The $2.1bn complex will serve Saudi Aramco’s Jazan refinery and terminal
Any privatisation plans in Kuwait will not include its oil production facilities
The plan will enable Gulf and foreign investors to bid for part of the offered shares
The fire broke out at the complex in the city of Bandar Mahshahr on Wednesday but caused no fatalities
Mergers and acquisitions could create a number of benefits, including increased scale for businesses
Iraq inquiry shows oil Was a major consideration for UK before war
The kingdom is currently producing more oil than ever before
The payment would be compensation for the Saudi company retaining a larger share of the nearly two decade-old JV
Oslo-based Rystad Energy estimates the US now has 264 billion barrels of recoverable oil
Minor increases to come at the pump after oil loses some momentum
SABIC had previously revealed plans for the proposed project in May
State-owned Qatar Petroleum (QP) will keep the remaining 70 per cent in the new joint venture
The third phase of Sheikh Mohammed bin Rashid al-Maktoum Solar Park will be operational by 2020
Company and its subsidiary Nawah move to Abu Dhabi’s sustainable city
The company was previously independent from Qatar’s other oil and gas firms
Brent crude futures were down by just over $2 per barrel or about 4 per cent
The cuts came as a surprise to staff, with several recently hired to develop new roles in the Middle East
The ranking assesses cities on the number of green building initiatives and their effectiveness
The licensing round for international oil companies is expected to be launched on Tuesday
Al Shaheen has three joint ventures in oilfield services
Construction of the country’s first nuclear energy plant is now more then 65 per cent complete
The expansion is expected to cost about $5bn
Ahmed Saeed al-Calily will oversee Mubadala’s energy portfolio, which includes Mubadala Petroleum and Masdar
The five-year loan will help ENOC fund new projects and expansion plans
The agency said demand growth in 2017 is likely to be flat at around 1.3 million barrels per day
Each plant will generate up to 50MW using photovoltaic technology
Iran plans to sell 600,000 to 800,000 barrels per day to European buyers
The fund said an additional substantial deficit reduction effort is required in the region
The new entity, Nawah, will operate and maintain Units 1 to 4 in Barakah
Edward LaFehrhe was the company’s highest ranking executive after the CEO position was made defunct