Amec awarded contracts by KNPC
Kuwait National Petroleum Co (KNPC) has named Foster Wheeler and Amec companies as consultants... Read full article »
Global oil output increases as Opec, US pump more: report
The US Energy Information Administration has said the world has produced more oil in October as... Read full article »
QP, Exxon to build LNG plants in the US
Qatar Petroleum (QP) and Exxon Mobil have announced they have received a first permit to export... Read full article »
Areva's uranium deal with Jordan ended
Jordan has announced the termination of a uranium mining licence for a joint venture between... Read full article »
