Sunday 1 May 2016
 
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petroleum

Kuwait to develop Pakistan oil fields

State-run Kuwait Petroleum Corporation (KPC) said on Sunday that its international arm has signed a memorandum of understanding to develop oil fields in Pakistan. The signing by Kuwait Foreign Petroleum Exploration Company (Kufpec

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Tatweer Petroleum launches solar power plant

A one-megawatt solar power plant was among three key projects launched by Tatweer Petroleum yesterday (February 14). Energy Minister and Tatweer Petroleum chairman Dr Abdulhussain Mirza inaugurated the projects at various Tatweer Petroleum fac

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Tatweer Petroleum launches solar power plant

A one-megawatt solar power plant was among three key projects launched by Tatweer Petroleum yesterday (February 14). Energy Minister and Tatweer Petroleum chairman Dr Abdulhussain Mirza inaugurated the projects at various Tatweer Petroleum fac

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Iran eyes $200bn investment in petroleum projects

Iran’s petroleum ministry plans to attract $200 billion capital for investment in its projects, a report said. “We will need over $200 billion investment in our development projects, mainly in the oil sector, within th

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Iran ‘will need $20bn funding for South Pars’

Iran will need $20 billion to launch the remaining phases of the South Pars Gas Filed in Bushehr province, said a senior government official. “Following the removal of Western sanctions, we will be able to fund the projects

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Saudi to meet Egypt's petroleum needs for 3 months

Saudi Arabia has pledged to meet Egypt's petroleum needs with payment facilities and interest rates up to 1 percent for three months starting from February, an Egyptian Petroleum Ministry official told Reuters on Monday. Egypt

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Saudi Arabia to adjust fuel, utility subsidies over 5 years

Saudi Arabia's government is to adjust subsidies for water, electricity and petroleum products over the next five years, the Ministry of Finance said in its 2016 budget document. Any changes made to such prices would be aimed

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Saudi Arabia to adjust fuel, utility subsidies over 5 years

Saudi Arabia's government is to adjust subsidies for water, electricity and petroleum products over the next five years, the Ministry of Finance said in its 2016 budget document. Any changes made to such prices would be aimed

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Saudi Arabia to adjust fuel, utility subsidies over 5 years

Saudi Arabia's government is to adjust subsidies for water, electricity and petroleum products over the next five years, the Ministry of Finance said in its 2016 budget document. Any changes made to such prices would be aimed

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Qatar Petroleum, Qatar Electricity plan solar power venture

State-owned oil and gas producer Qatar Petroleum and utility Qatar Electricity and Water Company (QEWC) said they had agreed to establish a $500 million venture to generate electricity from solar power.   A memor

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