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Last Updated: Sun, Feb 14 2016 | 2:13 PM |
Dana Gas swings to Q4 profit on RWE arbitration gain
Energy»

Dana Gas swings to Q4 profit on RWE arbitration gain

Sunday, 14 February 2016 6:13 PM

Energy firm posts $134.2m profit in final quarter, compared with $4m loss in same period a year earlier

Kuwait Petroleum International says oil prices could reach $50 a barrel mid-2017
Energy»

Kuwait Petroleum International says oil prices could reach $50 a barrel mid-2017

Saturday, 13 February 2016 2:36 PM

Bakheet Al Rashidi says a return to $60-$80 per barrel would take three years due to excess supply and slow demand

Saudi developer ACWA Power plans $8 bln debt raising
Energy»

Saudi developer ACWA Power plans $8 bln debt raising

Thursday, 11 February 2016 7:34 PM

Renewable energy expert aggressively expanding capacity as demand grows around the Middle East

ENEC signs deal to connect nuclear power to UAE grid
Energy»

ENEC signs deal to connect nuclear power to UAE grid

Thursday, 11 February 2016 4:41 PM

The Emirates Nuclear Energy Corporation (ENEC) in UAE has signed an agreement that paves the way for transmission of power generated from nuclear plants to the national grid

Qatar and Pakistan sign '$16 billion' gas deal
Energy»

Qatar and Pakistan sign '$16 billion' gas deal

Thursday, 11 February 2016 11:26 AM

Pakistan signs landmark 15-year LNG supply deal with Qatar

Russia's Sechin floats idea of countries cutting oil output
Energy»

Russia's Sechin floats idea of countries cutting oil output

Wednesday, 10 February 2016 2:46 PM

Sechin suggests 1 million bpd cut by major producers

Kuwait's KPC to sell loss-making assets to cut costs
Energy»

Kuwait's KPC to sell loss-making assets to cut costs

Tuesday, 9 February 2016 7:30 PM

CEO of state-run oil company tells KUNA that costs have been cut at some affiliates by as much as 20%

IEA warns that global oil glut is worsening
Energy»

IEA warns that global oil glut is worsening

Tuesday, 9 February 2016 5:05 PM

Paris-based International Energy Agency says chances of OPEC deal are very low

Kuwait's Equate said to be in talks to refinance $6bn bridge loan
Energy»

Kuwait's Equate said to be in talks to refinance $6bn bridge loan

Tuesday, 9 February 2016 12:31 PM

Equate originally raised a $6 billion bridge loan in December to buy MEGlobal from Dow and PIC for $3.2 billion, and to refinance some of Equate's existing debt

Dubai's DEWA to tender third phase of solar park in 6 weeks
Energy»

Dubai's DEWA to tender third phase of solar park in 6 weeks

Tuesday, 9 February 2016 8:50 AM

Dubai’s strategic plan envisions 7% of power generation from renewables by 2020 and 15 percent by 2030

Saudi's Sipchem pays $100m to raise stakes in two units
Energy»

Saudi's Sipchem pays $100m to raise stakes in two units

Monday, 8 February 2016 11:27 AM

Sipchem will increase its stake in International Acetyl Company and International Vinyl Acetate Company to 87%

Saudi power projects will need $133bn investment over 10 years - minister
Energy»

Saudi power projects will need $133bn investment over 10 years - minister

Monday, 8 February 2016 9:37 AM

Minister Abdullah al-Hussayen said the country expects peak electricity to hit 90,000 megawatts in 2022

As Big Oil shrinks, boards plot different paths out of crisis
Energy»

As Big Oil shrinks, boards plot different paths out of crisis

Monday, 8 February 2016 9:37 AM

Oil and gas companies seek to safeguard growth for when market recovers

Saudi, Venezuela hold 'productive' talks on stabilising oil market
Energy»

Saudi, Venezuela hold 'productive' talks on stabilising oil market

Monday, 8 February 2016 8:50 AM

Iran is reluctant to restrain crude supply as it wants to recover the market share it lost during sanctions that were imposed in 2012 because of its nuclear programme

Spanish energy firm to offload UAE solar stake in fire sale
Energy»

Spanish energy firm to offload UAE solar stake in fire sale

Saturday, 6 February 2016 12:58 AM

Indebted Abengoa will sell its 20% holding in Shams-1 power plant as it bids to avoid bankruptcy


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