The Iraqi oil ministry is holding talks with foreign oil companies debating alteration to the signed agreements in an attempt to switch from the currently used service agreements model to a revenue-sharing model that ...
Saudi Arabia signed 14 Memoranda of Understanding (MoUs) with China, including the landmark deal to build a high-temperature coolant gas nuclear reactor, on the first day of Chinese President Xi Jinping’s visit to Ri ...
The Ministry of Electricity expects to sign six new agreements for Chinese investment in Egypt’s electricity infrastructure during Chinese President Xi Jinping’s visit in January.
An Estonian-Malaysian consortium has recently signed a $1.6b contract to set up a 470MW oil shale power plant in the Attarat Um Ghudran area of southern Jordan.
China's oil demand growth is expected to drop to 3% in 2016 reflecting on the country's economic slowdown, despite lowering oil prices. Oil demand rise is estimated at merely 300,000b/d this year, compared to 510,000 ...
Nanjing-based photovoltaic (PV) manufacturer, China Sunergy (CSUN), has signed a deal with the UAE’s Z-One Holding to establish a joint venture company, CSUN Solar MEA FZC, that will sell a full range of solar produc ...
Iran has resumed petrochemical exports to Europe for the first time in five years and received payments through an international bank in Spain, previously blocked under the 2011 sanction regime.
An Egyptian-government committee has decided on a series of projects in electricity generation, construction, and transportation designated for bilateral cooperation with China, which will be offered to the Chinese d ...
Chinese firm POLY-GCL Petroleum Group Holdings has finished drilling two appraisal wells in Ethiopia's southeast and will soon know the size of gas deposits there. Gas production may starts this year.