Dana Gas, Crescent Oil plan Anbar gas city

UAE-based Dana Gas and Crescent Oil plan to build a gas city in Iraq’s western province of Anbar that they hope would draw $60bn in investment, Reuters has reported. The plan would use gas that Baghdad had previously identified for possible export to the Nabucco pipeline or for export to Syria in order to feed […]

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Dana Gas, Crescent Oil plan Anbar gas city

UAE-based Dana Gas and Crescent Oil plan to build a gas city in Iraq’s western province of Anbar that they hope would draw $60bn in investment, Reuters has reported. The plan would use gas that Baghdad had previously identified for possible export to the Nabucco pipeline or for export to Syria in order to feed […]

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Dana Gas, Crescent Oil plan Anbar gas city

UAE-based Dana Gas and Crescent Oil plan to build a gas city in Iraq’s western province of Anbar that they hope would draw $60bn in investment, Reuters has reported. The plan would use gas that Baghdad had previously identified for possible export to the Nabucco pipeline or for export to Syria in order to feed […]

Stock Trkr
Dana Gas, Crescent Oil plan Anbar gas city

UAE-based Dana Gas and Crescent Oil plan to build a gas city in Iraq’s western province of Anbar that they hope would draw $60bn in investment, Reuters has reported. The plan would use gas that Baghdad had previously identified for possible export to the Nabucco pipeline or for export to Syria in order to feed […]

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Oman Oil buys Reliance stake

Oman Oil Company (OOC) has said that it has bought 30% stake in block 18 and a 25% share in block 41 which are run by India-based Reliance Industries in the Gulf of Oman, Reuters has reported. Reliance, which operates the world’s largest refining complex, has said it has agreed to the deal in order […]

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Oman Oil buys Reliance stake

Oman Oil Company (OOC) has said that it has bought 30% stake in block 18 and a 25% share in block 41 which are run by India-based Reliance Industries in the Gulf of Oman, Reuters has reported. Reliance, which operates the world’s largest refining complex, has said it has agreed to the deal in order […]

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Oman Oil buys Reliance stake

Oman Oil Company (OOC) has said that it has bought 30% stake in block 18 and a 25% share in block 41 which are run by India-based Reliance Industries in the Gulf of Oman, Reuters has reported. Reliance, which operates the world’s largest refining complex, has said it has agreed to the deal in order […]

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Oman Oil buys Reliance stake

Oman Oil Company (OOC) has said that it has bought 30% stake in block 18 and a 25% share in block 41 which are run by India-based Reliance Industries in the Gulf of Oman, Reuters has reported. Reliance, which operates the world’s largest refining complex, has said it has agreed to the deal in order […]

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World Bank loan for Egypt power plant

Egypt’s Minister of Electricity Hassan Younes has said the country will receive an EGP3.4bn ($620m) loan from the World Bank to fund its North Giza power plant project, Reuters has reported. Egypt aims to more than triple its installed power capacity by 2027 by adding 58,000 MW at a cost of about $100bn to $120bn, […]

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World Bank loan for Egypt power plant

Egypt’s Minister of Electricity Hassan Younes has said the country will receive an EGP3.4bn ($620m) loan from the World Bank to fund its North Giza power plant project, Reuters has reported. Egypt aims to more than triple its installed power capacity by 2027 by adding 58,000 MW at a cost of about $100bn to $120bn, […]

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World Bank loan for Egypt power plant

Egypt’s Minister of Electricity Hassan Younes has said the country will receive an EGP3.4bn ($620m) loan from the World Bank to fund its North Giza power plant project, Reuters has reported. Egypt aims to more than triple its installed power capacity by 2027 by adding 58,000 MW at a cost of about $100bn to $120bn, […]

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World Bank loan for Egypt power plant

Egypt’s Minister of Electricity Hassan Younes has said the country will receive an EGP3.4bn ($620m) loan from the World Bank to fund its North Giza power plant project, Reuters has reported. Egypt aims to more than triple its installed power capacity by 2027 by adding 58,000 MW at a cost of about $100bn to $120bn, […]

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Iraq postpones second oil bidding round

Iraq’s oil ministry has delayed its second oil and gas field bidding round until next January, Bloomberg has reported. Forty-five companies are qualified to bid in the auction for work on ten oilfields, originally scheduled for mid- December, the ministry said. Iraq seeks to boost its production capacity eventually to between 10 million and 12 […]

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Iraq postpones second oil bidding round

Iraq’s oil ministry has delayed its second oil and gas field bidding round until next January, Bloomberg has reported. Forty-five companies are qualified to bid in the auction for work on ten oilfields, originally scheduled for mid- December, the ministry said. Iraq seeks to boost its production capacity eventually to between 10 million and 12 […]

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Iraq postpones second oil bidding round

Iraq’s oil ministry has delayed its second oil and gas field bidding round until next January, Bloomberg has reported. Forty-five companies are qualified to bid in the auction for work on ten oilfields, originally scheduled for mid- December, the ministry said. Iraq seeks to boost its production capacity eventually to between 10 million and 12 […]

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Iraq postpones second oil bidding round

Iraq’s oil ministry has delayed its second oil and gas field bidding round until next January, Bloomberg has reported. Forty-five companies are qualified to bid in the auction for work on ten oilfields, originally scheduled for mid- December, the ministry said. Iraq seeks to boost its production capacity eventually to between 10 million and 12 […]

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Taqa eyes BG’s power assets

State-controlled energy producer Abu Dhabi National Energy Co. (TAQA) has expressed interest in buying BG Group Plc’s power generation unit if its assets were brought to market, Bloomberg has reported. The energy firm plans to spend some $1bn on acquisitions in the next 12 months, TAQA’s CEO Peter Barker-Homek said. Related Posts:Weekly Forex Outlook: 24/11/2023 […]

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Taqa eyes BG’s power assets

State-controlled energy producer Abu Dhabi National Energy Co. (TAQA) has expressed interest in buying BG Group Plc’s power generation unit if its assets were brought to market, Bloomberg has reported. The energy firm plans to spend some $1bn on acquisitions in the next 12 months, TAQA’s CEO Peter Barker-Homek said. Related Posts:Weekly Forex Outlook: 24/11/2023 […]

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Taqa eyes BG’s power assets

State-controlled energy producer Abu Dhabi National Energy Co. (TAQA) has expressed interest in buying BG Group Plc’s power generation unit if its assets were brought to market, Bloomberg has reported. The energy firm plans to spend some $1bn on acquisitions in the next 12 months, TAQA’s CEO Peter Barker-Homek said. Related Posts:Weekly Forex Outlook: 24/11/2023 […]

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Taqa eyes BG’s power assets

State-controlled energy producer Abu Dhabi National Energy Co. (TAQA) has expressed interest in buying BG Group Plc’s power generation unit if its assets were brought to market, Bloomberg has reported. The energy firm plans to spend some $1bn on acquisitions in the next 12 months, TAQA’s CEO Peter Barker-Homek said. Related Posts:Weekly Forex Outlook: 24/11/2023 […]

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Dana Gas finds two new fields in Egypt

UAE-based Dana Gas said it has discovered two fields in Egypt with 86 billion cubic feet of gas reserves. The Faraskur-1 discovery, which may add as much as 73 billion cubic feet to the company’s Egyptian reserves, is located in the West El Manzala concession. The upper zone in El Manzala’s Marzouk-2 well, in the […]

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Dana Gas finds two new fields in Egypt

UAE-based Dana Gas said it has discovered two fields in Egypt with 86 billion cubic feet of gas reserves. The Faraskur-1 discovery, which may add as much as 73 billion cubic feet to the company’s Egyptian reserves, is located in the West El Manzala concession. The upper zone in El Manzala’s Marzouk-2 well, in the […]

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Dana Gas finds two new fields in Egypt

UAE-based Dana Gas said it has discovered two fields in Egypt with 86 billion cubic feet of gas reserves. The Faraskur-1 discovery, which may add as much as 73 billion cubic feet to the company’s Egyptian reserves, is located in the West El Manzala concession. The upper zone in El Manzala’s Marzouk-2 well, in the […]

Stock Trkr
Dana Gas finds two new fields in Egypt

UAE-based Dana Gas said it has discovered two fields in Egypt with 86 billion cubic feet of gas reserves. The Faraskur-1 discovery, which may add as much as 73 billion cubic feet to the company’s Egyptian reserves, is located in the West El Manzala concession. The upper zone in El Manzala’s Marzouk-2 well, in the […]

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Oil climbs to near $74

Oil prices rose for a fourth day to near $74 a barrel Tuesday in Asia on speculation that the dollar will weaken further. Benchmark crude for November delivery was up 52 cents at $73.79 by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Related Posts:Market Comment – Dollar climbs above […]

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Oil climbs to near $74

Oil prices rose for a fourth day to near $74 a barrel Tuesday in Asia on speculation that the dollar will weaken further. Benchmark crude for November delivery was up 52 cents at $73.79 by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Related Posts:Market Comment – Dollar climbs above […]

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Oil climbs to near $74

Oil prices rose for a fourth day to near $74 a barrel Tuesday in Asia on speculation that the dollar will weaken further. Benchmark crude for November delivery was up 52 cents at $73.79 by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Related Posts:Market Comment – Dollar climbs above […]

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Oil climbs to near $74

Oil prices rose for a fourth day to near $74 a barrel Tuesday in Asia on speculation that the dollar will weaken further. Benchmark crude for November delivery was up 52 cents at $73.79 by late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Related Posts:Market Comment – Dollar climbs above […]

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Cost of Jubail refinery to hit $12bn

Saudi Aramco and France’s Total are expected to pay more than $12bn to build the Jubail oil refinery in Saudi Arabia, Reuters has reported. ‘The EPC (engineering, procurement and construction) cost is $9.6bn and on top of that there are other costs… owners’ costs, in our case, cost of financing, which is about 25% more, […]

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Cost of Jubail refinery to hit $12bn

Saudi Aramco and France’s Total are expected to pay more than $12bn to build the Jubail oil refinery in Saudi Arabia, Reuters has reported. ‘The EPC (engineering, procurement and construction) cost is $9.6bn and on top of that there are other costs… owners’ costs, in our case, cost of financing, which is about 25% more, […]

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