Cheap solar supplying power at night seen soon in Middle East
Solar plants that supply electricity at competitive prices after the sun goes down are about to become a reality in...
Energy
Three wind farms in Lebanon’s Akkar region get licensed
The Council of Ministers approved three permits for private companies to operate wind turbines for electricity. The permits will be...
Lebanon eager to award first offshore contracts, become gas exporter
Lebanon, a country that unlike many of its neighbors has faced high energy prices for a generation, wants to become...
Total to invest $3.5 billion over five years in Qatari field
France's Total will invest $3.5 billion over five years in Qatar's offshore Al Shaheen oilfield and expects to keep production...
$1.26 billion allocated to develop electricity distribution networks in Egypt
The Ministry of Electricity has allocated $1.26 billion (EGP 22.5bn) for the maintenance of cables and developing electricity across the...
Middle East diesel genset market expected to cross $1.54 billion by 2026
In the recent report of "Middle East Diesel Genset Market By Type, Medium Power, High Power, By End User Segment,...
Orascom Construction wins contract for Egypt power plan
Construction and engineering firm Orascom Construction has secured a $100m contract to build a new steam-turbine power plant in Walideya,...
French energy company inking $4.8 billion deal with Iran
Iran will sign a multi-billion dollar natural gas contract with France’s Total and China’s CNPC on Monday, amid extended sanctions...
Middle East accounts for 48% of global oil reserves
BP estimated that the Middle East region's proven crude oil reserves reached 813.5 billion barrels at end-2016, equivalent to 47.7%...
Gazprom Neft considers new Iraqi Kurdistan oil projects
Gazprom Neft , the oil arm of Russian gas giant Gazprom, said it was considering an offer expand its activities...
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