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Lebanon halts power plant agreement
Lebanese energy ministry has suspended an offer by two companies to build a power plant in Deir... Read full article »
Lamprell predicts bigger than expected losses in 2012
Sharjah-headquartered oil rig maker Lamprell has said its full-year loss would be more than seven... Read full article »
Sohar Power to lower paid-up capital by 20.5%
Oman's Sohar Power Co has said its board of directors has decided to convene an extraordinary... Read full article »
Iran starts building $10bn gas pipeline to Syria
Iran has started building a $10bn natural gas pipeline to Syria, as part of efforts to boost its... Read full article »
Germany's Juwi builds off-grid PV system in Egypt
German renewable energy specialist Juwi Holding has announced the completion of its first project... Read full article »
Iran says no more cheap oil
Iranian oil minister Rostam Qasemi has said that oil prices are expected to increase further and... Read full article »
Total eyeing more upstream opportunities in Qatar
French oil major Total has said it is looking for more opportunities to contribute to Qatar's... Read full article »
CNPC, Lukoil to consider buying Exxon's West Qurna stake
Iraq's oil ministry has said it would favour bids by Russia's Lukoil and China's CNPC if they... Read full article »
Exxon to name West Qurna buyer soon
Iraq's deputy prime minister for energy has said Exxon Mobil is in the advanced stages of talks... Read full article »
Taqa posts Q3 loss
Abu Dhabi National Energy Co (Taqa) has posted a 43% jump in third-quarter revenue to Dhs8.83bn... Read full article »
Iran postpones start-up of Arak plant
The International Atomic Energy Agency (IAEA) has said Iran has postponed until 2014 the planned... Read full article »
Decline in oil prices likely to continue: report
According to a report by Al Rajhi Capital, crude prices remained in slower downtrend through... Read full article »
Aramco to build SR5.2bn refinery in Jazan
Saudi Aramco has signed agreements with eight national and international firms to build the a... Read full article »
FANR inspecting Korean reactors' parts
The UAE's Federal Authority for Nuclear Regulation (FANR) has dispatched an inspection team to... Read full article »
Renaissance mulling sale of Topaz's energy unit
Renaissance Services has said it is considering selling the oil and gas engineering unit of Topaz... Read full article »
