United Arab Emirates >> 10/16/2012 - Abu Dhabi National Energy Company PJSC (TAQA) received a private-public delegation from the Republic of Korea. The visit is part of a series of meetings to foster cooperation between Abu Dhabi and Sou... |
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Saudi Arabia >> 10/16/2012 - Emerson underlined its commitment to the Middle East and Africa market with the announcement of a US$25 million investment to create a technology and innovation centre in partnership with the King Fah... |
Egypt >> 10/15/2012 - Eng. Osama Kamal, Minister of Petroleum and Mineral Resources, received Ann Paterson, U.S. Ambassador to Cairo, at the Ministry of Petroleum headquarters . They discussed cooperation horizons between ... |
Austria >> 10/12/2012 - OECD Preliminary data for August shows that total OECD commercial oil stocks dropped by 29.0 mb over the previous month. Crude oil led the fall, declining by almost 20.0 mb, while products... |
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Iraq >> 10/10/2012 - Iraq needs to invest $500 billion from now until 2030 to upgrade its oil and gas industry, as well as its electricity sector, the country's deputy prime minister for energy affairs said. ... |
Kenya >> 10/10/2012 - Shareholders of ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, have voted overwhelmingly in favor of the Company’s proposals that will enable fund ... |
Russia >> 10/9/2012 - TNK-BP announces that it will invest over $660 million in infrastructure facilities at the fields of OJSC Orenburgneft and LLC Buguruslanneft (subsidiaries of TNK-BP) in 2012, which is 42% more than l... |
Kuwait >> 10/8/2012 - Qatar First Investment Bank (QFIB), Qatar’s first independent Shari’ah compliant investment bank authorized by the QFC Regulatory Authority, and Kuwait Energy, one of the fastest growing independent o... |
Oman >> 10/6/2012 - The rate of growth of the Omani economy is projected to continue rising, fuelled by increased public spending and robust oil prices, according to a recent report published by the National Commercial B... |
Iran >> 10/6/2012 - Offering South Pars gas field bonds worth of 10.000 rials kicked off today at selected branches of Bank Mellat. ... |
Iraq >> 10/4/2012 - Gulf Keystone announces the launch of an offering (the Offering) of senior unsecured convertible bonds due October 2017 (the Convertible Bonds) in a principal amount of USD$ 200 million, which may be ... |
Kenya >> 10/2/2012 - Chrome Oil Services Ltd. and Chrome Energy LLC, subsidiaries of The Chrome Group, a leading West African oil and gas conglomerate, announced their support for ERHC Energy Inc.’s proposal for raising f... |
Oman >> 10/2/2012 - Oman Oil Company, the wholly Omani government owned energy investment vehicle, has announced plans to invest around $800 million in the establishment of a major petrochemicals plant at Sohar Industria... |
Iran >> 10/2/2012 - According to a report by public relations department of Bank Mellat, the bank will issue the bonds to provide money for development of South Pars gas field phase 11 to 24 as well as development of its... |
Uganda >> 10/1/2012 - Egypt's Citadel Capital could be an investor in Uganda's proposed $2.5 billion oil refinery project, the Egyptian private equity firm's managing director said. Uganda, east Africa's third-largest econ... |
Iran >> 9/30/2012 - Managing director of National Iranian Oil Refining and Distribution Company (NIORDC) says Bank Mellat has expressed willingness to buy stakes at Persian Gulf Star oil refinery. ... |
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Iraq >> 9/30/2012 - Iraq will invest around $500 billion in energy and linked industries with the help of the private sector by 2030, generating around $6 trillion in revenues, the Deputy Prime Minister for Energy said. ... |
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Egypt >> 9/28/2012 - Sami Abdul-Hadi, the acting chairman of the Holding Company for Petrochemicals said that the Egyptian gas represents a national wealth that must be preserved and exploited in the development of petroc... |
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Egypt >> 9/25/2012 - In the presence of Egypt's Prime Minister Hesham Qandil, the Kuwait Fund for Arab Economic Development ( KFAED ) signed on Tuesday a KD 17 million (USD 60.5 million) loan to Egypt for the second stage... |
Iran >> 9/24/2012 - Managing director of National Iranian Offshore Oil Company (NIOOC) says the company is engaged in negotiations for signing several contracts worth 14 billion dollars. ... |