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 […]

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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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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 […]

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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 […]

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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 […]

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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 […]

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Aramco invites Wasea plant bids

Saudi Aramco has invited contractors to submit their bid for the construction of a fuel distribution plant in Wasea, near the kingdom’s capital Riyadh, Reuters has reported. The plant is a wholesale receiving and distributing facility for oil products and would have capacity to handle 185,000 barrels per day of oil. The closing date for […]

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Aramco invites Wasea plant bids

Saudi Aramco has invited contractors to submit their bid for the construction of a fuel distribution plant in Wasea, near the kingdom’s capital Riyadh, Reuters has reported. The plant is a wholesale receiving and distributing facility for oil products and would have capacity to handle 185,000 barrels per day of oil. The closing date for […]

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Aramco invites Wasea plant bids

Saudi Aramco has invited contractors to submit their bid for the construction of a fuel distribution plant in Wasea, near the kingdom’s capital Riyadh, Reuters has reported. The plant is a wholesale receiving and distributing facility for oil products and would have capacity to handle 185,000 barrels per day of oil. The closing date for […]

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Aramco invites Wasea plant bids

Saudi Aramco has invited contractors to submit their bid for the construction of a fuel distribution plant in Wasea, near the kingdom’s capital Riyadh, Reuters has reported. The plant is a wholesale receiving and distributing facility for oil products and would have capacity to handle 185,000 barrels per day of oil. The closing date for […]

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Saudi Electricity gets government reprieve

State-controlled Saudi Electricity has been granted an additional ten-year reprieve on paying dividends to the government, saving the utility company hundreds of millions of riyals per year, Reuters has reported. The firm, undergoing a deep restructuring to maintain profitability as it faces a 9% annual rise in power demand, has cut its workforce, tapped the […]

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Saudi Electricity gets government reprieve

State-controlled Saudi Electricity has been granted an additional ten-year reprieve on paying dividends to the government, saving the utility company hundreds of millions of riyals per year, Reuters has reported. The firm, undergoing a deep restructuring to maintain profitability as it faces a 9% annual rise in power demand, has cut its workforce, tapped the […]

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Saudi Electricity gets government reprieve

State-controlled Saudi Electricity has been granted an additional ten-year reprieve on paying dividends to the government, saving the utility company hundreds of millions of riyals per year, Reuters has reported. The firm, undergoing a deep restructuring to maintain profitability as it faces a 9% annual rise in power demand, has cut its workforce, tapped the […]

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Saudi Electricity gets government reprieve

State-controlled Saudi Electricity has been granted an additional ten-year reprieve on paying dividends to the government, saving the utility company hundreds of millions of riyals per year, Reuters has reported. The firm, undergoing a deep restructuring to maintain profitability as it faces a 9% annual rise in power demand, has cut its workforce, tapped the […]

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OPEC raises oil demand forecasts

OPEC has raised its global demand forecast for 2010 by 150,000 barrels a day and 2009 by 140,000 barrels a day on expectations of economic growth. The group now predicts that consumption will contract 1.8% this year to average 84.05 million barrels a day, only to expand 0.6% in 2010 to 84.56 million a day. […]

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OPEC raises oil demand forecasts

OPEC has raised its global demand forecast for 2010 by 150,000 barrels a day and 2009 by 140,000 barrels a day on expectations of economic growth. The group now predicts that consumption will contract 1.8% this year to average 84.05 million barrels a day, only to expand 0.6% in 2010 to 84.56 million a day. […]

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OPEC raises oil demand forecasts

OPEC has raised its global demand forecast for 2010 by 150,000 barrels a day and 2009 by 140,000 barrels a day on expectations of economic growth. The group now predicts that consumption will contract 1.8% this year to average 84.05 million barrels a day, only to expand 0.6% in 2010 to 84.56 million a day. […]

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OPEC raises oil demand forecasts

OPEC has raised its global demand forecast for 2010 by 150,000 barrels a day and 2009 by 140,000 barrels a day on expectations of economic growth. The group now predicts that consumption will contract 1.8% this year to average 84.05 million barrels a day, only to expand 0.6% in 2010 to 84.56 million a day. […]

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