News / International
OAPEC’s Investment Corp on Verge of Shipping Deal Bolstered by Islamic Bonds
Saudi Arabia-based Arab Petroleum Investments Corp. (APICORP) plans to acquire a shipping asset and could close that deal either year-end or in the first quarter of 2016.
Qatari Power Outfit May Throw Lifeline to Malaysia Fund
1Malaysia Development Bhd (1MDB), is nearing the sale of its power assets to a consortium including Qatar's Nebras Power and China General Nuclear Power Holding Corp.
Iraq in $30 a Barrel Price War as Investments Stagnate
Iraq may increase oil output further in 2016 as the country prepares to sell some crude grades for as little as $30 a barrel.
Aramco Targeting Asia Market Expansion with Singapore Office
Aramco Trading Company, a subsidiary of oil giant Saudi Aramco, has started a Singapore office to market oil products.
GE Software Solutions Optimizing Qatar RasGas
GE Power is providing transformative software service solutions for industrial plants in the energy sector through its partnerships with RasGas in Qatar.
Platts to Include More Arab Grades into Pricing Benchmarks
Oil pricing agency Platts is expected to announce by the end of this year which of two Middle East crude grades it will add to its Dubai benchmark in 2016 to boost the liquidity of its price assessment process
Seven Tides Promotes Electric Cars, Renewables with DEWA’s Help
Luxury property developer Seven Tides International has partnered with Dubai Electricity & Water Authority (DEWA) in a groundbreaking initiative as the first private sector company to install electric car chargers at two of its five-star hotels in the emirate.
China Helping Saudi Expand Gas Operations
China's Shandong Electric Power Construction Corp (SEPCO) has signed a contract to build a gas compressor station as part of the expansion of Saudi Arabia's main gas pipeline.
