Some oil fields likely to remain idle, says Saudi Aramco

Saudi Aramco CEO Khalid al-Falih has said there is little chance of pumping crude from idle fields next year as recovery in world demand is yet to begin, Bloomberg has reported. “We have the excess capacity in case it’s needed but we also have the ability to sustain ourselves with production levels similar to what […]

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Some oil fields likely to remain idle, says Saudi Aramco

Saudi Aramco CEO Khalid al-Falih has said there is little chance of pumping crude from idle fields next year as recovery in world demand is yet to begin, Bloomberg has reported. “We have the excess capacity in case it’s needed but we also have the ability to sustain ourselves with production levels similar to what […]

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Dragon Oil asks for ultimatum on takeover bid

Dubai-based independent oil and gas producer, Dragon Oil, will ask the Irish Takeover Panel to issue an ultimatum to the oil explorer’s largest shareholder, Emirates National Oil Company (ENOC), to either make a bid for the company or stop its takeover attempts, the Sunday Times has reported. ENOC, which owns 52% of Dragon, said in […]

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Dragon Oil asks for ultimatum on takeover bid

Dubai-based independent oil and gas producer, Dragon Oil, will ask the Irish Takeover Panel to issue an ultimatum to the oil explorer’s largest shareholder, Emirates National Oil Company (ENOC), to either make a bid for the company or stop its takeover attempts, the Sunday Times has reported. ENOC, which owns 52% of Dragon, said in […]

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Dragon Oil asks for ultimatum on takeover bid

Dubai-based independent oil and gas producer, Dragon Oil, will ask the Irish Takeover Panel to issue an ultimatum to the oil explorer’s largest shareholder, Emirates National Oil Company (ENOC), to either make a bid for the company or stop its takeover attempts, the Sunday Times has reported. ENOC, which owns 52% of Dragon, said in […]

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Dragon Oil asks for ultimatum on takeover bid

Dubai-based independent oil and gas producer, Dragon Oil, will ask the Irish Takeover Panel to issue an ultimatum to the oil explorer’s largest shareholder, Emirates National Oil Company (ENOC), to either make a bid for the company or stop its takeover attempts, the Sunday Times has reported. ENOC, which owns 52% of Dragon, said in […]

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Dubai firm to build Iraq power plant

The Iraqi government has awarded Dubai-based URUK Engineering an $85m contract to build a 160 megawatt power station north of Baghdad to provide electricity for 80,000 homes, the Associated Press has reported. The power plant in Taji, just outside the capital, is set to be completed in 15 months, the government said. Related Posts:XM’s Dubai […]

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Dubai firm to build Iraq power plant

The Iraqi government has awarded Dubai-based URUK Engineering an $85m contract to build a 160 megawatt power station north of Baghdad to provide electricity for 80,000 homes, the Associated Press has reported. The power plant in Taji, just outside the capital, is set to be completed in 15 months, the government said. Related Posts:XM’s Dubai […]

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Dubai firm to build Iraq power plant

The Iraqi government has awarded Dubai-based URUK Engineering an $85m contract to build a 160 megawatt power station north of Baghdad to provide electricity for 80,000 homes, the Associated Press has reported. The power plant in Taji, just outside the capital, is set to be completed in 15 months, the government said. Related Posts:XM’s Dubai […]

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Dubai firm to build Iraq power plant

The Iraqi government has awarded Dubai-based URUK Engineering an $85m contract to build a 160 megawatt power station north of Baghdad to provide electricity for 80,000 homes, the Associated Press has reported. The power plant in Taji, just outside the capital, is set to be completed in 15 months, the government said. Related Posts:XM’s Dubai […]

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Turkey-Qatar plan LNG pipeline

Turkey’s Energy Minister Taner Yildiz has said that Turkey and Qatar have formed teams to start work on a possible LNG pipeline across Saudi Arabia that would ship Qatari gas to Turkey, Reuters has reported. A Turkish team will travel to Qatar within one or two months, he said. Related Posts:Trading plan for GBP/USD on […]

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Turkey-Qatar plan LNG pipeline

Turkey’s Energy Minister Taner Yildiz has said that Turkey and Qatar have formed teams to start work on a possible LNG pipeline across Saudi Arabia that would ship Qatari gas to Turkey, Reuters has reported. A Turkish team will travel to Qatar within one or two months, he said. Related Posts:Trading plan for GBP/USD on […]

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Turkey-Qatar plan LNG pipeline

Turkey’s Energy Minister Taner Yildiz has said that Turkey and Qatar have formed teams to start work on a possible LNG pipeline across Saudi Arabia that would ship Qatari gas to Turkey, Reuters has reported. A Turkish team will travel to Qatar within one or two months, he said. Related Posts:Trading plan for GBP/USD on […]

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Turkey-Qatar plan LNG pipeline

Turkey’s Energy Minister Taner Yildiz has said that Turkey and Qatar have formed teams to start work on a possible LNG pipeline across Saudi Arabia that would ship Qatari gas to Turkey, Reuters has reported. A Turkish team will travel to Qatar within one or two months, he said. Related Posts:Trading plan for GBP/USD on […]

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Baker Hughes bids for Saudi well project

Houston-based oilfield services provider Baker Hughes Inc. has said it is bidding for the Saudi Well Project in the south of Ghawar field and the project could be awarded from Saudi Aramco, Bloomberg has reported. The project in Saudi Arabia involves 145 wells south of the Ghawar for five years. Baker Hughes is expected to […]

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Baker Hughes bids for Saudi well project

Houston-based oilfield services provider Baker Hughes Inc. has said it is bidding for the Saudi Well Project in the south of Ghawar field and the project could be awarded from Saudi Aramco, Bloomberg has reported. The project in Saudi Arabia involves 145 wells south of the Ghawar for five years. Baker Hughes is expected to […]

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Baker Hughes bids for Saudi well project

Houston-based oilfield services provider Baker Hughes Inc. has said it is bidding for the Saudi Well Project in the south of Ghawar field and the project could be awarded from Saudi Aramco, Bloomberg has reported. The project in Saudi Arabia involves 145 wells south of the Ghawar for five years. Baker Hughes is expected to […]

Stock Trkr
Baker Hughes bids for Saudi well project

Houston-based oilfield services provider Baker Hughes Inc. has said it is bidding for the Saudi Well Project in the south of Ghawar field and the project could be awarded from Saudi Aramco, Bloomberg has reported. The project in Saudi Arabia involves 145 wells south of the Ghawar for five years. Baker Hughes is expected to […]

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Kuwait Petroleum offers naphtha for spot lifting

Kuwait Petroleum Co (KPC) is offering 50,000 tons of naphtha for mid-October lifting, in an indication that its aromatics plant is unlikely to start up next month as expected. ‘It seems like the market is not as strong as it appears to be. I shall now reverse my bullish view,’ one trader told Reuters. According […]

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Kuwait Petroleum offers naphtha for spot lifting

Kuwait Petroleum Co (KPC) is offering 50,000 tons of naphtha for mid-October lifting, in an indication that its aromatics plant is unlikely to start up next month as expected. ‘It seems like the market is not as strong as it appears to be. I shall now reverse my bullish view,’ one trader told Reuters. According […]

Stock Trkr
Kuwait Petroleum offers naphtha for spot lifting

Kuwait Petroleum Co (KPC) is offering 50,000 tons of naphtha for mid-October lifting, in an indication that its aromatics plant is unlikely to start up next month as expected. ‘It seems like the market is not as strong as it appears to be. I shall now reverse my bullish view,’ one trader told Reuters. According […]

Stock Trkr
Kuwait Petroleum offers naphtha for spot lifting

Kuwait Petroleum Co (KPC) is offering 50,000 tons of naphtha for mid-October lifting, in an indication that its aromatics plant is unlikely to start up next month as expected. ‘It seems like the market is not as strong as it appears to be. I shall now reverse my bullish view,’ one trader told Reuters. According […]

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Oman awards power station deal

Oman’s Public Authority for Electricity and Water (PAEW) has awarded technical and financial advisory contracts for the 1,000 megawatts Duqm power station, Reuters has reported. Worsely Parsons has won the OR324,638 technical advisory contract for the project, while KPMG won the financial advisory deal worth OR418,511. ‘The two contracts mean that we are going ahead […]

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Oman awards power station deal

Oman’s Public Authority for Electricity and Water (PAEW) has awarded technical and financial advisory contracts for the 1,000 megawatts Duqm power station, Reuters has reported. Worsely Parsons has won the OR324,638 technical advisory contract for the project, while KPMG won the financial advisory deal worth OR418,511. ‘The two contracts mean that we are going ahead […]

Stock Trkr
Oman awards power station deal

Oman’s Public Authority for Electricity and Water (PAEW) has awarded technical and financial advisory contracts for the 1,000 megawatts Duqm power station, Reuters has reported. Worsely Parsons has won the OR324,638 technical advisory contract for the project, while KPMG won the financial advisory deal worth OR418,511. ‘The two contracts mean that we are going ahead […]

Stock Trkr
Oman awards power station deal

Oman’s Public Authority for Electricity and Water (PAEW) has awarded technical and financial advisory contracts for the 1,000 megawatts Duqm power station, Reuters has reported. Worsely Parsons has won the OR324,638 technical advisory contract for the project, while KPMG won the financial advisory deal worth OR418,511. ‘The two contracts mean that we are going ahead […]

Stock Trkr