Companies have been given a September deadline to express interest
The clean-up of the shores affected by the spill will take one week
Construction of the four units is now more than 82 per cent complete
The agency raised its 2017 demand growth forecast to 1.5 million barrels per day
OPEC’s report said demand will rise to 32.42 million bpd of its crude next year, up 220,000 bpd from the previous forecast
Jabar al-Luaibi will meet his counterpart Khalid al-Falih to discuss oil market developments
The cuts come as Saudi complies with the oil producers’ deal to cut output
The transformers will help expand the city’s power network
The loan, with a three-year maturity, will be provided by a group of seven banks
The case was filed with the London Court of International Arbitration in 2013
Brent crude oil prices averaged $51.71 a barrel in the first half of 2017
The proposal would see Aramco pay higher royalties if oil prices rise
Fuel prices saw consecutive cuts in June and July
The IPO is expected to be the world’s biggest and is targeted to raise $100bn
Aramco plans to nearly double its gas production to 23 billion standard cubic feet per day over the next decade
The UAE halted condensate imports from Qatar in June
Weaker compliance with cuts by some OPEC members and a rise in OPEC exports are softening prices, says minister
The loan is expected to be in a range of $4bn to $5bn, a source said
The incident reportedly happened due to hot weather
Phu Quoc Island will supply and store crude oil and refined petroleum products
Ministers of OPEC and non-OPEC producers are set to meet in St Petersburg on Monday
The 800MW third phase of the park is being developed in three stages
Zuluf is one of the largest offshore oilfields in the world
Exports in May fell to 6.924 million barrels per day from 7.006 million bpd in April
Marzouq said there was no need to deepen production cuts for now
The contracts are for the supply 1,290km of low-voltage cables for households in Dubai
The RFQ period for the project closes on August 10
The city will be developed over 50-square km of land allocated for energy-related industries
Many major suppliers of Qatargas have offices in Doha but store supplies in warehouses in Dubai’s Jebel Ali Free Zone
The listing of ADNOC’s distribution business is planned before the end of the year