China's top energy group and its partners Qatar Petroleum and Royal Dutch Shell agreed to push ahead with plans for a $12.6 billion refinery and petrochemical complex in east China which is likely to start before similar rival facilities.
Qatar Petroleum has completed a $10.4 billion financing of its Barzan gas project, which will produce natural gas to meet the country's rising energy needs, a company statement said on Tuesday.
The project will be funded with up
Qatar's new energy minister, who took over last month, was also appointed chairman of Qatar Petroleum, the state news agency said on Monday.
Energy Minister Mohamed Saleh Al-Sada will also be managing director at state-run Qatar Petroleum
Qatar's oil minister said on Thursday that the development of the Barzan gas field will cost $8.6 billion and will supply gas to Qatar's domestic market.
The field is expected to produce 1.4 billion cubic feet of gas a day and is a
Infrastructure for Qatar's Energy City, a $2.6 billion property development aimed at attracting international energy companies, will be completed this year, the project's chief executive officer said on Sunday.
First tenants will m
Qatar's Barwa Real Estate is in talks over the possible takeover of its Barwa City project, worth about $2 billion, by a government body, the company's general manager was quoted as saying.
The move appeared to be part of efforts by Qatar,
Qatar Petroleum and Exxon Mobil Corporation have announced the launch of operations at the Al Khaleej Gas-Phase 2 (AKG-2) project, one of the strategic development projects of the North Field.
The project, which will have 1,250 million cub
Indian engineering and construction firm Punj Lloyd Ltd said on Friday it had received a contract worth 3.9 billion rupees ($99 million) to construct a pipeline for Qatar Petroleum.
The Indian firm said in a statement the order backlog for
Qatar Petroleum (QP) is looking to raise $2.5 billion to help finance construction of the country's largest power plant, a person familiar with the matter said.
QP is looking to raise the funds by the end of March, said the person.
Industries Qatar is likely to postpone the sale of bonds to help finance a chemical plant in view of the global credit crisis, an official said.
Qatar Fertiliser (Qafco), a unit of Industries Qatar, is looking to borrow $1.2 billion to fin