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Red-Dead project feasible: WB
The World Bank has said the Red Sea-Dead Sea Water Conveyance Project is feasible, despite the... Read full article »
Seven blocks to be awarded in Oman in 2013
Oman's oil and gas ministry is evaluating and inviting exploration bids for seven onshore and... Read full article »
Jordan urges Iraq to exclude oil tanks from border closure decision
The Jordanian government has asked Iraq to allow some 300 oil tank to cross into the kingdom,... Read full article »
TAQA acquires stake in India's HSPL hydro plant
Abu Dhabi National Energy Co (Taqa) has announced the acquisition of a minority interest in the... Read full article »
Sanabil, PPA acquire stake in ACWA Power
Saudi Arabia's sovereign wealth fund Sanabil and the kingdom's pension agency have acquired 19%... Read full article »
Oman selects Tractbele to prepare OETC master plan
Oman Electricity Transmission Co (OETC) has awarded Belgium-based engineering consultant... Read full article »
Kuwait oil revenues climb 15% in 8 months
The National Bank of Kuwait (NBK) has said the country's total revenues for the first eight... Read full article »
Saudi crude oil exports seen to drop by 2018
Saudi Arabia's drive to build new refineries is expected to lead to a decline in its maximum... Read full article »
OPEC to increase supply to meet peak winter demand
According to tanker tracker Oil Movements, crude shipments by Opec members are set to be... Read full article »
Saudi Arabia moves to keep oil prices above $100
Saudi Arabia has cut oil production substantially, moving to defend prices well above $100 a... Read full article »
Crescent says Dana Gas debt restructuring deal 'fair'
Crescent Petroleum, the largest shareholder in UAE-based Dana Gas, has said the terms of Dana's... Read full article »
UAE sees global oil demand to grow by 90,000 bpd in 2013
Ali Obaid al-Yabhouni, the UAE governor for the Opec, has said moderate and slow recovery of the... Read full article »
KEPCO awards Wärtsilä service deal for tri-fuel power plant
Finland-based Wärtsilä has been selected to service Jordan's Amman Asia Electric Power's power... Read full article »
FAL Oil freezes restructuring talks
FAL Oil Co, a UAE-based energy trader that's under US financial restrictions for links to Iran,... Read full article »
Kuwait Energy-led group signs Iraq oil exploration deal
Iraq has approved an oil exploration deal with a group led by Kuwait Energy to take the place of... Read full article »
