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| AME Info News - Energy, Oil and Gas |
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| Ultimele Titluri |
AME Info News - Energy, Oil and Gas
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Egypt, Iran, Iraq offer highest oil salaries in Middle East, says report
Thu, 09 Feb 2012 15:08:39 +0400
A new salary report that compares average oil and gas salaries by country has listed Egypt, Iraq and Iran as the top payers in the Mena region. [AMEInfo.com]
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Saudi pumped almost 10m bpd in January
Thu, 09 Feb 2012 10:01:38 +0400
Saudi Arabia has produced some 9.87 million barrels per day (bpd) of oil in January, up by around 70,000 bpd from December's daily average, Reuters has reported, citing an industry source familiar with the matter. "Demand continues to remain strong from Asia," said the source. In December, Saudi Arabia produced around 9.8 million bpd, of which around 7.5 million was exported. [AMEInfo.com]
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Qatar Electricity and Water buys stake in Jordan power plant
Thu, 09 Feb 2012 10:01:08 +0400
Qatar Electricity and Water Co (QEWC) has acquired a 23.3% stake in Jordan's Amman East power plant from Bahrain's IDB Infrastructure Fund, in a move by the state-owned Qatari firm to expand its international footprint, Reuters has reported. As part of the deal, QEWC will buy IDB's 38.9% interest in AES Oasis, the 60% owner of the holding company for AES Jordan, QEWC said. No deal value was disclosed for the transaction, which is expected to close in the first-quarter of 2012. The Amman East power plant has an installed capacity of 370 megawatts. [AMEInfo.com]
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China pressures Iran, boosts Saudi and Russian oil imports
Thu, 09 Feb 2012 10:00:09 +0400
China is seeking alternative oil supplies to offset a decline in its imports from Iran, as it negotiates lower prices from Tehran, and has been drawing heavily on Saudi Arabia, Reuters has reported, citing industry sources. Beijing had bought the bulk of an increase in crude oil supplies from top oil exporter Saudi Arabia in the last few months, the sources said. "On average, Saudi exports went up by 200,000 barrels per day and this went to the East, overwhelmingly to China," said one of the sources, a senior executive with the trading arm of a US oil company. [AMEInfo.com]
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Saudi solar deal signed with German partner
Wed, 08 Feb 2012 09:45:28 +0400
Saudi-based IDEA Polysilicon Co has selected Germany's Centrotherm Photovoltaic to help build a polysilicon plant in Saudi Arabia, Reuters has reported. The Saudi firm a new company set up by investors in the Gulf to produce the key solar power panel making material, did not disclose the value of the contract for Centrotherm to provide know-how and engineering for the plant in Yanbu. The project, which is expected to cost over SR4bn ($1bn), could produce up to 10,000 tonnes per year of polysilicon, IDEA said. [AMEInfo.com]
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