Saudi Revenue From Oil and Products Rises 48%
Saudi Arabia’s revenue from exports of crude oil and other petroleum products jumped 48 percent in 2011 as shipment volumes...
Energy
UAE nuclear power project wins approval
The state company behind the United Arab Emirates’ first nuclear power plant said Monday it has received a green light...
Alstom in €100m contract for Riyadh gas-fired power plant
Alstom Thermal Power, Alstom’s division in charge of thermal power generation equipment and services, has recently signed a contract worth...
ABB to invest $40 million in Saudi power projects
ABB Ltd said it will invest around $40 million to construct a new manufacturing plant for high-voltage gas-insulated switchgear and...
Iraq signs energy exploration contracts
Iraq signed the gas exploration contract with Pakistan Petroleum Ltd. (PPL) for gas Block 8, which lies in the Diyala...
Lebanon ranks seventh for oil and gas investment
Lebanon ranked seventh in Middle East and North Africa in terms of attractiveness for upstream oil and gas investment, according...
Three new power plants for Iraq
An international consortium has received local government approval to build three new power stations in central and southern Iraq, and...
Iraq crude production overtakes Iran
Iraq’s crude oil production overtook Iran’s last month for the first time since 1988, when the countries ended their eight-year...
Electricity production in Iraq to hit new record in July
Iraq's Ministry of Electricity has announced that it was producing at a rate of 8,027 MW at the end of...
Oman invests $3.1bn in 16 power, water projects
The Middle East energy sector is witnessing a surge of fresh investment in 2012, with 97 new power and water...
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