The contract has been awarded to Dutco Balfour Beatty
The company’s gas reserves rose to 298.7 trillion standard cubic feet from 297.6 trillion
Six Arab countries make it to the list of top 10 countries with the cheapest fuel prices
Dana Gas declared $700m of its Islamic bonds invalid last month
Japan’s imports of Saudi crude between January and June reached 1.3 million bpd, 7.7 per cent higher than a year ago
The project is set to provide 22,000 UK homes with renewable electricity
Government officials say spending cuts will help revive the economy
OPEC and allied non-OPEC producers agreed on May 25 to extend an existing supply curb into 2018
Oil ministers from five countries plus Saudi are scheduled to meet in Russia on July 24
The price decreases reflect a dip in the international oil market
Oil prices have been lagging on the back of oversupply and slowing demand
The growing diplomatic dispute has raised concerns about global access to Qatar’s LNG
Luberef is a joint venture between state oil giant Aramco and Jadwa Industrial Investment Group
India is the latest major LNG buyer to seek concessions from Qatar
The stake was acquired by Goldilocks Investment Co, an equity fund which is part of Abu Dhabi Financial Group
Market fundamentals are going in the right direction, says Khalid al-Falih
“We have not seen and do not expect to see any disruption of gas supplies from the Dolphin pipeline,” Sharjah National Oil Corp’s CEO said
Officials based in eastern Libya have issued a flurry of statements targeting people and entities with alleged links to Qatar
The 800MW project is being financed under a sophisticated structure with seven different institutions
The consultancy contract has been awarded to France’s EDF
The Abu Dhabi port authorities had eased the restrictions just a day earlier
There are no indications the pipeline will be shut, according to reports
The bid is nearly 40 per cent lower than the previous international record
The company has been facing a cash shortage because of missed payments from its assets in Egypt and Iraq’s Kurdistan
OPEC members and other nations led by Russia agreed last week to extend a deal to limit global oil output
The IPO, which could be in 2019, could raise around SAR1bn
Amec Foster Wheeler won a contract to provide design and project management for the Marjan oilfield
The contract is for the third phase of K-Station at the Jebel Ali power station
It was the second meeting between the two men over the past year
The loan would refinance a $1bn revolving facility which is due for redemption this year