S.Korea's Posco E&C wins $700 million order in Iraq
South Korea's POSCO Engineering & Construction said it had won a $700 million order to build a power generation plant...
Energy
Petroleum projects in the GCC estimated at $659.1 billion
The total value of planned petroleum projects in the Gulf region is estimated at $ 659.1 billion as of July...
5MW solar power project in Bahrain
Petra Solar, Bahrain Petroleum Company (BAPCO) and the National Oil & Gas Authority (NOGA) have come together to collaborate on...
Iraqi oil revenues up by $1bn in July
Iraq’s oil revenues jumped by about $1 billion from June to July, according reports from AFP and Aswat al-Iraq. Oil...
Arab countries earn $625billion from oil exports
The total revenue of the 11 members of the Kuwaiti-based Organization of Arab Petroleum Exporting Countries (OAPEC) soared to $624.8...
Kuwait to get nine new oil tankers in 2014 and 2015
Kuwait Oil Tanker Co ( KOTC ) expects to receive a total of nine new tankers from South Korean companies...
Iraq oil exports up to 2.516 million bpd in July
Iraq's oil exports rose to 2.516 million barrels per day (bpd) on average in July compared with 2.403 million bpd...
Saudi ABB wins $24 m power orders for an aluminum complex
ABB, a major power and automation technology group, has won orders worth around $ 24 million from Maaden Aluminium Company...
Saudi oil revenue rises by 48%
Saudi Arabia’s revenue from exports of crude oil and other petroleum products jumped 48 percent in 2011 as shipment volumes...
French Total signs deal in Kurdistan region of Iraq
French energy giant Total said it had signed an oil exploration deal in the Kurdistan region in Iraq's north, a...
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