Kuwait began operating its first solar power plant at the Umm Gudair oil field. The Sidrah 500 project is worth $99m and is expected to produce 10MW of electricity.
Libya has experienced a remarkable increase in oil production hitting 670,000b/d. The rise in output came accordingly to NOC's work in some previously-shut oilfields.
Iran Oil Terminals Company's (IOTC) is in negotiation with a Dutch firm to renovate and develop Iran's oil terminals infrastructure in the Persian Gulf.
The European Bank for Reconstruction and Development (EBRD) will providing $55m in new funds to Turkish lender Isbank to finance private companies investing in renewable energy.
Senior officials from the Organization of the Petroleum Exporting Countries (OPEC) met with Russia’s energy minister in Riyadh to discuss details around how the group will meet the supply target it set at in Algiers ...
Public Utility Authority (PUA) will issue more than 1,000MW of fresh quotas via at least six bid rounds for low, high, and extra-high voltage solar projects.
BP Oman announced that phase one of its massive Khazzan natural gas project, which is located in an undeveloped desert site 350km south of Muscat, is 80% complete.