The Iranian government has allocated US$2.7bn to establish the Persian Gulf Star gas condensates refinery in the southern Hormozgan province, according to an Islamic Republic News Agency (IRNA) report
Dana Gas has announced the West Sama-1 and Allium-1 fields in Egypt have commenced commercial production, less than two months after initial well testing was conducted
Iran is expected to open a natural gas liquids (NGL) production plant by the end of March 2014 at the Kharg Island, located in the Gulf
Emirates Gas LLC (EMGAS), a subsidiary of Emirates National Oil Company (ENOC), has announced that it has signed a memorandum of understanding (MoU) with Dubai Municipality to use land and sewage waste to generate compressed natural gas (CNG)
Dana Gas has announced that its full-year net profit for 2012 rose 20 per cent year-on-year due primarily to higher oil prices and lower production costs
