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03 Feb, 2023
Latest News:
EU Reaffirms Its Stand on Sahara & Attachment to Partnership with Morocco
Cairo-headquartered ICON establishes subsidiary in Saudi Arabia
Arab Combined Cycling Championship in Sharjah: Morocco Wins Three Gold Medals in Mountain Bike Event

Middle East Confidential

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Category: Energy

Jordan: Steam power unit financed

April 24, 2012April 24, 2012 Jaber Ali

During the recently concluded 41st annual meeting of the Board of Governors of the Arab Fund for Economic and Social Development at Marrakesh, in the kingdom of Morocco, a sum of almost $200 million was granted to the kingdom of Read more

Energy, HeadlinesAl Samra, Arab Fund, jordan, Marrakesh, Power Plant, Steam power

Egypt Ends Controversial Gas Deal With Israel

April 23, 2012April 23, 2012 Jaber Ali

The new Egyptian leaders have decided to annul the natural gas deal with Israel, a move which will add further tension and trouble to the already strained relations between the countries since the fall of the regime of Hosni Mubarak, Read more

Energy, HeadlinesCairo, Egypt, energy, gas, Hosni Mubarak, Israel, jordan

Turkey: The search for agreements

April 23, 2012April 23, 2012 Peter Mulvany

The Ottoman state has embarked on a series of agreements concerning energy with different countries since last year to enhance its continuous supply. One of the latest agreements that it has concluded is a deal of 2.5 to 3 billion Read more

Energy, HeadlinesAzerbaijan, Bota, energy, Iran, Libya, Nabucco, Ottoman, Qatar, Russia, Saudi Arabia, Taner Yildiz, Turkey

Morocco To Build 150-Megawatt Wind Park

April 17, 2012April 17, 2012 Peter Mulvany

Morocco, which is not an oil producer, is planning to build a 150-megawatt wind farm to boost its renewable energy production part of an ambitious program to diversify its energy resources. The North African Kingdom has chosen French utility company Read more

Energy, HeadlinesEDF, megawatt, Mitsui, Morocco, Wind Park

Arab Gulf Countries Oil & Gas Reserves Worth $ 65trn

March 26, 2012March 26, 2012 Jaber Ali

The crude & gas reserves of the Arab Gulf countries are estimated $65 trillion, or one third of the overall world hydrocarbon reserves, says QNB Capital in its latest analysis. The GCC oil & gas reserves represent 93 pc of Read more

Energy, HeadlinesBahrain, gas, GCC, GDP, Gulf, Iran, Iraq, Kuwait, Oil, Qatar, UAE

UAE to build $ 3.3 bln solar park in Dubai

March 16, 2012March 15, 2012 Jaber Ali

The United Arab Emirates is planning to build a US$3.3 billion solar park designed to produce 1,000 megawatts of power by 2030. The first bids for the construction a 10-megawatt unit will be issued during the 3rd quarter of 2012 Read more

Energy, HeadlinesDEWA, Dubai, fuel, power, solar park, UAE, United Arab Emirates, World Energy Council

Kuwait Oil Output to Reach 4 Mln bpd by 2020

March 14, 2012March 14, 2012 Peter Mulvany

Kuwait is planning to increase its oil production capacity from 3 Million barrel per day to 4 M/bpd by 2020 to meet rapidly soaring local, regional and international demands. To reach that goal, the Gulf state will carry out new Read more

Energy, Headlinesbarrel, Hani Hussein, Kuwait, Oil, OPEC, Petroleum

UAE to build more nuclear power plants

March 9, 2012March 9, 2012 Jaber Ali

The United Arab Emirates (UAE) mulls building four new nuclear power facilities next year with the help of South Korea, in addition to the four already being built. To meet the rapidly increasing energy demands, the UAE state-owned Emirates Nuclear Read more

Energy, Headlinesnuclear, South Korea, UAE

Iraq earns over $ 7 Bln in oil exports in January

March 7, 2012March 7, 2012 Peter Mulvany

High oil prices have enabled Iraq to export 65.3 million barrels last January and earn 7.123 billion dollars, according to official figures released by the Iraqi oil ministry. The crude oil, which was sold at $ 109 for the barrel, Read more

Energy, HeadlinesBasra, IEA, Iraq, jihan port, Khor Al-Omaia, Kirkuk, oil export, Turkey

Yemen: Total invests $40 Mln To boost Exploration & Production

March 7, 2012March 7, 2012 Peter Mulvany

French energy producer & provider company Total has acquired a 40 pc stake in an exploration license in Yemen from Oil Search, Papua New Guinea oil and gas Company, for around $40 million. “With this new acquisition, Total is pursuing Read more

Energy, HeadlinesBalhaf, gas, Jannah, LNG, Marib, Masila, Oil, Shabwa, Total, Yemen

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