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Dana Gas says shareholders approved $920m sukuk restructuring

Dana Gas has said its shareholders have approved a plan to restructure its $920m Islamic bond,... Read full article »
United Arab Emirates: Thursday, April 25 - 2013 at 06:17

Taqa to develop North Sea's Cladhan field

Abu Dhabi National Energy (Taqa) has said it has received the approval of the UK government to... Read full article »
United Arab Emirates: Thursday, April 25 - 2013 at 06:16

Iran in talks with Saudi Arabia over prices

Iranian oil ministry has said Tehran is discussing falling crude oil prices with all Opec member... Read full article »
Iran: Wednesday, April 24 - 2013 at 04:02

Iran terminates CNPCs' South Pars contract

Iran has said it has reached an agreement with China National Petroleum Corp (CNPC) to terminate... Read full article »
Iran: Wednesday, April 24 - 2013 at 04:02

Khaled Juffali, Soitec form solar technology JV

Saudi-based Khaled Juffali Co (KJC) has signed a memorandum of understanding with France's Soitec... Read full article »
Saudi Arabia: Wednesday, April 24 - 2013 at 04:01

UAE targets gasoline self-sufficiency by 2014

Abu Dhabi National Oil Co (Adnoc) has said the UAE is set to become self-sufficient in gasoline... Read full article »
United Arab Emirates: Wednesday, April 24 - 2013 at 04:01

Al Hosn Gas says Shah gas project to be completed by end 2014

Abu Dhabi Gas Development Co (Al Hosn Gas), a joint venture between Abu Dhabi National Oil Co (... Read full article »
United Arab Emirates: Tuesday, April 23 - 2013 at 05:13

Global oil market 'well-balanced': UAE

The UAE energy minister has said the global oil markets are "well-balanced," with adequate... Read full article »
United Arab Emirates: Tuesday, April 23 - 2013 at 05:13

Abu Dhabi to award Bab gas deal soon

Abu Dhabi National Oil Co (Adnoc) has said Royal Dutch Shell is in a strong position to win a... Read full article »
United Arab Emirates: Tuesday, April 23 - 2013 at 05:13

Qatar to build $1.5bn refinery

Qatar Petroleum has signed a joint venture agreement with a consortium led by France's Total to... Read full article »
Qatar: Tuesday, April 23 - 2013 at 05:13

Iran to upgrade four refineries by year-end

Iranian deputy oil minister Alireza Zeighami has said the country will finish projects to develop... Read full article »
Iran: Monday, April 22 - 2013 at 07:37

Kuwait Energy consortium to ink Afghan exploration deal

A group including Kuwait Energy Co has said they may sign an agreement in early June for two... Read full article »
Kuwait: Monday, April 22 - 2013 at 07:37

Iran owed $4bn by oil buyers

The managing director of the National Iranian Oil Co (NIOC) Ahmad Qalebani has said his country... Read full article »
Iran: Monday, April 22 - 2013 at 07:36

Iran says OPEC emergency meeting not needed

Iranian oil minister Rostam Qasemi has said his country sees no need for an emergency meeting of... Read full article »
Iran: Sunday, April 21 - 2013 at 05:51

SEC to build two power plants in Tabuk

Saudi Electricity Co (SEC) has announced plans to set up two power-generating plants with a... Read full article »
Saudi Arabia: Sunday, April 21 - 2013 at 05:51
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