Former UK Prime Minister: Oil titans should face global climate tax

Gordon Brown has proposed a $25 billion global windfall tax to support climate initiatives in poorer countries

Siemens gives Kuwaiti gas plant ‘clean’ 263MW boost

Siemens is to boost the capacity of a power plant in Kuwait by 263MW, without using any additional gas. The company plans to expand the Az Zour South 3 open cycle gas turbine power plant and convert it to a highly efficient combined cycle system. The addition of both a high pressure turbine and a lower pressure […]

Women in Gulf nations keen on oil and gas careers

A growing number of women in the Gulf Co-operation Countries (GCC) are interested in a career in the oil and gas sector. Around 32% of them have a position within the industry but less than 1% have an executive role, according to Hosnia Hasmin, Vice President of Operations at Kuwait Foreign Petroleum Exploration Company. She added: […]

Oil-rich Kuwait left in the dark

[View the story “Oil-rich Kuwait left in the dark” on Storify]

Shell sells Australian LNG stakes for $1.1bn

Oil giant Shell is selling its interests in a Liquefied Natural Gas (LNG) project in Australia for $1.14 billion (£694m). It has agreed to sell an 8% stake in the Wheatstone-Iago joint venture along with its 6.4% interest in the Wheatstone LNG project to the Kuwait Foreign Petroleum Exploration Company (KUFPEC). Ben van Beurden, Chief […]