The Middle East accounts for 43% of world's proven natural gas reserves
The Middle East region's proven natural gas reserves were estimated at 2,843 trillion cubic feet (tcf) at end-2012, equivalent to...
Energy
Potential gas reserves reach 170 trillion cubic feet in Iraq
Iraqi Prime Minister, Nuri al-Maliki said that the fixed gas reserves in Iraq amounted to about 112 trillion standard cubic...
Lukoil plans to double its investments in Iraq
Iraqi government said that the Russian company Lukoil plans to double its investments in the extraction and petrochemical industries field...
Saudi oil exports hit 1.27 billion barrels in six months
Saudi Arabia exported nearly 1.27 billion barrels of oil in the first six months of the current year that yielded...
Natural gas prices to significantly rise in 2013 partly due to limited production
The global natural gas market is forecast to post surpluses in each of 2013 and 2014 as demand growth remains...
420,000 new subscribers linked to Saudi Electricity Company every year
Saudi Electricity Company ( SEC ) says 420,000 new subscribers are joining its grid every year. Ali bin Saleh Al-Barrak,...
Renewable energy use gaining momentum worldwide
Renewables like solar and wind represent the fastest-growing source of energy power generation and will make up a quarter of...
Renewable energy investment in the MENA region rises 40%
While worldwide renewable energy investment was 12 percent lower in 2012 compared with 2011, investment in the sector in the...
Iraq to announce in July firms to build oil pipeline to Jordan
Iraq plans to announce in July prequalified companies to build the country's first oil export pipeline in decades via Jordan,...
Iraq’s electricity capacity reaches 10,000 MW
The Ministry of Electricity announced that the production capacity for energy or electricity has reached around 10,000 MW, which is...
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