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New Bahrain plan to recover untapped oil

Bahrain is considering the launch of a pilot project to recover a huge untapped resource in the residual oil saturation in the...

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Iraq’s energy projects top $90bn

Iraq remains the Gulf’s third-largest project market with $358 billion in active infrastructure projects, out of which more than $90 billion are in the gas, oil, and...

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SEC refinances $1bn loan for gas plant

State-run utility Saudi Electricity Company (SEC) and its partners in a gas-fired power plant in Saudi Arabia have refinanced a...

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Aramco to double gas production

Saudi Aramco plans to nearly double its gas production to 23 billion standard cubic ft per day (bscfd) in the next decade, its chief executive said. "The kingdom has...

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In Brief

Mumtalakat buys stake in Gulf Cryo MANAMA: Bahrain Mumtalakat Holding Company, the kingdom’s sovereign wealth fund, has acquired a  minority equity...