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DNO says Oman's West Burkha to be connected to export pipeline soon
Norwegian oil and gas company, DNO International has said the West Bukha-4 well, Block 8 offshore... Read full article »
ACWA Power Barka posts nine-month profit increase
Oman-based power generation company Acwa Power Barka has said its net profits for the first nine... Read full article »
Iran says can export 10,000 MW of electricity annually
Iranian deputy energy minister Mohammad Behzad has said his country has the capacity and... Read full article »
Dana creditors plan to go after Egyptian assets
The failure by Dana Gas to repay a $920m Islamic bond on maturity has prompted holders of the... Read full article »
Iraq, Turkey sign $350m drilling deal
Iraq has signed an agreement with Trukey worth a total $350m for the drilling of 40 oil wells in... Read full article »
Dewa's credit rating raised by S&P
Standard & Poor's has raised its credit rating for the Dubai Electricity and Water Authority (... Read full article »
Opec raised production in September
Oil output by Opec has risen slightly in October as additional supplies from Iraq, Angola and... Read full article »
Dana Gas will not repay Islamic bond today
The UAE's largest listed natural gas firm, Dana Gas, will not repay a $920m convertible sukuk... Read full article »
Mena needs $250bn investment in power sector to meet demand
The Arab Petroleum Investment Corp (Apic) has said the Middle East and North Africa (Mena) region... Read full article »
Iran needs $4.6bn to raise gas production by 2016
The National Iranian Gas Co has said the Islamic Republic needs some $4.9bn of investment in its... Read full article »
Iran says power generation capacity to reach 70,000 MW
Iranian energy minister Majid Namjou has said the country's power generation capacity is set to... Read full article »
Iraq resumes oil exports from Basra
Oil exports from Iraq's southern Basra terminals were restored to more than 2.66 million barrels... Read full article »
Iran's September condensates exports top $1bn
Head of customs in Iran's Pars Special Zone has said exports of condensates in the last month... Read full article »
Phoenix Power awards Omanoil fuel deal
Oman Oil Marketing Co has been awarded a OR10m contract by Phoenix Power Co to supply contingency... Read full article »
Iran agrees to finance Iran-Pakistan gas pipeline
Iran is set to sign next month a $250m loan agreement to finance the $1.5bn Iran-Pakistan (IP)... Read full article »
