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...
Energy
Saudi Arabia carrying out SR140 billion energy projects in 2012
Saudi Arabia is implementing energy projects at a cost of SR 140 billion during the current year, thus topping the...
Exxonmobil signs $100 million contract to drill 20 oil wells in Iraq
US oil giant company ExxonMobil Corporation has signed a contract with the state-run Iraqi Drilling Company to drill 20 oil...
Jordan's nuclear reactor price tag may reach $10 billion
Rising construction costs are likely to push the price tag of the Kingdom’s first nuclear reactor to some $10 billion,...
ABB wins $16m order to support power infrastructure in Iraq
ABB has won an order worth approximately $16 million from Mass Global Investment Co. for the construction of a substation...
Iraq hits new oil export highs in April
Iraq’s crude oil exports averaged 2.508 million bpd in April, the highest level in decades, the head of the State...
Iraqi foreign minister to discuss Kurdistan, oil projects in Moscow
MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov and his Iraqi counterpart Ibrahim al-Jaafari will meet in Moscow on Oct....
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