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Maintenance section boost for BapcoBapco's major maintenance section has set a new benchmark in the first half of the year, achieving success in various projects undertaken, said a report. The section successfully replaced 1,950-feet length of piping of number More… |
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Apicorp posts $109m profit in 2012The Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank owned by the ten members of the Organisation of Arab Petroleum Exporting Countries, said it has registered a net profit of $109 million for 2012, the highest More… |
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Citadel to build fuel bunkering hub on SuezMashreq Petroleum, a core platform company of Citadel Capital, has signed a 30-year concession agreement to build fuel bunkering terminal and logistics hub on the Suez Canal. The unique tank farm in East Port Said Port on the nort More… |
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Citadel to build fuel bunkering hub on SuezMashreq Petroleum, a core platform company of Citadel Capital, has signed a 30-year concession agreement to build fuel bunkering terminal and logistics hub on the Suez Canal. The unique tank farm in East Port Said Port on the nort More… |
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Kuwait petro firm launches $750m loanKuwait Foreign Petroleum Exploration Company (Kufpec) has launched its first syndicated loan in five years with a $750 million deal, two sources close to the deal said. The deal will be Kufpec's largest ever syndicated loan, a More… |
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Kuwait petro firm launches $750m loanKuwait Foreign Petroleum Exploration Company (Kufpec) has launched its first syndicated loan in five years with a $750 million deal, two sources close to the deal said. The deal will be Kufpec's largest ever syndicated loan, a More… |
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Bapco opens diesel loading terminalBahrain Petroleum Company (Bapco) has opened a $13 million bulk diesel loading terminal in the Sitra area in a move aimed at enhancing the natural gas supply in the kingdom and meeting the growing demand for diesel in the local market. More… |
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Apicorp sets up $150m petro shipping fundArab Petroleum Investments Corporation (Apicorp), a Saudi-based multilateral bank owned by the Arab states, has announced the establishment of a landmark $150 million fund aimed at leveraging growth opportunities in the petroleum product tanker More… |
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Kuwait petro firm picks banks for $750m loanKuwait Foreign Petroleum Exploration Company (Kufpec) has picked five banks to arrange a $750-million, five-year loan to help fund its general business operations, three banking sources told Reuters on Thursday. Kufpec has chosen More… |
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Crescent unveils big Russia expansion plansCrescent Group, a UAE-based firm with diversified business interests in the energy and non-energy sector, has announced plans to boost its Russian operations with the closing of two major investment deals in the country. It is the More… |
