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Last Updated: Mon, Sep 22 2014 | 12:01 PM |
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Iraq: Demand for Oil Increases

Monday, 22 September 2014 4:01 PM

An OPEC report on September 10, 2014 said that demand for oil would grow by 1.05 million barrels per day in 2014 to 91.2 million in 2015, trimming 50,000 barrels from the previous outlook. Demand in 2015 is expected to grow 1.19 million barrels per day, 20,000 barrels a day fewer than before, the cartel said.

Saudi Arabia to build 5 solar power stations
Energy»

Saudi Arabia to build 5 solar power stations

Monday, 22 September 2014 11:04 AM

The kingdom also is building 17 nuclear power plants for electricity generation

New Abu Dhabi power plant starts commercial ops
Energy»

New Abu Dhabi power plant starts commercial ops

Saturday, 20 September 2014 10:33 AM

$1.5bn Shuweihat S3 Power Plant has installed generating capacity of 1,600 megawatts

First UAE nuclear reactor over 50% complete, says ENEC
GCC»

First UAE nuclear reactor over 50% complete, says ENEC

Friday, 19 September 2014 10:15 AM

Emirates Nuclear Energy Corporation says Unit 1 is due to start commercial operations in 2017

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Industries Qatar shelves multi-billion dollar petchems project
Energy»

Industries Qatar shelves multi-billion dollar petchems project

Thursday, 18 September 2014 4:24 PM

Gulf's second-largest petrochemicals firm says Al Sejeel complex on hold; studying new scheme instead

Cheaper oil 'no big threat' to Gulf economies, say analysts
Politics & Economics»

Cheaper oil 'no big threat' to Gulf economies, say analysts

Thursday, 18 September 2014 3:42 PM

Huge financial reserves in region arre expected to cushion countries from impact of lower oil price

Saudi utility to spend $80bn by 2025 to raise water production
Energy»

Saudi utility to spend $80bn by 2025 to raise water production

Wednesday, 17 September 2014 5:57 PM

Saudi Saline Water Conversion Corp announces plan to boost desalinated water production in kingdom

Egypt's EGPC says to buy 65% oil imports from UAE's ADNOC
Energy»

Egypt's EGPC says to buy 65% oil imports from UAE's ADNOC

Wednesday, 17 September 2014 4:31 PM

State oil company says government has approved one-year deal covering gasoline, diesel, heavy fuel and LPG

UAE regulator gives nod for two additional nuclear reactors
Energy»

UAE regulator gives nod for two additional nuclear reactors

Monday, 15 September 2014 7:25 PM

Federal Authority for Nuclear Regulation authorises Emirates Nuclear Energy Corp to begin construction of third and fourth reactors

Thai PTT, Saudi Aramco in joint Vietnam petrochemical project
Energy»

Thai PTT, Saudi Aramco in joint Vietnam petrochemical project

Monday, 15 September 2014 4:00 PM

Companies submit proposal to Vietnamese gov't to build $22bn complex

Gulf states said to be losing out amid US shale gas boom
Energy»

Gulf states said to be losing out amid US shale gas boom

Friday, 12 September 2014 10:06 AM

Frost & Sullivan report says region needs to take urgent action to restore competitive advantage in global petrochemical industry

Interview: General Electric's Nabil Habayeb
Energy»

Interview: General Electric's Nabil Habayeb

Friday, 12 September 2014 1:56 AM

General Electric’s man in the region, Nabil Habayeb, discusses the giant US manufacturer’s role in helping local countries build up not only their infrastructure but their workforces as well

Saudi Arabia, Kuwait 'still too reliant on oil revenues'
Politics & Economics»

Saudi Arabia, Kuwait 'still too reliant on oil revenues'

Friday, 12 September 2014 1:43 AM

New report says more needs to be done to diversify economies across the GCC region

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Saudi Arabia tells OPEC it cut output in August as oil nears $100
Energy»

Saudi Arabia tells OPEC it cut output in August as oil nears $100

Wednesday, 10 September 2014 6:14 PM

Top oil exporter reports production of 9.597 million bpd, down from 10.005 million bpd the previous month

Worst time for Saudi Arabia's giant new oil refinery
Energy»

Worst time for Saudi Arabia's giant new oil refinery

Wednesday, 10 September 2014 4:03 PM

Not a good moment to start up an export-oriented oil refinery, says Reuters columnist Clyde Russell


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