Oman Oil's exploration and production division mulls investments worth $4 billion over the next five years to boost its oil output up to 200,000b/d in 2020.
The European Commission (EC) has extended restrictions on Chinese solar panels import to Europe over a pending review of market protection measures as set by the 2013 EC arrangement, due to expire by end 2015.
Iran is taking steps to ramp up oil exports by 500,000bd ahead of the end of international sanctions, and to extend its crude contracts with Chinese buyers in 2016.
Saudi Arabia's Acwa Power, and China-based Harbin Electric Corporation, are to build up a clean coal power plant in the Gulf region - Hassyan, comprising of two 600MW units to serve Abu Dhabi and the UAE by March 2020.
China has sentenced 14 officials at Sinopec, the China's state energy firm, and the local government for up to five years in jail in connection with the 2013 oil pipeline explosion.
PetroChina Co. announced plans to unload $2.4b in Central Asian pipelines by selling a 50 % stake in Trans-Asia Gas Pipeline Co. to China Reform Holdings Corp., another state-owned company.
Alpha Group of Companies Chairman/CEO Sheikh Mohamed Bayorh and senior executives from leading prominent companies in UAE welcomed the Nigerian Minister of State Petroleum Resources, Honorable Emmanuel Kachikwu this ...
China Petroleum and Technology Development Corporation (CPTDC) will invest approximately $10m in Egypt, Li Qitang, Egypt’s Chief Office Representative.
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.
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