UAE has world's 7th largest gas wealth
An increase in the gas reserves of Iran, the United States and former Soviet Union boosted the world's total resources...
Energy
Kuwait starts project of National Center for Renewable Energy
The execution of Kuwait's ambitious KD 70 million-worth National Center for Renewable Energy Research and Applications kicked off, the Project...
Saudi Arabia aims to privatize electricity sector by 2014 as demand increases
Saudi Arabia aims to liberalize its power industry beginning with the privatization of the electricity sector by 2014, experts said....
New Saudi mega projects proposed to comply with green building requisites
The design, construction and operation of new mega projects in Saudi Arabia must comply with the environmental assessments and green...
Experts estimate $40 billion gas reserves off Lebanese coast
An international firm has estimated the volume of gas in Lebanon’s south-west corner to be close to 25 trillion cubic...
Jordan and Iraq to build oil pipeline
Jordan and Iraq agreed to construct a pipeline to supply the Kingdom with crude oil and natural gas, the Jordan...
Qatar Petroleum plans up to $13 billion in projects in 2014
Qatar Petroleum, the Gulf country’s state-run energy company, plans to finance $10 billion to $13 billion worth of projects in...
Drake & Scull wins Iraqi $358.8 million pipeline contract
Drake & Scull has been awarded a Dhs1.314 billion ($358.8 million) contract to install a pipeline in an Iraqi oilfield,...
Saudi Arabia eyes 30,000 MW additional power
By 2020, the Saudi government is planning to create an additional 30,000 MW of generation capacity, Kuwait Financial Centre (...
World oil demand to increase in 2013
The Organization of the Petroleum Exporting Countries expected world oil demand to reach 88.74 million b/d in 2012, constituting an...
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