From the field

Qatar utility inks grid deals

Qatar General Electricity and Water Corporation (Kahramaa) on Sunday signed nine agreements as part of phase 13 of the country’s… Read More

7 years ago

Week in review

Qatar Petroleum’s (QP) decision to lift the self-imposed moratorium on the development of the North Field dominated the oil and… Read More

7 years ago

Oil rises on Syria strike

Brent crude futures briefly hit a one-month intraday record of USD 56.08 per barrel on Friday, propelled by geopolitical instability… Read More

7 years ago

Amec Foster Wheeler bags BP deal

Amec Foster Wheeler on Friday secured a three-year global framework contract with BP for engineering, procurement support and project management… Read More

7 years ago

PetroChina sees profits narrow

PetroChina on Friday made public its financial forecast for the first-quarter, indicating earnings in the range of USD 725-870 million. Read More

7 years ago

Norwegian oil fund hits growth target

The Norwegian central bank announced on Friday that for the first time since the inception of the country’s sovereign oil… Read More

7 years ago

BW Offshore teams up with Chinese entity

Floating production services provider BW Offshore on Friday secured a co-operation agreement with an Industrial and Commercial Bank of China… Read More

7 years ago

MENA nations to set up power market

Fourteen MENA countries on Thursday agreed to work towards setting up an Arab Common Market for Electricity, the Saudi Press… Read More

7 years ago

Oil exporters to feel more pain: Fitch

Oil prices will average USD 52.50 per barrel this year, ratings agency Fitch projected on Wednesday, signalling continued pressure on… Read More

7 years ago

Shell sells New Zealand asset

Royal Dutch Shell said on Thursday it would sell its 50% share in the Kapuni gasfield in New Zealand to… Read More

7 years ago

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