Qatar Cuts April Al-Shaheen Crude Exports On Maintenance – Sources

The number of 600,000-barrel cargoes scheduled to load in April has fallen to 13, two less than March, the sources said.

Oman May Sell Assets, Borrow Abroad If Oil Prices Drop

Oman relies on oil and gas for 87 per cent of its budget revenue.

Aluminium Bahrain Q4 Net Income Drops 74%

Aluminium Bahrain’s net income for the final three months of 2013 was 13.7 million dinars ($36.3 million).

OPEC Joins U.S. In Predicting Stronger 2014 Oil Demand

OPEC said global demand will rise by 1.09 million barrels per day this year, up about 40,000 bpd from its previous forecast.

UAE’s ENEC Gets Additional Approval For Nuclear Plants

The approval will help ensure that the units remain on schedule for commercial operations in 2019 and 2020 respectively.

ADNOC Slashes LPG Cylinder Prices In Northern Emirates

ADNOC has reduced the gas prices for the second time in two months.

REVEALED: World’s Most Powerful Arabs In Energy

Saudi Aramco CEO Khalid Al Falih tops the Gulf Business list of most powerful Arabs in Energy.

Kuwait Approves $12bn Bids For Clean Fuels Project

The Clean Fuels Project is a specification upgrade and expansion of Kuwait’s largest refineries.

Abu Dhabi’s IPIC To Triple Emirati Workforce

IPIC will recruit UAE nationals for roles across a number of its projects.

UAE-Led Group Expects To Sign $2bn India Power Deal

TAQA plans to take a majority stake in the plants while India’s IDFC Alternatives and PSP Investments will hold minority stakes.

Saudi Aramco Asks Firms To Bid Again For Jizan Power Plant

Aramco has re-tendered three of the four construction packages.

National Gas Co Confirms CEO Detained In Corruption Case

Goutam Sen is allegedly being held in detention as part of a corruption probe involving Oman’s oil industry.

Abu Dhabi’s TAQA To Build UAE Desalination Plant

Construction is expected to start in early 2015 and commercial operations in 2017.

Japan’s Tohoku Signs 15-Year LNG Deal With Qatar

Tohoku declined to provide any details on how the Qatar gas will be priced.

Oman’s National Gas CEO Held By Prosecution

The group posted sales of $90.1 million in 2012, according to its financial statements.

GCC Petrochemical Exports To Surge In 2014 – GPCA

GCC petrochemical exports are expected to rise due to the Bali Package, which aims to cut the cost of trade by 15 per cent.

Saudi Electricity Raises SAR4.5bn From Sukuk Sale

SEC said at the beginning of January that it had chosen banks to arrange the riyal-denominated transaction.

Dana Gas Reports Q4 Profit Up 12%

The company collected $134 million in Egypt last year and $69 million from Kurdistan.

GCC Can Be Melting Pot For Global Energy – CEO

Energy CEO of DNV GL says the Gulf needs to look at the cost of energy and its sustainability.

UAE Considers Importing North American Gas

Rapidly rising demand and slow production growth have made the UAE a net importer of gas over the past few years.

Two Kuwaiti Refineries Stay Below Full Output After Shutdowns

Three refineries, close together on the Gulf coast south of Manama, were shut by a power outage on Wednesday.

Kuwait’s Shuaiba Oil Refinery Still Shut After Power Cut

The Mina Abdullah and Mina Ahmadi refineries have restarted but are not expected to return to full production until Friday.

Dubai’s DEWA Opens Dhs500m Warsan Complex And Al Qusais Control Centre

The new centre will maintain the required electricity reserve for emergency cases and monitor quality indicators and network performance.

UAE Using Too Much Energy, May Increase Prices – Oil Minister

Consumption in the country is double or triple the average of the world, Suhail bin Mohamed Al Mazrouei said.

Saudi’s SABIC Expects To Enter US Shale Market This Year

SABIC CEO Mohamed al-Mady said the investment would be in downstream operations.

DEWA Plans No Bond Issues In 2014 – CEO

DEWA has a $1 billion bond maturing in April 2015.

TAQA Eyes Investments In Water Projects In MENA, India

TAQA aims to boost its water output by at least 120 million gallons per day in five years.

UAE, New Zealand Sign Agreement To Develop Renewable Projects

The UAE and New Zealand signed an agreement to fund viable renewable energy projects in Pacific Island countries.

UAE, Denmark Sign MoU To Advance Sustainability

Frederik, Crown Prince of Denmark, commended the UAE for embracing renewable energy.

UAE’s Taqa Plans $1.2bn Investment In Kurdistan Oilfield

Taqa plans to invest more than $300 million in the first phase of the project.