ArabianBusiness.com - Middle East Business News
Wednesday, 25 November 2009 14:34 UAE time

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Ducab starts work on new $136m factory

Energy
New facilities will supply high voltage cables for DEWA, ADWEA projects, operations set to start in late 2010.



Tuesday, 24 November 2009

ABB wins $38m deal to improve power efficency

Energy
ABB wins a multi-million dollar contract to improve the efficiency of power substations.

ABB wins $38m deal to improve power efficency

Oman sees oil price at $70-$80 per barrel in 2010

Energy
Economy minister says price is 40-60% more than $50 estimate used to calculate budget.

Oman sees oil price at $70-$80 per barrel in 2010

Monday, 23 November 2009

Shell delays Qatargas4 project by a year

Energy
Startup is now planned for late 2010, first cargo possibly pushed into 2011.


ENOC will not increase Dragon Oil bid

Energy
Dubai state-owned refiner will not increase takeover offer, 'final decision' says CEO.

ENOC will not increase Dragon Oil bid

Sunday, 22 November 2009

OPEC chief calls for climate talks compensation

Energy
Poorer oil-producers should get financial aid if Copenhagen talks agree to cut use - Badri.

OPEC chief calls for climate talks compensation

Saturday, 21 November 2009

UAE nuclear deal seen in next few weeks

Energy
$40bn contract to build several nuclear power reactors is largest ever energy deal awarded in Mideast.

UAE nuclear deal seen in next few weeks

Thursday, 19 November 2009

$4.4bn Abu Dhabi oil project contracts awarded

Energy
Three South Korean companies win deals for Ruwais Refinery expansion project.

$4.4bn Abu Dhabi oil project contracts awarded

Oil slips towards $79 on dollar, demand concern

Energy
Doubts about pace of demand recovery in US dampens market sentiment.

Oil slips towards $79 on dollar, demand concern

No output quota changes at OPEC meet - Qatar oil min

Energy
Organisation of the Petroleum Exporting Countries will meet in Angola on Dec 22.

No output quota changes at OPEC meet - Qatar oil min

Qatar eyes $9.8bn petro investment in Asia

Energy
Plans to build two plants by 2015 to tap demand from world's fastest growing region.

Qatar eyes $9.8bn petro investment in Asia

Wednesday, 18 November 2009

Oil rises above $80 as dollar slips, stocks rise

Energy
US dollar slips against basket of other currencies, helping drive commodities higher.

Oil rises above $80 as dollar slips, stocks rise

Saudi eyes 2010 launch for new engineering HQ

Energy
Joint venture signed for new centre to serve oil, gas, petro sectors in kingdom.

Saudi eyes 2010 launch for new engineering HQ

Tuesday, 17 November 2009

First Energy Bank to build $1bn Saudi solar plant

Energy
Bank plans to build a $1bn polysilicon plant in Saudi Arabia with local partner.

First Energy Bank to build $1bn Saudi solar plant

IEA says sees little OECD oil demand recovery

Energy
It does not make sense for OPEC to add to bulging stockpiles, IEA official says.

IEA says sees little OECD oil demand recovery

Monday, 16 November 2009

Abu Dhabi's IPIC in $5bn oil refinery deal

Energy
UAE's investment company part of joint venture for Pakistani refinery project.

Abu Dhabi's IPIC in $5bn oil refinery deal

Saturday, 14 November 2009

Saudis need $80bn for electricity by 2020 - agency

Energy
Kingdom currently produces 40,000 megawatts of electricity - ministry official.

Saudis need $80bn for electricity by 2020 - agency

Qatar to boost LNG exports to China

Energy
Qatargas to supply China's CNOOC with 3m more tonne LNG a year from 2013.

Qatar to boost LNG exports to China

Thursday, 12 November 2009

Global oil demand to see growth in Q4 - IEA

Energy
Paris-based adviser to 28 industrialised nations, ups '09 global oil demand estimate.

Global oil demand to see growth in Q4 - IEA

UAE's Dana Gas posts 64% higher Q3 gross profit

Energy
Natural gas firm records AED359m ($97.74m) revenues in Q3, which is up 12%.

UAE's Dana Gas posts 64% higher Q3 gross profit

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SPOT POLL

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No way, it's champers and caviar for dinner every night!
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