Saudi commissions world's biggest desalination plant

Saudi commissions world's biggest desalination plant

$7.2bn project has daily production capacity of 1.025m cubic metres of desalinated water and 2,600 MW of electricity

Kenya seeks Qatar natural gas for power station project

Kenya seeks Qatar natural gas for power station project

African country says will negotiate imports from Qatar Gas for Mombasa power station

Gulf consortium agrees $500m deal to buy Dubai oil services firm

Gulf consortium agrees $500m deal to buy Dubai oil services firm

Gulf-based investors expect to close transaction to buy Natioinal Petroleum Services during Q2

Chemical industry to overtake oil, gas: report

Chemical industry to overtake oil, gas: report

IHS says Middle East chemical industry is at brink of 'second generation', with 'significantly different' investments

Kuwait Oil Company reports $4bn profit

Kuwait Oil Company reports $4bn profit

State-owned firm says it plans to increase crude oil production, increase exploration

UAE launches first nuclear simulators

UAE launches first nuclear simulators

The two state-of-the-art facilities are identical to the four nuclear plants the UAE expects to open in 2017-2020

Saudi SABIC Q1 profit falls 1.8% on product prices

Saudi SABIC Q1 profit falls 1.8% on product prices

Petrochemicals giant says natural gas shortage has made it hard to grow in KSA

Qatar Shell backs bigger role for SMEs

Qatar Shell backs bigger role for SMEs

The oil giant says it could boost the supply chain and improve the economy by reducing the number of imports

Kuwait preparing guidelines for fuel subsidy changes

Kuwait preparing guidelines for fuel subsidy changes

The oil-rich Gulf state has been mulling the idea of scrapping a host of expat subsidies, including electricity and water

Abu Dhabi's TAQA signs Yen loan to help repay upcoming debt

Abu Dhabi's TAQA signs Yen loan to help repay upcoming debt

Funds to be used to refinance a portion of a $1.2bn bond due to mature in September


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