Saudi Aramco invites bids for new refinery
Saudi Aramco has invited bids for the construction of a new refinery in Jizan, an underdeveloped province bordering Yemen, industry...
Energy
Iraq oil production to exceed Iran's supply by 2015
Iraq aims to more than double its oil output by 2015, which will place it in second place among OPEC...
Bahrain oil output to double in 5 years
Bahrain’s oil output is expected to double to 100,000 barrels a day (bpd) from the current 50,000 bpd within five...
UAE to join world's 12 largest gas suppliers
The UAE announced that it will join the top 12 gas suppliers in the Gas Exporting Countries Forum (GECF). The...
Saudi Arabia plan $109 billion solar energy project to reduce oil consumption
If Saudi Arabia doesn’t develop an efficient, renewable energy infrastructure soon, it could burn 850 million barrels of oil each...
Qatar joins the Global Green Growth Institute
The State of Qatar joined a consortium of founding member countries in initialing the agreement of establishment of the Global...
Iraq to import 250MWs from UAE
Iraqi Ministry of Electricity will import 250 megawatts from the United Arab Emirates in a bid to reduce the electricity...
Deputy Minister of Electricity inaugurates Saudi Energy 2012
Deputy Minister of Electricity, Dr. Saleh Al-Awaji, inaugurated the Saudi Energy 2012 — The 15th International Show for Electricity, Lighting,...
Saudi Arabia targets 41 GW of solar by 2032
Positioning itself to become one of the largest solar markets globally, the governments King Abdullah City for Atomic and Renewable...
Bahrain to spend $15bn on developing oil, gas
Bahrain plans to invest US$15bn to develop crude oil and natural gas resources over the next two decades, Oil Minister...
The latest Middle East Business News & Events brought to you on a daily basis from multiple credible news portals around the world