Over 40 firms express interest in Lebanese gas exploration
Lebanon’s first gas tender, set to take place in February 2013, is expected to attract more than 40 international oil...
Energy
Iraq named as world’s second largest oil producer by OPEC
Iraq hopped 2 positions to become the world’s second largest oil producer in 2012. OPEC ranked Iraq to be the...
GCC aluminum scrap and recycling market to grow by 10%
The aluminum scrap and recycling market in the GCC was estimated at 292,281 metric tons (MT) in 2010 and is...
Kuwait municipality to build 3 new recycling plants
The Kuwait Municipality director, Eng. Ahmed Al-Subaih, said that the problem of getting rid of solid, constructional and municipal waste...
GCC population to soar by 30% by 2020
The GCC population will soar by 30 per cent to 53.5 million people who will form an increasing strain on...
Abu Dhabi’s TAQA buys stake in Iraqi Kurdistan oil block for $600 million
Abu Dhabi National Energy Co ( TAQA ) has bought a 53.2 percent operating interest in Iraqi Kurdistan's Atrush oil...
$300 million solar and wind projects in Jordan
Jordan is set to receive $300 million from the Gulf states to boost investment in renewable energy, officials say, as...
Saudi Aramco to drill 7 gas exploration wells in Tabuk
State oil giant Saudi Arabian Oil Co., or Aramco, plans to drill seven gas exploration wells in deep and shallow...
Lebanon to seek pre-qualification gas exploration bids in February
Lebanon will seek bids from Feb. 1 from companies wanting to pre-qualify for oil and gas exploration drilling in its...
HSBC to fund Lebanon’s Zouk and Jiyeh power plants rehabilitation
HSBC Bank won a tender to carry out maintenance work at Zouk and Jiyeh power plants instead of providing the...
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