US-based Dow Chemical Company has been awarded US$2.16 billion in compensation from Kuwait by an international arbitration for the cancelling of a planned joint venture in 2008

The Middle East can expect an investment of around US$530 billion in the energy industries between 2012 and 2015, of which 60 per cent will be concentrated on the GCC countries, according to Bahrains energy minister

Iraq has warned the semi-autonomous region of Kurdistan that its oil export deals with Turkey must have Baghdads approval

UAE-based energy investment company RAK Petroleum has posted a net profit of AED 81.3 million (US$22.1 million) for the first quarter of 2012

Norway-based Aker Solutions has announced that it will acquire NPS Energy from Dubais National Petroleum Services