Oman to invest $26 billion in oil
Petroleum Development Oman ( PDO ), the country's flagship oil and gas company, will invest around $26 billion in hydrocarbon...
Oil & Gas
Iraq's crude exports to reach 6m bpd in 5 years
Iraq's oil exports are expected to reach six million barrels per day (bpd) by 2017, as its oil industry slowly...
Petroleum Development Oman awards projects worth $350 million
Petroleum Development Oman ( PDO ) has awarded a series of significant contracts to Omani businesses as part of its...
Iraqi oil revenues reach $8.44 billion in August
MEED magazine reported that Iraqi oil exports reached it is highest peak in 30 year by registering $8.44 billion in...
GCC to reap record oil revenues of $ 572 billion
Gulf economies now appear fairly firmly on track for historically high surpluses, according to a new report from the National...
Qatar wants to be Royal Dutch Shell's top shareholder
Qatar wants to become the biggest shareholder in Royal Dutch Shell RDSa.L by raising its stake to 7 percent to...
$14 billion Saudi Aramco-Total refinery on schedule
A $14 billion refinery being built in the east of Saudi Arabia by a joint venture between Saudi Arabian Oil...
Iraq says to make gas exploration deals more lucrative
Iraq will make future energy exploration contracts more lucrative in a bid to lure a greater number of foreign firms...
Kuwait's oil revenues to hit KD11.3 billion in 5 months
Kuwait is assumed to have achieved actual oil revenues during the first five months in the amount of about KD11.3...
BP plans to invest $24 billion for developing Oman's gas fields
British oil giant BP is expected to invest a whopping $24 billion for the first phase full-field development of its...
The resource of credible, industry-specific updates