Oman urges GCC to reduce domestic energy consumption
Oman and neighboring Gulf states must move towards curtailing energy consumption drastically, reduce subsidies and boost efficiencies to keep the...
Oil & Gas
Natural gas prices to rise by 38%
Global natural gas consumption is projected to grow by an annual average of 2.7% during the 2014-15 period, mainly due...
Iraq to boost oil export capacity
Iraq is set to boost its oil export capacity significantly by the end of the first quarter next year, stepping...
Saudi Arabia fast-tracking shale gas exploration
Saudi Arabia is pushing to boost its oil production capacity by 1.75 million barrels per day by 2017 and is...
Iraq to build $6 billion refinery
Iraq has signed a $6 billion contract with Swiss company Satarem to build and operate a 150,000 barrels per day...
Middle East oil & gas sector needs $1.6 trillion investment
A greater role for private sector investment in the Middle East's oil & gas sector is required to support governments...
Kuwait Oil Company plans $4.2 billion heavy oil facilities
A unit of state-owned Kuwait Oil Company (KOC) will launch a tender later this year for the construction of facilities...
QP unveils new strategy to become world oil & gas giant
Qatar Petroleum ( QP ), the country's bellwether entity, unveiled a new strategy to become a world-class oil giant through...
Abu Dhabi based Taqa oil company to invest more than $300 million in Iraq
Abu Dhabi-based international energy company, Taqa, said it plans to invest more than $300 million for the first phase of...
First plastic pipelines used for oil transportation in Iraq
Missan Oil Company announced implementation of the first experiment in Iraq to use developed plastic pipelines (RTP) to transport oil...
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