Saudi Arabia has shortlisted 25 companies that qualify to bid for proposals to build a 400-MW wind power plant in the northern part of the Kingdom, in what would be Continue Reading
The first successful project from Iraq’s third bidding round, in 2010, is on track to reach plateau production within five years. A worker at the Siba gas field on Aug. Continue Reading
The already strong bilateral relations between Saudi Arabia and China are hitting new levels, as the Kingdom and the Chinese Tiger have decided to set up a joint US$20 billion Continue Reading
The Kurdistan Workers’ Party (PKK) has captured four Turkish intelligence operatives in Sulaimaniya after they attempted to arrest or assassinate a top leader of the Kurdish guerrilla group. The incident Continue Reading
Kuwait says that even though China is importing more oil, its exports to the world’s second-largest economy were stable. File Photo by tcly/Shutterstock Aug. 25 (UPI) — Though overall Chinese Continue Reading
Iraq’s proposal to change the way it prices crude oil in Asia faces resistance from refiners who fear that longer lead times between pricing and deliveries will expose them to Continue Reading
Norwegian energy company DNO said its overall performance was stimulated by regular payments for oil exported from the Kurdish north of Iraq. Photo courtesy DNO Aug. 24 (UPI) — Revenues Continue Reading
Since many of the Western sanctions on Iran were lifted early last year, Tehran has been trying to restore its crude oil exports to a pre-sanction level and attract foreign Continue Reading
Riyadh plans to surpass its commitment to generate 9.5 gigawatts of energy from renewables in order to boost its commitment to green energy and climate-friendly initiatives, according to a government Continue Reading
Iraq’s autonomous Kurdistan Regional Government (KRG) on Thursday gave extra project equity and profit payments to two of its earliest international oil investors to absolve outstanding debts – a deal Continue Reading
