Saudi Electricity says will get $400m payment from Aramco

Saudi Electricity says will get $400m payment from Aramco

Gulf's largest utility firm says payment will affect cash flow and reduce consumer receivables in the third quarter

Asian, western firms bid for UAE oilfields - sources

Asian, western firms bid for UAE oilfields - sources

Final decision on the winning firms is unlikely to be made before early 2015

Saudi's power utility posts 144% jump in Q2 net profit

Saudi's power utility posts 144% jump in Q2 net profit

Saudi Electricity Co posts one-time gain to boost performance during second quarter of 2014

Saudi VIPs clock up $720m in unpaid electricity bills - report

Saudi VIPs clock up $720m in unpaid electricity bills - report

Some areas are dating back nearly 30 years, authority aims to clampdown on non-payment

SABIC chief says upbeat on future petchem prices

SABIC chief says upbeat on future petchem prices

Mohamed al-Mady says outlook for petrochemical demand over the next three years is positive

Saudi's SABIC posts 7% rise in Q2 net profit

Saudi's SABIC posts 7% rise in Q2 net profit

Petrochemical giant Saudi Basic Industries Corp cites higher production, sales volumes for rise in profit

Energy giant Shell pulls out of Qatar gas well

Energy giant Shell pulls out of Qatar gas well

Royal Dutch Shell says exploration of its natural gas well in Gulf state did not reveal commercial volumes

Mubadala unit eyes oil opportunities in Somalia

Mubadala unit eyes oil opportunities in Somalia

Abu Dhabi's Mubadala Petroleum signs cooperation agreement with Somali gov't

Iraq Kurds reject Dana Gas statement on payment rights

Iraq Kurds reject Dana Gas statement on payment rights

UAE energy firm had claimed that London tribunal had awarded it the right to receive some outstanding payments

Qatar's state-run utility posts 4.4% fall in Q2 net profit

Qatar's state-run utility posts 4.4% fall in Q2 net profit

Qatar Electricity and Water Co says it made a profit of $115m in the three months to June 30


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