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Oman: Major gas discovery made

State-run oil Oman Petroleum Development (PDO) has announced the discovery of a giant gas reservoir whose potential will boost the country’s economy and sustainable growth. The new find located in the Mabrouk gasfield, in the Garif formation in northern Oman, boasts a reservoir of 4 trillion cubic feet (tcf) of recoverable gas and 112 million […]

March 20th, 2018 | Posted in Energy,Headlines | Read More »

Gulf Crisis: UAE rejects Qatar’s announcement of extension of collaboration at Al-Bunduq oil field

The United Arab Emirates (UAE) Tuesday quickly debunked claims by Qatar Petroleum (QP) that the Qatari state-run company and Abu Dhabi agreed to continue collaboration in operating Al-Bunduq oil field, push-backs which show that the Gulf crisis is not abating. A source in the UAE’s Supreme Petroleum Council pointed out, in a statement carried by […]

March 14th, 2018 | Posted in Energy,Headlines | Read More »

Bahrain to set up 5MW solar, wind energy plant

Bahrain, hoping to ride the crest of the renewable energy wave, is set to build a pilot power plant that will produce up to five megawatts (MW) of electricity from renewable resources, said a report. The project, to be carried out by Bahrain’s Electricity and Water Authority (EWA) will be set up over 12 hectares […]

February 24th, 2018 | Posted in Energy,Gulf News,Headlines | Read More »

Bahrain Accuses Iran of Plotting Pipeline Blast

Bahraini authorities held Iran responsible for a plot to bomb a pipeline connecting the country to Saudi Arabia, after the arrest of a four-member terrorist cell with ties to Iran. The Bahraini Interior Ministry said two of the group members had been trained at the Iranian Revolutionary Guard camps. Tehran rejected Manama’s accusations as “false […]

February 8th, 2018 | Posted in Energy,Headlines | Read More »

Tension Simmers between Egypt & Turkey over Maritime Borders Demarcation

Egypt waved the threat of confrontation if Turkey undermines its interests in the eastern Mediterranean where Cairo signed a gas exploitation deal with Greek Cyprus. “Turkey will face a confrontation with Egypt if it does not respect Cairo’s rights for gas exploration” the Egyptian Foreign Ministry spokesperson Ahmed Abu Zeid warned. Abu Zeid added that […]

February 8th, 2018 | Posted in Energy,Headlines,World News | Read More »

Oman: BP signs up for supply of 1.1 mtpa of LNG a year

Oman Liquefied Natural Gas Company (Oman LNG) will supply British Petroleum BP 1.1 million tons of LNG per year in a deal to last seven years, Reuters reports. BP was represented by its Singapore-based trade unit. The deal, according to Reuters, allows BP to ship the cargoes anywhere without destination restrictions. The global oil firm […]

January 23rd, 2018 | Posted in Energy,Headlines | Read More »

BP Taps into Kirkuk’s Oil Fields

British Petroleum (BP) signed a memorandum of understanding to increase the flow of oil from the oil fields of Kirkuk, in the country’s north. BP has been asked by the Iraqi oil ministry to boost production capacity from the field to more than 700,000 barrels per day (bpd), after it was reclaimed by Baghdad from […]

January 21st, 2018 | Posted in Energy,Headlines,World News | Read More »

Abu Dhabi-based Masdar helps provide green energy to 1,000 villages in Morocco

Some 1,000 villages in Morocco were supplied with green energy at the completion of a project jointly carried out by the Abu Dhabi-headquartered Masdar and the Moroccan Office National de l’Electricité et de l’Eau Potable (ONEE). The initiative, named Morocco Solar Home System (SHS), has provided off-grid solar power to 19,438 households in the North […]

January 15th, 2018 | Posted in Energy | Read More »

Iraq to Start Trucking Kirkuk Oil to Iran End of January

Iraq will start exporting oil from the northern fields of Kirkuk to Iran by the end of January, Iraqi oil minister announced. Jabbar Alluaibi said about 30,000 barrels per day will be trucked to Iran’s Kermanshah refinery in the first set of shipments. Iraq initially announced the planned deal with Iran in November 2017, negotiated […]

January 8th, 2018 | Posted in Energy,Gulf News,Headlines,World News | Read More »

Qatar: Qatargas, RasGas merger Creates Gas Giant

Qatar Petroleum has announced that the country’s two Liquefied Natural Gas producers have been combined into a single gas company with a goal to save up to $500 million annually in operation costs. Qatar Pertroleum’s chief executive Saad al-Kaabi announced the news to the media saying that the two companies are now merged under Qatargas. […]

January 4th, 2018 | Posted in Energy,Gulf News,Headlines | Read More »