Saudi Aramco refinery operations not affected by transformer fire

The incident reportedly happened due to hot weather

Abu Dhabi’s Baron Point Petroleum signs joint venture for $150m Vietnam terminal

Phu Quoc Island will supply and store crude oil and refined petroleum products

Kuwaiti oil minister says further production cuts are possible

Ministers of OPEC and non-OPEC producers are set to meet in St Petersburg on Monday

Phase 3 of mega Dubai solar park on track for completion by 2020

The 800MW third phase of the park is being developed in three stages

Saudi Aramco considers Zuluf oilfield expansion

Zuluf is one of the largest offshore oilfields in the world

Saudi Arabia crude exports fall in May

Exports in May fell to 6.924 million barrels per day from 7.006 million bpd in April

Saudi, Russia, Qatar and Venezuela agree to freeze oil output at Jan levels

Kuwait’s oil minister says market will balance by end-March 2018

Marzouq said there was no need to deepen production cuts for now

Dubai utility DEWA awards contracts worth Dhs95m

The contracts are for the supply 1,290km of low-voltage cables for households in Dubai

Saudi launches RFQ for 400MW wind project

The RFQ period for the project closes on August 10

Saudi Aramco says first phase of energy industrial city to be complete in 2021

The city will be developed over 50-square km of land allocated for energy-related industries

Qatargas asks suppliers to set up local offices amid GCC rift

Many major suppliers of Qatargas have offices in Doha but store supplies in warehouses in Dubai’s Jebel Ali Free Zone

Goldman, JPMorgan, HSBC vie for lead roles on ADNOC retail unit IPO

The listing of ADNOC’s distribution business is planned before the end of the year

UAE’s ADNOC plans listing of retail unit at $14bn valuation – report

The retail unit includes more than 300 service stations and a network of convenience and auto products stores

Qatar says exports, including LNG, not affected by GCC dispute

Qatar’s exports to Japan, India, South Korea and China account for nearly three quarters of its total exports

Saudi Aramco to invest $300bn in oil/gas production over next decade

Aramco’s CEO said there was an “increasingly worrying” outlook for global oil supplies due to decreasing global investment linked to the current market slump

UAE’S ADNOC to list some businesses, mulling partnerships

New partnerships are expected to be announced later this year

Dubai’s DEWA awards Dhs46m contract for first phase of new HQ

The contract has been awarded to Dutco Balfour Beatty

Saudi Aramco’s oil reserves fall in 2016

The company’s gas reserves rose to 298.7 trillion standard cubic feet from 297.6 trillion

Revealed: Top 10 countries with the cheapest and most expensive fuel prices

Six Arab countries make it to the list of top 10 countries with the cheapest fuel prices

London court to hear Dana Gas sukuk case in September

Dana Gas declared $700m of its Islamic bonds invalid last month

Saudi tightens its grip on Japan, its biggest Asian oil market

Japan’s imports of Saudi crude between January and June reached 1.3 million bpd, 7.7 per cent higher than a year ago

Abu Dhabi’s Masdar says work progressing on world’s first offshore wind farm

The project is set to provide 22,000 UK homes with renewable electricity

Egypt raises fuel prices by up to 50% under IMF deal

Government officials say spending cuts will help revive the economy

UAE energy minister says no talk about further OPEC supply cuts

OPEC and allied non-OPEC producers agreed on May 25 to extend an existing supply curb into 2018

OPEC in no rush to make deeper oil output cuts

Oil ministers from five countries plus Saudi are scheduled to meet in Russia on July 24

UAE petrol prices to decrease by 5% in July

The price decreases reflect a dip in the international oil market

Oil prices rise as Iran backs output cap; UAE expects positive impact

Bahrain, Oman among most ‘vulnerable’ oil exporters – report

Oil prices have been lagging on the back of oversupply and slowing demand

Qatar’s emir meets Exxon Mobil Corp CEO

The growing diplomatic dispute has raised concerns about global access to Qatar’s LNG

Aramco Luberef eyes commercial output from expanded Yanbu facility by Q4

Luberef is a joint venture between state oil giant Aramco and Jadwa Industrial Investment Group

India asks Qatar to invest in power plants as condition for LNG deals

India is the latest major LNG buyer to seek concessions from Qatar