Oil-rich states in the Middle East are looking increasingly to Asia for funds to assist build energy infrastructure

Japanese producer was also awarded a $250m, 25-year extension of the Satah and Umm Al.

Oil proceeded for its first weekly profit this month

Oil proceeded for its first weekly profit this month as a weaker dollar boosted the.

Oman Gas Co. working with banks to raise $1bn bridge loan to purchase assets from the government

  Oman Gas Co. is reportedly working on raising a $1 billion bridge loan form.

Spanish Cepsa gets reward from ADNOC for offshore oil concession

Abu Dhabi National Oil Co. (ADNOC) on Sunday stated that it has rewarded Spanish Cepsa.

DEWA to spend $22bn of energy projects over next five years, will build region’s first hydroelectric pumped storage plant

  According to Dubai Electricity & Water Authority (DEWA) CEO Saeed Mohammed Al Tayer, DEWA.

Russia sees a major interest in Aramco IPO through Russia-China investment fund: CEO, Russian Direct Investment Fund

  Russian banks along with Chinese investment fund seem eager to invest in Saudi Aramco..

Saudi Arabia to decrease oil production in order to reduce excess oil stockpiles

Saudi Arabia plans to decrease its oil production and exports to facilitate reduction of excess.

ADNOC Distribution reports 1.3% rise in profit for 2017

Abu Dhabi National Oil Company (ADNOC)’s unaudited preliminary financial results were released recently.  Audited results.

Eni’s Zohr gas field will reach desired output by 2019, will lead Egypt to end imports

  Italy’s Eni revealed earlier that Egypt’s huge Zohr offshore gas field in the Mediterranean.

Kuwait Petroleum Corp expects to spend over $500 billion

US oil prices extended modest profits on Thursday as OPEC’s strong compliance with a supply.