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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 »
Middle East: Thursday, November 01 - 2012 at 01:39

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 »
United Arab Emirates: Wednesday, October 31 - 2012 at 02:28

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 »
Middle East: Wednesday, October 31 - 2012 at 02:27

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: Wednesday, October 31 - 2012 at 02:27

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 »
Iran: Tuesday, October 30 - 2012 at 02:47

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 »
Iraq: Tuesday, October 30 - 2012 at 02:46

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 »
Iran: Tuesday, October 30 - 2012 at 02:45

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 »
Oman: Tuesday, October 30 - 2012 at 02:44

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 »
Iran: Monday, October 29 - 2012 at 07:56

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 »
Iran: Monday, October 29 - 2012 at 07:55

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 »
United Arab Emirates: Monday, October 29 - 2012 at 07:55

Foster Wheeler, Amec awarded contracts by KNPC

Kuwait National Petroleum Co (KNPC) has named Foster Wheeler and Amec companies as consultants... Read full article »
Kuwait: Sunday, October 28 - 2012 at 03:53

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 »
Middle East: Sunday, October 28 - 2012 at 03:53

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 »
Qatar: Sunday, October 28 - 2012 at 03:52

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 »
Jordan: Thursday, October 25 - 2012 at 03:35
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