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Sanctions force Shell to repay Iran $1.4bn in debt through barter deal
Royal Dutch Shell is seeking to repay a $1.4bn oil debt to Iran with a grain barter deal via US-... Read full article »
Taqa seeking to refinance $2bn loan
Abu Dhabi National Energy Co (Taqa) has hired 10 banks led by Bank of Tokyo-Mitsubishi UFJ to... Read full article »
Foster Wheeler, Amec awarded contracts by KNPC
Kuwait National Petroleum Co (KNPC) has named Foster Wheeler and Amec companies as consultants... Read full article »
Global oil output increases as Opec, US pump more: report
The US Energy Information Administration has said the world has produced more oil in October as... Read full article »
QP, Exxon to build LNG plants in the US
Qatar Petroleum (QP) and Exxon Mobil have announced they have received a first permit to export... Read full article »
Areva's uranium deal with Jordan ended
Jordan has announced the termination of a uranium mining licence for a joint venture between... Read full article »
Fujairah pipeline to carry most of UAE's onshore oil exports
The UAE oil minister Mohammed Al Hamili has said the country's key Fujairah pipeline bypassing... Read full article »
Jordan, Whitehorn ink MoU for shale oil production
Jordan has signed a memorandum of understanding with Canadian firm Whitehorn to tap into the... Read full article »
WorleyParsons gets contract extension for the Rumaila oilfield
Iraq's State Oil Marketing Organisation (SOMO) has awarded Australia's WorleyParsons an extension... Read full article »
Qasemi: Iran currently pumps 4m bpd
Iran's oil minister Rostam Qasemi has said his country's oil production currently stands at four... Read full article »
KRG agrees to increase oil exports next year
The Kurdish regional government (KRG) has said it would export 250,000 barrels of oil per day (... Read full article »
Taqa-led consortium lowest bidder for SEC power plant
A group led by Abu Dhabi National Energy Co (Taqa) has submitted the lowest price to build a... Read full article »
Oman pumps 915,000 barrels a day of crude oil
Oman's oil minister, Mohammed Al Romhi has said the sultanate is pumping an average of 915,000... Read full article »
Enec to provide EENG with 5,600 MW of electricity from nuclear energy by 2021
The Emirates Nuclear Energy Corp (Enec) has announced it is to supply the Emirates Electric... Read full article »
South Korea to resume Iran oil imports
South Korea is set to resume oil imports from Iran this month after crude cargoes were halted by... Read full article »
