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Pre-feasibility studies for a major power project in southern Turkey by the Abu Dhabi National Energy Company in collaboration with Electricity Generation Company Incorporation have been accomplished. The two governments of both companies are supportive to the project in a Read more
A report from Arab Petroleum Investments Corp has revealed that oil producers in MENA are planning a total investment of US$740bn on energy projects over the next 5 years (2013-2017). The five countries leading the investment table are Saudi Arabia Read more
As protesters and riot police clash in Tehran over the sharp falls of the country’s currency, the EU is getting ready to implement a ban on Iranian gas imports into Europe, diplomatic sources hinted. Iran’s refusal to halt its nuclear Read more
Iraq’s Deputy Prime Minister for Energy, Hussain al-Shahristani, revealed the investment plans of the country to British businessmen during an investment conference in a bid to lure them into investing in the country as they struggle to rebuild from what Read more
“Red lines don’t lead to war, red lines prevent war. Nothing could imperil the world more than a nuclear-armed Iran.” Such were the stern remarks of Benjamin Netanyahu during his speech at the UN General Assembly. He claimed that Iran Read more
Jordan has taken a step towards exploring and developing its oil reserves. It signed a Memorandum of Understanding with Global Oil Shale Holdings (GOSH) in this aspect for two oil shale blocks in the kingdom. Previous samples and geologic evaluations Read more
A Middle East free of nuclear weapons conference to be held in Finland will not be attended by Israel according to the head of Israel’s Atomic Energy Commission (IAEC) even though a Finnish delegation was in the country to lure Read more
A specialized oil and gas free zone will be build on a 11 million square meter land at Khor Al-Zubair area in Basra in a joint venture agreement between Iraq General Commission of Free Zones and BIOGH Basra International Oil and Read more
Iran’s controversial nuclear program has resurfaced. This time around, Tehran is accused of destroying evidences at the Parchin military site. The site has been clouded with suspicions and the United Nations nuclear inspectors want to visit it as part of Read more
Hopes in Lebanon are high as reports carry out that its offshore natural gas deposits in the eastern Mediterranean is greater than that of Cyprus and Syria after a just it concluded 3D seismic survey, citing the CEO of Norway-based Read more