Saturday 18 May 2013
 
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petroleum

Citadel to build fuel bunkering hub on Suez

Mashreq 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

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Citadel to build fuel bunkering hub on Suez

Mashreq 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

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Kuwait petro firm launches $750m loan

Kuwait 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

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Kuwait petro firm launches $750m loan

Kuwait 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

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Bapco opens diesel loading terminal

Bahrain 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.

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Apicorp sets up $150m petro shipping fund

Arab 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

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Kuwait petro firm picks banks for $750m loan

Kuwait 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

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Crescent unveils big Russia expansion plans

Crescent 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

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MiX Telematics unveils key solutions at Kuwait expo

MiX Telematics, a leading provider of fleet management, driver safety and vehicle tracking solutions, is showcasing its innovative products for the oil and gas industry at the ongoing Kuwait International Petroleum Conference and Exhibition (KIP

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Petroleum conference kicks off in Kuwait

The fourth edition of the Kuwait International Petroleum Conference and Exhibition (Kipce) began on Monday (December 10) under the theme “People and Innovative Technologies to Unleash Challenging Hydrocarbon Resources.”

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