Hot Topics
Sustainability
Partners start up Sasref Jubail low sulphur diesel unit
Saudi Aramco and UK/Dutch Shell will produce diesel with 10 parts per million sulphur content
Jordan to invite proposals for wind farm in May
Wind farm to be built near Shobak, about 200 kilometres south of the capital
Hydrogen Power Abu Dhabi delays plant deal
UK and UAE firms unable to complete offtake and financing agreements
Abu Dhabi awards Habshan nitrogen deal to Canadians
SNC Lavalin to design oil field facilities worth $10m
Abu Dhabi to introduce subsidies for solar power projects
Shams 1 funding plan will increase feasibility of sustainable energy schemes
Dubai Debt
Dubai World to meet UAE banks for debt talks
Emirates NBD and Abu Dhabi Commercial Bank to represent UAE creditors in debt talks
State support falls short
Abu Dhabi must realise implicit sovereign guarantees are worthless after Dubai distanced itself from debt woes at its state-owned firms
Dubai slowdown hits Ras al-Khaimah
Northern emirate’s economy set to grow 4 per cent
Abu Dhabi has to cut its cloth economically
When oil was trading at above $100 a barrel, Abu Dhabi seemed to have money to burn. Today the emirate may have to pare back some of its plans
Emirates bank exposure to Dubai World estimated at $15bn
Institutions would survive a 40 per cent loss on loans
Iraq Oil
Middle East contracts awarded: January 2010
Almost $3bn worth of contracts have been awarded across the Middle East up to 31 Januay 2010, according to this selected checklist compiled from MEED reports
Hungarian group makes Kurdistan oil and gas find
Hungarian group MOL makes discovery in Iraq’s northern Kurdistan region
Chinese consortium signs Iraq Missan oilfield deal
China National Offshore Oil Corporation and Sinochem win Iraq oil contract
Iraq oil exports increase in February
Ministry sets production rates for licensed fields
Baghdad negotiates with consultant to develop oil sector
World Bank to provide financing and technical supervision for project
