Qatar to up China LNG exports

State-run Qatargas has said that it will boost supplies of liquefied natural gas to China by at least five million tons a year from early next decade, Reuters has reported. The company will supply China National Offshore Oil Company with an additional three million tons of LNG a year from 2013, and increase sales to […]

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Qatar to up China LNG exports

State-run Qatargas has said that it will boost supplies of liquefied natural gas to China by at least five million tons a year from early next decade, Reuters has reported. The company will supply China National Offshore Oil Company with an additional three million tons of LNG a year from 2013, and increase sales to […]

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Syria opens Hayyan plant

Syria has inaugurated its new Hayyan oil and gas processing station near the city of Palmyra, state news agency Sana has reported. The €30m station will process the oil and gas produced by the Hayyan Company fields with a capacity of 600 oil barrels per day and 650,000 cubic meters of clean gas that is […]

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Syria opens Hayyan plant

Syria has inaugurated its new Hayyan oil and gas processing station near the city of Palmyra, state news agency Sana has reported. The €30m station will process the oil and gas produced by the Hayyan Company fields with a capacity of 600 oil barrels per day and 650,000 cubic meters of clean gas that is […]

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Syria opens Hayyan plant

Syria has inaugurated its new Hayyan oil and gas processing station near the city of Palmyra, state news agency Sana has reported. The €30m station will process the oil and gas produced by the Hayyan Company fields with a capacity of 600 oil barrels per day and 650,000 cubic meters of clean gas that is […]

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Syria opens Hayyan plant

Syria has inaugurated its new Hayyan oil and gas processing station near the city of Palmyra, state news agency Sana has reported. The €30m station will process the oil and gas produced by the Hayyan Company fields with a capacity of 600 oil barrels per day and 650,000 cubic meters of clean gas that is […]

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Aramco to shut Ras Tanura for maintenance

Saudi Aramco’s Ras Tanura refinery will be shut down for a 45-day maintenance period starting December 16, Bloomberg has reported. The refinery’s scheduled maintenance, called a turn-around and inspection, is set to last through the end of January. Ras Tanura has a total oil processing capacity of 550,000 barrels per day.

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Aramco to shut Ras Tanura for maintenance

Saudi Aramco’s Ras Tanura refinery will be shut down for a 45-day maintenance period starting December 16, Bloomberg has reported. The refinery’s scheduled maintenance, called a turn-around and inspection, is set to last through the end of January. Ras Tanura has a total oil processing capacity of 550,000 barrels per day.

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Aramco to shut Ras Tanura for maintenance

Saudi Aramco’s Ras Tanura refinery will be shut down for a 45-day maintenance period starting December 16, Bloomberg has reported. The refinery’s scheduled maintenance, called a turn-around and inspection, is set to last through the end of January. Ras Tanura has a total oil processing capacity of 550,000 barrels per day.

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Aramco to shut Ras Tanura for maintenance

Saudi Aramco’s Ras Tanura refinery will be shut down for a 45-day maintenance period starting December 16, Bloomberg has reported. The refinery’s scheduled maintenance, called a turn-around and inspection, is set to last through the end of January. Ras Tanura has a total oil processing capacity of 550,000 barrels per day.

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Saudi to invest SR300bn in electricity production

Saudi Arabia’s water and electricity minister, Abdullah al-Husayen has said that the kingdom would need to invest SR300bn in electricity generation and distribution over the next ten years to cater for the growing domestic demand, Reuters has reported. The kingdom currently produces 40,000 megawatts of electricity, and by 2015, 5,200 megawatts in new capacity will […]

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Saudi to invest SR300bn in electricity production

Saudi Arabia’s water and electricity minister, Abdullah al-Husayen has said that the kingdom would need to invest SR300bn in electricity generation and distribution over the next ten years to cater for the growing domestic demand, Reuters has reported. The kingdom currently produces 40,000 megawatts of electricity, and by 2015, 5,200 megawatts in new capacity will […]

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Saudi to invest SR300bn in electricity production

Saudi Arabia’s water and electricity minister, Abdullah al-Husayen has said that the kingdom would need to invest SR300bn in electricity generation and distribution over the next ten years to cater for the growing domestic demand, Reuters has reported. The kingdom currently produces 40,000 megawatts of electricity, and by 2015, 5,200 megawatts in new capacity will […]

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Saudi to invest SR300bn in electricity production

Saudi Arabia’s water and electricity minister, Abdullah al-Husayen has said that the kingdom would need to invest SR300bn in electricity generation and distribution over the next ten years to cater for the growing domestic demand, Reuters has reported. The kingdom currently produces 40,000 megawatts of electricity, and by 2015, 5,200 megawatts in new capacity will […]

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Saudi to tap Asia demand in oil, gas expansion

Saudi Arabia Oil Minister Ali al-Naimi, the kingdom is tapping the rising demand in Asia and has begun expanding started and upgrading its oil and gas production and refining business at a cost of $100bn, Bloomberg has reported. Al-Naimi added that Saudi Arabia is doubling its domestic and international oil refining capacity by 2015 while […]

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Saudi to tap Asia demand in oil, gas expansion

Saudi Arabia Oil Minister Ali al-Naimi, the kingdom is tapping the rising demand in Asia and has begun expanding started and upgrading its oil and gas production and refining business at a cost of $100bn, Bloomberg has reported. Al-Naimi added that Saudi Arabia is doubling its domestic and international oil refining capacity by 2015 while […]

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Saudi to tap Asia demand in oil, gas expansion

Saudi Arabia Oil Minister Ali al-Naimi, the kingdom is tapping the rising demand in Asia and has begun expanding started and upgrading its oil and gas production and refining business at a cost of $100bn, Bloomberg has reported. Al-Naimi added that Saudi Arabia is doubling its domestic and international oil refining capacity by 2015 while […]

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Saudi to tap Asia demand in oil, gas expansion

Saudi Arabia Oil Minister Ali al-Naimi, the kingdom is tapping the rising demand in Asia and has begun expanding started and upgrading its oil and gas production and refining business at a cost of $100bn, Bloomberg has reported. Al-Naimi added that Saudi Arabia is doubling its domestic and international oil refining capacity by 2015 while […]

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Taqa Q3 profits fall 88%

State-controlled Abu Dhabi National Energy Co. (Taqa) has reported an 88% fall in third-quarter profit, as income from oil and gas sales fell, Bloomberg has reported. Net income had dropped to Dhs90m ($24.5m), from Dhs723m a year earlier, the energy producer said. Sales also dropped to Dhs3.9bn from Dhs4.5bn. Related Posts:EUR/USD: trading plan for the […]

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Taqa Q3 profits fall 88%

State-controlled Abu Dhabi National Energy Co. (Taqa) has reported an 88% fall in third-quarter profit, as income from oil and gas sales fell, Bloomberg has reported. Net income had dropped to Dhs90m ($24.5m), from Dhs723m a year earlier, the energy producer said. Sales also dropped to Dhs3.9bn from Dhs4.5bn. Related Posts:EUR/USD: trading plan for the […]

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Taqa Q3 profits fall 88%

State-controlled Abu Dhabi National Energy Co. (Taqa) has reported an 88% fall in third-quarter profit, as income from oil and gas sales fell, Bloomberg has reported. Net income had dropped to Dhs90m ($24.5m), from Dhs723m a year earlier, the energy producer said. Sales also dropped to Dhs3.9bn from Dhs4.5bn. Related Posts:EUR/USD: trading plan for the […]

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Taqa Q3 profits fall 88%

State-controlled Abu Dhabi National Energy Co. (Taqa) has reported an 88% fall in third-quarter profit, as income from oil and gas sales fell, Bloomberg has reported. Net income had dropped to Dhs90m ($24.5m), from Dhs723m a year earlier, the energy producer said. Sales also dropped to Dhs3.9bn from Dhs4.5bn. Related Posts:EUR/USD: trading plan for the […]

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Dragon Oil Enoc takeover to be rejected

Baillie Gifford & Co, Dragon Oil’s largest minority investor has said that it would reject a takeover bid from controlling shareholder Emirates National Oil Co. (Enoc) that values Dragon at $3.9bn, Reuters has reported. The 455 pence-a-share offer ‘materially understates the fundamental and strategic value’ of Turkmenistan-focused Dragon, the firm said. Clients’ holdings under the […]

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Dragon Oil Enoc takeover to be rejected

Baillie Gifford & Co, Dragon Oil’s largest minority investor has said that it would reject a takeover bid from controlling shareholder Emirates National Oil Co. (Enoc) that values Dragon at $3.9bn, Reuters has reported. The 455 pence-a-share offer ‘materially understates the fundamental and strategic value’ of Turkmenistan-focused Dragon, the firm said. Clients’ holdings under the […]

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Dragon Oil Enoc takeover to be rejected

Baillie Gifford & Co, Dragon Oil’s largest minority investor has said that it would reject a takeover bid from controlling shareholder Emirates National Oil Co. (Enoc) that values Dragon at $3.9bn, Reuters has reported. The 455 pence-a-share offer ‘materially understates the fundamental and strategic value’ of Turkmenistan-focused Dragon, the firm said. Clients’ holdings under the […]

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Dragon Oil Enoc takeover to be rejected

Baillie Gifford & Co, Dragon Oil’s largest minority investor has said that it would reject a takeover bid from controlling shareholder Emirates National Oil Co. (Enoc) that values Dragon at $3.9bn, Reuters has reported. The 455 pence-a-share offer ‘materially understates the fundamental and strategic value’ of Turkmenistan-focused Dragon, the firm said. Clients’ holdings under the […]

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Abu Dhabi to tender power project

Abdulla Al Nuaimi, director of privatization at Abu Dhabi Water and Electricity Authority (Adwea) has said the authority will launch the tender for a giant power and desalination project aimed at helping meet soaring domestic electricity and water demand in Q1 2010, Dow Jones News has reported. The new complex, to be built and run […]

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Abu Dhabi to tender power project

Abdulla Al Nuaimi, director of privatization at Abu Dhabi Water and Electricity Authority (Adwea) has said the authority will launch the tender for a giant power and desalination project aimed at helping meet soaring domestic electricity and water demand in Q1 2010, Dow Jones News has reported. The new complex, to be built and run […]

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Abu Dhabi to tender power project

Abdulla Al Nuaimi, director of privatization at Abu Dhabi Water and Electricity Authority (Adwea) has said the authority will launch the tender for a giant power and desalination project aimed at helping meet soaring domestic electricity and water demand in Q1 2010, Dow Jones News has reported. The new complex, to be built and run […]

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Abu Dhabi to tender power project

Abdulla Al Nuaimi, director of privatization at Abu Dhabi Water and Electricity Authority (Adwea) has said the authority will launch the tender for a giant power and desalination project aimed at helping meet soaring domestic electricity and water demand in Q1 2010, Dow Jones News has reported. The new complex, to be built and run […]

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