GCC share of global oil reserves likely to rise to 70%
Share of the Gulf Cooperation Council (GCC) countries to the world oil reserves is predicted to rise from the current...
Energy
GE Energy wins major Iraq contract
Energy giant GE said it has won a contract from Mass Global Investment Company (Mass Global), an independent Kurdish power...
Iraq to export liquefied gas by end 2013
Iraq’s Oil Ministry spokesman, Assem Jihad, said he expects that liquidified gas will be exported from Iraq by the end...
Qataris go green with a battery recycling plant
A battery recycling factory with a facility to handle 4,000 metric tonnes of battery waste every year is being set...
$33bn worth of power and water projects ongoing in the Middle East
The energy sector in the Middle East region is witnessing a surge of fresh investments in 2012, with 97 new...
Siemens deploys two new gas turbines for Hail plant in Saudi Arabia
Siemens in association local contractor Alfanar has commissioned first two of its SGT6-2000E gas turbine units at the Hail-2 Extension-III...
Abu Dhabi's hydrocarbon investments now at $40b
Abu Dhabi is spending $40 billion on creating new infrastructure to boost oil and gas output, aside from building new...
Saudi Electricity enters into deal with Shaw on power plants
The Shaw Group Inc. announced Wednesday it has been awarded a new contract to implement a fleetwide services program for...
Kuwait supports establishing a natural gas terminal in Aqaba
Minister of Planning and International Cooperation Jafar Hassan on Sunday met with Director General of the Kuwait Fund for Arab...
Russia’s Bashneft wins Iraqi energy contract
Russian oil giant Bashneft has been award the rights to explore for oil in the south of the country after...
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