Pearl Petroleum to raise funds for investment in Kurdistan Region
Pearl Petroleum, a consortium that oil and gas operator Dana Gas leads, has announced it will increase funds for its...
Energy
$200mn to improve Iraq’s electricity supply
A new $200 million World Bank project will provide increased and more reliable supply of electricity to about 2.5 million...
Egyptian Consortium pumps $37mn in Benban project
The only Egyptian consortium involved in Benban project, injected about $37 million into the $2 billion project, according to Head...
Iraq signs agreement with Germany’s Siemens to rebuild power sector
Iraq has taken a step forward to rebuilding its power sector after it signed an agreement with German company Siemens...
Iraq keen to benefit from Egyptian expertise in electricity
Electricity ministers of Egypt and Iraq have discussed means to enhance bilateral cooperation between the two countries in the fields...
Dewa, Canada’s Enbala build region’s first virtual power plant
Dubai Electricity and Water Authority (Dewa) said it has joined hands with Canadian company Enbala to build the region’s first...
Bassil says hopes for Lebanese-Cypriot alliance in oil, gas
Bilateral agreements with Cyprus must be drawn up quickly so that the drilling of exploratory wells near the Cypriot-Lebanese maritime...
Iran, Iraq agree on development of joint oilfields
Iran and Iraq have reached an understanding on the joint development of the Naft Shahr and Khorramshahr oilfields, Iranian Minister...
Iranian president calls for gas, power trade expansion with Iraq
Iranian President Hassan Rouhani on Saturday called for Tehran and Baghdad to raise their gas and electricity agreements and boost...
Lebanon’s Cabinet endorses power plan, sends strong signal on reform
The Cabinet Monday sent a strong signal to the international community about its resolve to enact reforms by unanimously endorsing...
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