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25 May, 2025
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Category: Energy

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

Tunisia to inject $ 1.7 bln to boost hydrocarbons output in 2012

March 5, 2012March 5, 2012 Peter Mulvany

The tunisian industry ministry has said it is planning to invest $ 1.7 billion to boost hydrocarbons output in 2012. The move, which also includes exploration drilling in 24 new oil sites, is destined to enable the North African country Read more

Energy, Headlinesdrill, energy, gas, hydrocarbons, LPG, Oil, Tunisia

Besieged Gaza to Get electricity from Egypt

February 21, 2012February 21, 2012 Peter Mulvany

Egyptian government has agreed to supply the occupied Palestinian Gaza Strip with 5 megawatt of power starting next week in a bid to help solve the electricity crisis hitting hard the besieged coastal enclave. The Egyptian offer comes amid plummeting Read more

Energy, HeadlinesBesieged, Egypt, electricity, energy, gaza, Palestine, Sinai

Arab countries to invest US $180 billion in power, water, energy projects

February 3, 2012February 3, 2012 Peter Mulvany

New power, water, and energy projects valued $180 billion are being carried out or planned in several Arab countries, according to energy experts. The UAE takes the lead with 20 projects worth $34.2 billion including a $20 bln nuclear power Read more

Energy, HeadlinesAbu Dhabi, Atomic, energy, king abdullah, nuclear, Saudi Arabia

Qatar to invest $ 25bn for boosting petrochemical industry

January 30, 2012January 30, 2012 Peter Mulvany

Qatar is planning to inject $25bn to enhance the performance of its domestic petrochemical industry over the next decade. According to Qatari energy minister Mohammed Al-Sada, the Gulf country is also looking forward to more than doubling its annual petrochemical Read more

Energy, Headlinesethylene, glycol, LNG, Mohammed Al-Sada, petrochemical, Qatar, Ras Laffan, Shell

Emirati-Spanish solar Co. to invest $5 Bln in worldwide projects

January 19, 2012January 19, 2012 Peter Mulvany

Torresol Energy, a joint venture set up by Spain’s Sener and Abu Dhabi’s Masdar, has unveiled solar power projects worth $ 5 billion to be carried out in Spain, the United States and several Middle East countries. The joint venture Read more

Energy, World Newsmegawatt, Middle East, mw, power, renewable, solar, spain, UAE, United States

Riyadh and Beijing Sign Nuclear Cooperation Pact

January 17, 2012January 17, 2012 Jaber Ali

Saudi Arabia has signed a cooperation agreement with China for the civilian use of nuclear energy. The agreement follows similar deals sealed with France, Argentina and South Korea. The Saudi kingdom, the World major oil producer and exporter, also held Read more

Energy, HeadlinesArgentina, Beijing, China, France, nuclear, Riyadh, Russia, South Korea, USA

Riyadh Can Replace Iranian Oil if Sanctions Are Enforced

January 17, 2012January 17, 2012 Peter Mulvany

Saudi Arabia oil minister has affirmed that his country has the capacity to fill any loss of crude oil production that may occur from the new international sanctions banning all oil imports from Iran for its persistence to continue its Read more

Energy, Headlinescrude, Hormuz, Iran, Oil, OPEC, Saudi Arabia

UAE hosts World Future Energy Summit

January 16, 2012January 16, 2012 Peter Mulvany

The 5th World Future Energy Summit (WFES) opens on Monday in Abu Dhabi to discuss key global issues relating to energy policies, development strategies, commercial incentives and industry-related challenges and trends. The WFES 2012 brings together more than 60 ministers Read more

Energy, Headlinesenergy, UAE, WFES

Jordan & Qatar to build offshore gas terminal in Aqaba

January 10, 2012January 10, 2012 Peter Mulvany

Jordan and Qatar planning to build a gas terminal in Aqaba to reduce the Hashemite kingdom dependence on gas imports from Egypt. These imports were lately disrupted by terrorist attacks targeting the pipeline carrying Egyptian gas to Jordan and Israel.  Read more

EnergyAqaba, Egypt, gas, Gulf, jordan, offshore, Oil, Qatar

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