China | Egypt Oil & Gas - Part 28
Omani Blend Crude Bolsters Ambitious Dubai Mercantile Exchange
The Dubai Mercantile Exchange (DME) announced today that Oman’s Ministry of Oil and Gas has become the first customer of its recently launched ‘DME Auctions’ platform.
South Korean, Chinese Help for Oman’s Gas-Fired Power Plants
South Korean conglomerate Doosan Heavy Industries and Construction Company has won a contract to supply steam turbines and generators for a new Independent Power Project (IPP),.
Iran Signs 1,250 MW with Germans for Post-Sanction Electricity Demands
Iran’s Ministry of Energy signed an agreement with a German company to build 1,250 megawatts of solar energy projects.
China and Mozambique to Develop New Oil Projects in Africa
China Petroleum Engineering and Construction (CPECC) and ENH Logística (ENHL) of Mozambique have established a partnership to develop oil projects in Mozambique.
Asian Refineries Expect Robust Margins, High Gasoline Demand
Industry analysts and executives are expecting robust margins for Asian refineries next year, buoyed by high demand for gasoline in China and India.
Oil Price Slides on Weak China Data, Record Russian Output
Oil prices dropped again on Monday in response to weak economic data from China and record-high production figures from Russia.
UAE Struggles Over Predicting Ideal Oil Price for its Budget
Oil at $50 a barrel is a “gift to the world” as prices should be low enough to spur economic growth, explained Ali Al Mansoori head of Abu Dhabi’s Department of Economic Development
China, Britain Nuclear Power Agreement Reached
State-funded China General Nuclear Power Corporation has reached an agreement with France's EDF Energy to collaborate on new nuclear power plants, the BBCreported.
