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Qatar has revived plans to build a $2 billion oil refinery in Tunisia after years of delays, Qatari and Tunisian officials said on Tuesday, potentially expanding the North African country's refining capacity more than four fold.
May 17, 2012 11:27
Abu Dhabi's International Petroleum Investment Company has signed an $850 million, three-year syndicated loan with mandated lead arrangers Barcap, BNP Paribas, Bank of America Merrill Lynch, DBS and Standard Chartered, bankers said.
March 4, 2012 10:55
Oil-producing members of the Group of 20 leading economies said on Saturday they would take measures to avoid a rise in petroleum prices from hurting the world economy, an Italian government official said.
February 26, 2012 11:30
China National Petroleum Corp (CNPC), the country's largest oil and gas producer, is planning a logistics hub in Dubai to minimise possible disruptions from geopolitical risks in the Middle East and North Africa, the China Daily reported on Tuesday.
February 21, 2012 4:37Gulf Keystone says no talks on 800p/share bid; Shares hand back some gains after jumping 24 percent; Analysts, dealers doubt bid
December 20, 2011 10:48
QP closes Barzan financing with equity, syndicated loan; Project will supply the country's domestic gas needs; First production line to become operational in 2014
December 13, 2011 3:55Qatar signed a deal with Royal Dutch Shell on Sunday to develop a $6.4 billion petrochemicals complex in the Ras Laffan industrial city in the Gulf Arab state.
December 5, 2011 10:13
Kurdistan-focused explorer Gulf Keystone Petroleum is looking to sell itself in a deal that could value it at up to 1.4 billion pounds ($2.3 billion), the Sunday Times newspaper reported, citing sources.
August 28, 2011 2:49
Something’s gotta give during this week’s OPEC meeting as GCC favours increased production even as global demand falters. Could this stalemate be causing the absence of petrol in the UAE?
June 7, 2011 3:19Arab Petroleum Investment Corp looks for opportunities in shipping, tank farms, as well as refining and related infrastructure investments as it hopes to double its direct investment portfolio by 2014.
May 9, 2011 1:48
Kurdistan continues to see investment as Gulf Keystone considers building a pipeline to commercialise its oil reserves in Iraq. The petroleum company expects profits once exports start.
April 12, 2011 12:37
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
