Presence of 10 giant new oil fields possible in Iraq
An oil expert said that it is very possible that Iraq would discover 10 new oil fields soon. "Iraq has...
Energy
$80 billion needed to expand power generation in Saudi Arabia
The Kingdom will need SR 300 billion ($80 billion) in investments to expand the country's electricity generation to meet the...
Tapping Lebanon’s gas wealth won’t be complicated
Fresh analysis of offshore seismic surveys of Lebanon is showing that tapping into Lebanon’s gas wealth might be easier than...
ABB wins $120 million Saudi power transformers order
ABB, a leading power and automation technology group, has won orders worth around $ 120 million from the Saudi Electricity...
Qatar Petroleum signs $1.5 billion agreement for Laffan Refinery 2 project
Qatar Petroleum (QP) has signed a landmark joint venture agreement for the new Laffan Refinery 2 (LR2) Project to further...
Greek company wins $1 billion electricity deal in Iraq
Iraq's cabinet has approved a $1.05 billion contract with Greek power plant builder Metka, a subsidiary of the Mytilineos Group,...
Renewable energy use on the rise in the world
Renewable energy constitutes 18 per cent of global energy consumption, a trillion dollar industry and global energy consumption is on...
GCC states may invest $300 billion in power sector by 2020
GCC states are projected to invest more than $300bn in some 20 energy projects expecting to generate 8 Giga watts...
Qatar developing cooling technology for World Cup
Qatar is racing to develop efficient solar-powered cooling technology to counter the searing heat of the Middle Eastern summer in...
46 companies pre-qualified for exploring gas in Lebanon
Lebanon has selected 46 international oil companies to bid to explore for gas in its Mediterranean waters, Energy Minister Gebran...
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