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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 »
Jordan: Tuesday, January 15 - 2013 at 06:20

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 »
Oman: Tuesday, January 15 - 2013 at 06:20

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 »
Jordan: Tuesday, January 15 - 2013 at 06:19

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 »
United Arab Emirates: Monday, January 14 - 2013 at 04:25

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 »
Saudi Arabia: Monday, January 14 - 2013 at 04:24

Oman selects Tractbele to prepare OETC master plan

Oman Electricity Transmission Co (OETC) has awarded Belgium-based engineering consultant... Read full article »
Oman: Sunday, January 13 - 2013 at 02:58

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 »
Kuwait: Sunday, January 13 - 2013 at 02:58

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 »
Saudi Arabia: Sunday, January 13 - 2013 at 02:57

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 »
Middle East: Sunday, January 13 - 2013 at 02:57

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 »
Saudi Arabia: Saturday, January 12 - 2013 at 03:07

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 »
United Arab Emirates: Saturday, January 12 - 2013 at 03:06

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 »
United Arab Emirates: Thursday, January 10 - 2013 at 01:47

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 »
Jordan: Thursday, January 10 - 2013 at 01:47

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 »
United Arab Emirates: Thursday, January 10 - 2013 at 01:46

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 »
Iraq: Thursday, January 10 - 2013 at 01:46
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