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Iran to look for shale oil near Iraqi border

National Iranian Oil Co (NIOC) has unveiled plans to start looking for shale oil and gas this... Read full article »
Iran: Sunday, April 21 - 2013 at 05:51

Saudi increased crude exports to 7.45m bpd in February

According to figures from the Joint Oil Data Initiative (JODI), crude exports by Saudi Arabia... Read full article »
Saudi Arabia: Saturday, April 20 - 2013 at 01:51

Lebanon pre-qualifies 46 firms to bid for offshore gas licences

Lebanese caretaker energy minister Gebran Bassil has announced 46 international and local oil... Read full article »
Lebanon: Saturday, April 20 - 2013 at 01:51

OPEC could reduce output to keep price at $99: Apicorp

The Arab Petroleum Investments Corp (Apicorp), an inter-governmental Arab energy lender, has said... Read full article »
Middle East: Thursday, April 18 - 2013 at 02:52

Aramco set to award L&T $800 deal: report

Saudi Aramco is set to award Indian engineering and construction firm Larsen & Toubro (L&T) a $... Read full article »
Saudi Arabia: Thursday, April 18 - 2013 at 02:52

Kurdistan inks oil deal with Turkey, bypassing Baghdad

The government of Iraq's semi-autonomous Kurdistan Region has signed last month a landmark... Read full article »
Iraq: Thursday, April 18 - 2013 at 02:52

Egypt to import extra fuel this summer

Egypt's petroleum minister Osama Kamal has said the government plans to import additional fuel... Read full article »
Egypt: Wednesday, April 17 - 2013 at 06:04

SEC reports growing quarterly losses

Saudi Electricity Co (SEC) has said rising costs of energy purchased from independent producers... Read full article »
Saudi Arabia: Wednesday, April 17 - 2013 at 06:04

Egyptian oil, gas prospection contracts awarded

Egyptian petroleum ministry has awarded contracts for a minimum investment of $1.2bn in eight oil... Read full article »
Egypt: Wednesday, April 17 - 2013 at 06:04

Saudi Arabian to nominate new OPEC research head

Saudi Arabia has put forward a candidate to replace Hasan Qabazard as head of research at Opec ,... Read full article »
Saudi Arabia: Wednesday, April 17 - 2013 at 06:03

Bapco picks Technip for SRU project

France's Technip has been awarded a $16.657m lump-sum contract by Bahrain Petroleum Co (Bapco)... Read full article »
Bahrain: Tuesday, April 16 - 2013 at 05:21

Manifa oilfield starts production

Saudi Aramco said it has started pumping oil from its giant 900,000 barrels per day Manifa... Read full article »
Saudi Arabia: Tuesday, April 16 - 2013 at 05:21

Saudi approves 25 water, sewage projects

Saudi Arabia has allocated $96m for water and sanitation projects including reservoirs across the... Read full article »
Saudi Arabia: Tuesday, April 16 - 2013 at 05:21

QPI acquires Canadian gas and oil assets

Qatar Petroleum International (QPI) and UK-based Centrica have acquired gas and oil assets in... Read full article »
Qatar: Tuesday, April 16 - 2013 at 05:20

Iraq awards LSIS $45.8m deal to build GIS facilities

Iraq has awarded South Korea's LS Industrial Systems (LSIS) a $45.8m order to build two Gas... Read full article »
Iraq: Monday, April 15 - 2013 at 04:57
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