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Oil & Gas Latest


Dubai invites companies to bid for refinery expansion Subscription

27 August 2015 | By

Emirates National Oil Company to add capacity to Jebel Ali facility

Enoc petrol pump

UAE fuel prices for September announced Subscription

27 August 2015 | By

Fuel prices rose 24 per cent in August as subsidies were scrapped

Abu Dhabi has no timeline for onshore concession stakes

DNO withdraws from Oman exploration blocks Subscription

27 August 2015 | By

Norwegian company retains two blocks in sultanate; reports second quarter loss

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Gas field

Kuwait summons Iranian envoy Subscription

27 August 2015 | By

Tehran accused of offering investment opportunities at disputed gas field

With the US Congress and Senate returning for their autumn sessions in September, the business community is hopeful that a renewal of Exim Bank’s authorisation can be passed

US Exim Bank shutdown affects Middle East projects Subscription

26 August 2015 | By

Paralysis at export credit agency will damage US more than Middle East

Gas plant

Bidders still waiting for Fadhili gas plant news Subscription

26 August 2015 | By

Bids for processing plant were submitted in late July


Egypt appoints loan advisers for refinery expansion Subscription

26 August 2015 | By

Project will need $1.4bn in finance

Shale gas drilling rig on a field

Japanese group awarded Saudi shale gas project Subscription

25 August 2015 | By

System A to be followed by larger expansion to supply mining operation in north of the kingdom

Oil prices

Optimism plunges among chief financial officers Subscription

25 August 2015 | By

Deloitte reports negative impact of sustained low oil prices to optimism and risk appetite

South Pars phase 12

Iran completes phase 12 of South Pars gas development Subscription

25 August 2015 | By

Phases 15 and 16 on track for year-end, but other projects facing significant delays

OIl barrels

Crude prices hit six-year low on Chinese stock crash Subscription

24 August 2015 | By

Concerns over Chinese slowdown see oil prices hit lows of 2008/09 financial crisis

Petroceltic invites bids for $2bn Algerian gas project

Petroceltic denies anonymous corruption accusations Subscription

23 August 2015 | By

Dissident shareholder renews battle

Offshore oil and gas

Chiyoda-CCC awarded $150m UAE offshore contract Subscription

23 August 2015 | By

Japanese-led joint venture to carry out modifications at Das Island for Nasr development

West Qurna-2 oil field in Iraq

Iraq looks to reassure oil companies amid southern unrest Subscription

20 August 2015 | By

Lukoil says its $2.5bn West Qurna-2 project remains on schedule after protests

Iraq oil

IMF says Iraq is unlikely to hit 2015 oil targets Subscription

20 August 2015 | By

Conflict with Isis and insufficient storage facilities limit oil sector expansion

Top 100 projects Q2 2015

Iraq projects market value collapses in Top 100 projects index Subscription

19 August 2015 | By

But the value of the index in the second quarter edges higher

Abu Dhabi capital city of the UAE

Taqa closes $3.1bn loan Subscription

19 August 2015 | By

Refinancing at improved rates

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Middle East Economic Review 2015 Subscription

15 July 2015 | By

Lower oil prices have forced governments to review their spending plans, but the region will continue to invest heavily in strategic projects

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MEED Events

Oman Projects 2015

Oman Projects Forum 2015

26-28 October 2015 | Reviewing Oman’s project market and upcoming opportunities

See the MEED Events Calendar