Eni and Austrian oil and gas producer OMV agreed to pay about $5.8 billion for a 35... Full Story
Crude oil production resumed early July at the Wafra oilfield, shared by Kuwait and Saudi Arabia, after a five-year halt, the Kuwaiti oil ministry said on Twitter recently.
The Wafra and Khafji... Full Story
A 305 km natural gas network in Rahmaniyah has been completed by the Sharjah Electricity and Water Authority (SEWA).
The total length of the network... Full Story
Oman’s ambitious goal of building the biggest oil-storage facility in the Middle East is finally progressing, more than seven years after the Gulf sultanate announced... Full Story
Qatar has agreed to discuss India’s demand to renegotiate the long-term LNG contract, reversing the stand it took just four months ago, as crumbling spot prices and collapsing... Full Story
Kuwait and Saudi Arabia are to suspend oil production from the neutral zone they share in June as part of cuts they agreed to shore... Full Story
The UAE is to voluntarily cut its oil output by 100,000 barrels per day in June in a show of solidarity with neighbours Saudi Arabia.
The UAE announced recently the discovery of 80 trillion standard cubic feet of shallow gas resources in place between Saih Al Sidirah and Jebel Ali in... Full Story
Kuwait plans to resume oil production at Wafra field, shared with Saudi Arabia, by March, Oil Minister Khaled Al-Fadhel told Bloomberg.
The field has been... Full Story
This site is best viewed with a resolution of 1024x768 (or higher) and supports Microsoft Internet Explorer 4.0 (or higher)
Copyright © 2016-2020