Qatar leads rise in global LNG production
Qatar is leading the increase in the global supply of Liquefied Natural Gas (LNG), as its output grew by a...
Energy
Saudi Electricity posts $683 million profit in 2012
Saudi Electricity Company (SEC) posted a net profit of SR 2.56 billion in 2012, compared to SR 2.21 billion in...
ExxonMobil will expand operations in Iraq
Premier Nouri al-Maliki discussed with ExxonMobil president Rex Tillerson the operations of the company in Iraq, stressing that the work...
Iraq finds extra billion barrels of oil
Iraq said it has discovered deposits of crude equivalent to one billion barrels of oil after the first exploration work...
Iraq to achieve electricity self-sufficiency by end 2013
Electricity minister Kareem al-Jumaily announced that Iraq will achieve electricity self-sufficiency at the end of this year, except the problem...
Saudi Arabia to set up power buyer for renewable electricity
Saudi Arabia will form a company to buy power from generators of renewable energy and to cover any cost difference...
Saudi Arabia joins the International Renewable Energy Agency
Saudi Arabia has joined the Abu Dhabi-based International Renewable Energy Agency (IRENA), coinciding with the convening of the IRENA 3rd...
Cyprus and Lebanon agree to boost cooperation in oil exploration
Cyprus and Lebanon agreed to boost cooperation and look into ways to explore gas and oil in their waters, President...
Smart power grids in Qatar soon
Qatar hopes to produce 200 megawatts (MW) of electricity from renewable resources by 2020. Qatar General Water and Electricity Corporation...
Iraq approves oil exploration deal with Kuwait Energy
Iraq has approved an oil exploration deal with a Kuwait Energy -led group, a senior oil official said, to take...
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