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Friday, 27 November 2009 04:17 UAE time

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Monday, 05 October 2009

TAQA in talks to meet its $1bn Q4 target spend

Energy
Abu Dhabi energy firm in talks with three companies to meet target, its CEO says.

TAQA in talks to meet its $1bn Q4 target spend

Sunday, 04 October 2009

UAE aims for first Gulf nuclear reactor in 2017

Energy
Reactor set to provide around 15% of power supply to domestic market by 2025.

UAE aims for first Gulf nuclear reactor in 2017

Saudi's Tasnee says petchem demand healthy

Energy
Prices of polyethylene and polypropylene now above $1000, up 65% since beginning of 2009.

Saudi's Tasnee says petchem demand healthy

Saturday, 03 October 2009

Iraq hydrocarbons law delayed until after election - MP

Energy
Proposed law dividing responsibility between central gov't, provinces now 3 years late.

Iraq hydrocarbons law delayed until after election - MP

Iraq, oil majors agree terms on oilfield project

Energy
Iraq-BP-CNPC venture to triple production at giant Rumaila field to be agreed 'within weeks'.  

Iraq, oil majors agree terms on oilfield project

Aramco awards fuel plants upgrade deal to Saudi firm

Energy
Oil giant's deal is for upgrade of 14 bulk plants in several regions in the Kingdom.

Aramco awards fuel plants upgrade deal to Saudi firm

UN atomic chief due in Iran as pressure mounts

Energy
Int'l Atomic Energy Agency chief to meet Iran's atomic energy body head.

UN atomic chief due in Iran as pressure mounts

Friday, 02 October 2009

Oil falls below $69 after US employment data

Energy
US Labour Dept says unemployment has risen to its highest rate since June 1983.

Oil falls below $69 after US employment data

Thursday, 01 October 2009

Oil price boosts Kuwait's earning power

Energy
Kuwait has earned 80 percent of its annual income in the first five months of fiscal year.

Oil price boosts Kuwait's earning power

EXCLUSIVE: Colombia to snub IRENA in hydro power row

Energy
Energy minister says will not join Abu Dhabi based agency unless it changes stance.

EXCLUSIVE: Colombia to snub IRENA in hydro power row

TAQA subsidiary completes $415m takeover

Energy
Unit of Abu Dhabi National Energy Company completes deal for oil, gas firm.

TAQA subsidiary completes $415m takeover

Tuesday, 29 September 2009

Kuwait Energy secures $50m loan agreement

Energy
Facility to be used to accelerate development of oil and gas assets in Egypt, Yemen.

Kuwait Energy secures $50m loan agreement

Dubai's EAX steps up search for Seychelles oil

Energy
Oil exploration company and UK partner start second seismic survey off island.

Dubai's EAX steps up search for Seychelles oil

Monday, 28 September 2009

DNO shares jump as Kurds seek to calm shares row

Energy
UPDATE 3: Row with Norwegian oil firm had threatened business-friendly image of Kurds.

DNO shares jump as Kurds seek to calm shares row

Oman's Sohar Port signs $200m project loan

Energy
Loan agreement with local and international banks to be used finance port project.

Oman's Sohar Port signs $200m project loan

Dutch gas storage project partners seek exit - sources

Energy
Reported disagreement with partner, Abu Dhabi's TAQA, on how to take project forward.

Dutch gas storage project partners seek exit - sources

Saudi plans to relaunch bids for $6bn power plant

Energy
Local media reports the giant Ras Azzour project will be put out to tender in six months.

Saudi plans to relaunch bids for $6bn power plant

$9bn refinery project partners on board by March 2010 - KPI

Energy
Kuwait Petroleum International chief says Royal Dutch/Shell, Dow and BP in frame.

$9bn refinery project partners on board by March 2010 - KPI

Sunday, 27 September 2009

Kurds want full disclosure in DNO shares row - aide

Energy
Kurdish authorities say they did not benefit from trading shares in Norwegian oil company.

Kurds want full disclosure in DNO shares row - aide

Iran oilmin expects winter gas shortage - paper

Energy
First diesel cargoes in 6 months to augment gas already being burned in power plants.

Iran oilmin expects winter gas shortage - paper
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SPOT POLL

Have you cut back your spending on groceries amid the downturn?

Actually, I’ve reduced my spending on everything… food, clothes, going out – the lot.
I’ve swapped to non-brand food items, and always look for special offers, but that’s it.
No, I’m spending the same.
No way, it's champers and caviar for dinner every night!
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