Russia's oil production hits record 10.7m bpdRussian oil and gas condensate production, among the world's largest, remained at a post-Soviet record level of 10.71 million barrels per day (bpd) in April, underpinned by a recent recovery in oil prices, Energy Ministry data showed. More… |
Bahrain sets up centres to tackle blackoutsEmergency centres to cope with electricity blackouts are being set up in every Bahrain governorate, with the first set for a launch this week in Muharraq to deal with faults and speed up maintenance work. The Energy Ministry has also incre More… |
Iran ministry plans $1bn bond issueIran's energy minister aims to issue $1 billion of dollar denominated bonds, the students news agency Isna reported on Saturday. 'We are preparing to issue $1 billion of bonds to develop electricity and water projects,' Majid N More… |