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12/18/2014 8:31:01 AM Switch to solar is the way forward for the UAE: paper Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM))  A UAE paper has said that diversifying energy sources in the UAE is important, both for economic and environmental reasons."This is why the government has been ...
12/18/2014 8:19:30 AM Kuwait Energy announces new oil discovery in Egypt Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait Energy Company has unveiled a new oil discovery in Egypt."I am delighted to announce this discovery at the East Ras Qattara," Sara Akbar, CEO of Kuwait ...
12/18/2014 8:14:50 AM Kurdistan oil exports to hit 800.000 bpd in 2015 MENAFN
(MENAFN) Iraq's semi-autonomous Kurdistan Regional Government said that it is planning to increase its oil exports in the coming months, with the Kurd's pipeline to Turkey possibly carrying 800.000 ...
12/18/2014 8:13:25 AM Kuwait- Gov't to go ahead with development projects despite oil price crash - Min. Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Minister of Public Works and Minister of Electricity and Water Abdulaziz Al-Ibrahim stated that the development projects would not be affected by the current oil ...
12/18/2014 6:58:33 AM US Marathon Oil cuts USD1b of 2015 budget MENAFN
(MENAFN) Marathon Oil Corp., an international oil and natural gas exploration and production firm, will cut more than USD1 billion from its 2015 budget amid falling crude prices, Xinhua reported.The ...
12/18/2014 6:49:27 AM Oil price plunge forces Nigeria to slash 2015 growth forecast Saudi Press Agency
(MENAFN - Saudi Press Agency)  Nigeria has slashed its forecast for economic growth in 2015 due to the plunge in global oil prices, the finance minister's budget presented to parliament on Wednesday ...
12/18/2014 6:48:14 AM Rebound in energy stocks and ECB aid prospect lifts European shares Saudi Press Agency
(MENAFN - Saudi Press Agency)  European equities staged a late recovery on Wednesday, as a rebound in energy stocks and new signs of economic stimulus measures from the European Central Bank lifted ...
12/18/2014 6:44:59 AM Kuwait crude oil price down to USD 53.91 pb Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Price of Kuwait crude oil per barrel dropped by USD 0.18 to stand at USD 53.91 pb in Wednesday's trading compared to USD 54.09 pb on Tuesday, Kuwait Petroleum ...
12/18/2014 6:36:47 AM US Consumer Prices Fall on Lower Gasoline Costs Saudi Press Agency
(MENAFN - Saudi Press Agency)  U.S. consumer prices recorded their biggest decline in almost six years in November as gasoline costs plunged, the government reported Wednesday.The Labor Department ...
12/18/2014 6:26:14 AM Egypt- Negotiations to resume with Russia to provide natural gas via Gazprom: Deputy Russian PM Daily News Egypt
(MENAFN - Daily News Egypt) Negotiations to import Russian gas via state-owned Russian company Gazprom will resume early next year, according to Arkady Dvorkovich, Russia's Deputy Prime Minister.The ...
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