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Dana Gas reaches structuring deal with creditors
Sharjah-based Dana Gas, which missed payments on nearly $1bn of Islamic bonds last week, has... Read full article »
Citadel opens Egypt's first private power station
Egyptian private equity firm Citadel Capital has announced the opening of the country's first... Read full article »
Iraq says Exxon wants to quit West Qurna 1
Iraq's oil ministry has said ExxonMobil wants to withdraw of the $50bn West Qurna-1 oilfield in... Read full article »
Qatar to increase crude production, capacity: QNB
According to a report by Qatar National Bank (QNB), the country's crude production and capacity... Read full article »
Dana Gas negotiating standstill deal with bondholders
UAE-based Dana Gas has said negotiating a standstill agreement with bondholders after the fuel... Read full article »
Saudi Aramco, CGGVeritas ink R&D agreement
Saudi Aramco has signed an agreement with CGGVeritas to conduct a major joint R&D project... Read full article »
OPWP seeks bids for Qurayat IWP
Oman Power and Water Procurement Co (OPWP) has invited international consultants to express their... Read full article »
South Korea seeking UAE partnership in Turkish nuclear project: report
South Korea is seeking a partnership with the UAE to win the nearly $20bn deal for Turkey's... Read full article »
KPC to spend $100bn on oil projects in five years
Faruq al-Zanki, the CEO of Kuwait Petroleum Corp (KPC) has said the Gulf country plans to spend... Read full article »
Seven new blocks up for bids in Oman
Omani and international oil and gas firms have been invited by the government to bid for licences... Read full article »
Oman's link to GCC power grid completed
Oman's Public Authority for Electricity and Water (PAEW) has announced that all three phases of... Read full article »
US releases heating oil reserves for first time
The US Energy Department is set to release fuel from the northeast heating oil reserve to help in... Read full article »
Yemen expects LNG pipeline to be repaired within one week
Yemen's oil minister has said a gas pipeline feeding the country's only liquefied natural gas (... Read full article »
Dewa to review electricity, water usage
Dubai Electricity and Water Authority (Dewa) has launched an electricity and water consumption... Read full article »
Jordan to begin importing LNG by 2014
Jordanian finance minister Suleiman Hafez has said the kingdom will begin importing liquefied... Read full article »
