Iran, Iraq deal to boost cooperation in electricity
High-ranking officials from Iran and Iraq on Friday signed two memorandums of understanding (MoUs) and a contract to boost cooperation between the...
Energy
NMDC wins $1.36bn Abu Dhabi island construction contract
UAE-based National Marine Dredging Company (NMDC) has been awarded a major contract by Abu Dhabi National Oil Company (Adnoc) to...
Iraq, Jordan agree deal over trade of oil and goods
Iraq resumed oil deliveries to neighboring Jordan Saturday as the premiers of both countries met along their shared border as...
Egypt, Lebanon in talks over petroleum, gas cooperation
Petroleum Minister Tarek el Molla discussed on Thursday with his Lebanese counterpart Cesar Abi Khalil ways of boosting bilateral cooperation...
Saudi Arabia unveils $1.5bn renewable energy projects
Saudi Arabia has launched the second phase of its renewable energy program, comprising seven solar projects worth $1.5 billion, according...
$1bn UK financing for Iraqi electricity
UK Export Finance (UKEF) has announced it will support UK firms with US $1.02 billion to build two new power...
Russian oil giant to revamp Tripoli facility
The giant Russian oil company Rosneft is set to soon start storing oil reserves in a specially built storage facility...
New international companies to pump investments in Red Sea in 2019
Petroleum Minister Tareq el Molla said new international companies are planning to pump investments in oil exploration in the Red...
JLanka to invest $10mn in Bahrain renewable energy sector
Sri Lanka-based JLanka International, a premier solar and renewable energy technology solutions provider, has announced an investment of up to...
“Discussions Ongoing” between Siemens and Iraq
Talks are reported to be continuing between Germany’s Siemens and the Iraqi Ministry of Electricity regarding a major investment in...
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