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Qatari gas export revenue surges in April, oil downQatar, the world's largest exporter of liquefied natural gas, generated nearly four times as much revenue from gas exports than from crude oil sales in April, preliminary data from the Qatar Statistics Authority sho More… |
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Adipec to recognise women empowermentEmpowerment of Women in the Gas and Oil Industry and the Young Adipec Engineer will be two new categories under the Abu Dhabi Petroleum Exhibition and Conference (Adipec) Awards, to be held in Abu Dhabi in November. The Adipec award recognises and rewards excellence within indivi More… |
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New oil pipeline to Turkey soon say KurdsIraqi Kurdistan will start a new oil pipeline to Turkey within months, its energy minister said, increasing the autonomous region's control over its resources in a dispute with Baghdad and raising its exports to world markets. In a move that will provoke Baghdad, the Kurdish More… |
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Qatar plans $46m investment in top solar groupQatar Solar, a major renewable energy initiative from the Qatar Foundation, is set to boost its stake in SolarWorld, once Germany's largest solar energy company, with an investment of 35 million euros ($46.8 million). With this move, the Qatari group will become a 29-per cent More… |
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Bapco launches key competency projectBahrain Petroleum Company (Bapco) has started the rollout of its competency framework project, which is an initiative aimed at obtaining and retaining talent, said a report. The project will see the company's training and development department create a comprehensive set of c More… |
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Sipchem picks HSBC as adviser for Sahara mergerSaudi International Petrochemical Co (Sipchem) has picked HSBC Holdings to advise on the firm's proposed merger with Sahara Petrochemical , three banking sources said. Mergers between two listed Saudi entities are rare: consolidation in the Gulf is often scuppered by major sh More… |
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Sembcorp HV picks HSBC for Oman share saleHSBC Holdings has been appointed to manage a public share offer of a joint venture firm that owns and operates a $1 billion water and power project in Oman, two banking sources said on Tuesday. Singapore's Sembcorp Utilities, a unit of Sembcorp Industries, has a 60 percent st More… |
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Lukoil unit wins big gasoil supply deal in EgyptLitasco, the trading arm of Russia's Lukoil, has won the bulk of a tender by Egypt's state oil company for delivery of gasoil to the Mediterranean port of Alexandria in the second half of the year, traders said on Tuesday. Petroineos, BP and Glencore were also winners, th More… |
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Bahrain’s new plan to tackle power, waterBahrain has introduced a three-phase "green" plan to tackle spiralling energy and water consumption, said a senior government official. It will increase production plants, electricity transmission and distribution networks, including using a grid that connects all six G More… |
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Equate wins CSR awardKuwait-based Equate Petrochemical Company said it has won "the Best Contribution for Corporate Social Responsibility (CSR)" award, at a ceremony held in Dubai. The honour was presented at the Chartered Institute of Purchasing & Supply (CIPS) Middle East Awards 2013. More… |
