Jordan’s Samra Electric Power Generating Company has awarded Hanwha, a private South Korean company, to implement the Samra Simple Cycle Phase III Project for Electricity Generation, which aims to increase the kingdom’s electricity generating power, the Jordan Times has reported. The project involves setting up two gas turbine stations with a total generating capacity of […]
Saudi Aramco has awarded a contract to upgrade fuel plants to local firm M.S al-Suwaidi Industrial Services, Reuters has reported, citing two sources close to the deal. It involves upgrading 14 bulk plants in several regions of Saudi Arabia and aims to raise the storage capacity for gasoline, diesel and fuel oil. The value of […]
StockTrkr: http://t.co/F9Mg9rZCeE The latest daily video report from… http://t.co/8uuQzywNu0 Related Posts:Market Comment – Stocks climb after sizzling US jobs report April 8, 2024 Nonfarm payrolls smash forecasts, reaffirming labor market strength But dollar…Video market update for April 05, 2024 April 7, 2024 Potential for the further drop on NAS100 ….The material has…Why is gold defying […]
Vietnam state oil monopoly, Petrovietnam, plans to award Kuwait Petroleum a licence to explore for oil and gas off the country’s coast, Reuters has reported. The oil company had proposed that the government award the offshore block 51 to KPC under a production-sharing contract. KPC already has two licences for two nearby blocks 19 and […]
At least two Asian term buyers have been notified by Qatar that it will supply crude oil at full contracted volumes for December, Gulf Times has reported. Qatar will supply its Marine and Land crudes at full contracted volumes for December, steady from the previous month. Related Posts:EUR/USD. April 8th. Preparations for the ECB meeting […]
OPEC may boost production targets in December as crude futures have rallied 80% this year, the group’s president said in an interview with Bloomberg. ‘We have always defended a position of equilibrium,” Jose Maria Botelho de Vasconcelos, who is also Angola’s oil minister, told the news service. ‘Some countries are available to pump more oil […]
Qatar Kentz has won a multi-million dollar turnkey engineering, procurement and construction with Laffan Refinery in Qatar. The contract is for a receiving and loading facility, which will be built at the Ras Laffan Industrial City. The project includes developing a new automated gantry facility to load diesel products into up to eight road tankers […]
Iraq’s oil ministry has said that oil exports through the Turkish port of Ceyhan have resumed yesterday through Kirkuk, after a five-day interruption because of sabotage to a pipeline in northern Iraq, Aswat al-Iraq news agency has reported. ‘The Ministry is pumping 640,000 barrels of oil per day to compensate for the shortage caused by […]
StockTrkr: Site Update: 2013-03-11 20:36 US Session – Dollar pulls back after NFP-induced rally: http://t.co/VgcMVpn6J2 http://t.co/BAQqWd7CHe Related Posts:What to expect for the dollar next week? April 7, 2024 The dollar missed plenty of opportunities to strengthen against the…GBP/USD: trading plan for the US session on April 5th… April 7, 2024 In my morning forecast, I […]
Sharjah-based Dolphin Energy has said it would finish building a cross-country pipeline to pump gas from Qatar to the UAE’s east coast in the third quarter 2010, Reuters has reported. The pipeline would allow Dolphin to pump gas 240km (150 miles) to the emirate of Fujairah from the plant in Abu Dhabi’s Taweelah which receives […]
GE Oil & Gas has been awarded a multi-million dollar, six-year contract to supply advanced pipeline integrity management services to Qatargas. The contract is to improve the monitoring and maintenance of the company’s liquid natural gas (LNG) network. Under the agreement, GE will build and deploy a custom pipeline integrity management system to drive Qatargas’ […]
Presidential elections were held in Cyprus this Sunday with Conservative leader Nicos Anastasiades winning a majority of votes in the second round. The first round a week ago led to a run-off due to a lack of clear majority for any candidate. 66-year old Anastasiades who has been the leader of the Democratic Rally party […]
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Saudi Aramco has floated a tender for the construction of newbuild jack-up rig, according to the Saudi Gazette. The rig will be built according to KFELS B Class design, the PPL Pacific Class 375 or one of the LeTourneau designs, but will be equipped with larger deck space than the standard jack-up, according to a […]
Asian markets remained steady in Monday trading, with dollar holding onto gains after being boosted on Friday following strong US jobs numbers, adding optimism over recovery in the world’s largest economy. USDJPY opened in Asia at 95.96, hitting highs of 96.24 yen, where the pair hovered at close to Friday’s 3-1/2 year high. The dollar […]
Kuwait is planning to build eleven power and seven water projects by 2017 at a cost of KD5bn ($17.4bn), Meed has reported. The new facilities would add 14,260MW of power generation capacity and 506 million gallons a day of desalination capacity , which would more than double the countrys existing capacity of 12,779MW of power […]
