Sources told Reuters that Saudi Arabia sees no need to hold a summit for oil producing countries’ over oil prices if such discussions would fail to produce any concrete resolution of the outlying issue. The comm...
The national currency of Kazakhstan, the Tenge, lost nearly a quarter of its public value on Thursday, reported the New York Times. The devaluation came after the central bank of Kazakhstan announced it would cease ma...
Qatar’s Foreign Minister Khalid Al Attiyah said on Tuesday that a “serious dialogue” with Iran was called for to solve several outlying challenges in the region, reported Gulf News. “Iran is our neighbor in the region...
Korean construction giant Samsung C&T has announced it has received a letter of award for a 2,500MW combined cycle power plant from Umm Al Houl Power, a special purpose company set up to develop the project. The f...
The United Arab Emirates has become the first Gulf state to take a major step towards taming the gas-guzzling habits of its drivers, who see cheap fuel as part of their birthright. The UAE said it would raise domestic...
Dolphin Energy Limited has made a number of notable achievements in 2014 including accomplishing a major production milestone of reaching 5 trillion standard cubic feet since operations began; the tie-in of three new ...
Speakers from Qatar’s leading companies and industry experts will highlight the various initiatives undertaken to promote solar energy in the country at an upcoming energy summit in Doha, Qatar. Power Qatar Summit 201...
Iran on Saturday announced that its production of natural gas from South Pars energy zone had increased to as high as 440 million cubic meters per day (mcm/d). Mehdi Yousefi, the managing director of Special Pars Econ...
Qatar Petroleum (QP) has decided not to assign any contracts by direct agreement with the relevant parties, including wholly or partly owned companies by QP or its subsidiaries, according to a report. This was disclos...
Qatar Petroleum, the state-owned oil and gas giant, has reduced its staff numbers in a restructuring and decided to exit all non-core businesses, chief executive Saad Sherida al-Kaabi said on Tuesday. He was speaking ...