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Qatar Petroleum lifts gas moratorium from North Field

  DOHA / Reuters Qatar has lifted a self-imposed moratorium on development of the world’s biggest natural gas field after more than a decade, the chief executive of state energy company Qatar Petroleum said on Monday. The giant Gulf gas field, which Doha calls the North Field and Iran calls South Pars, accounts for nearly all of Qatar’s gas production ...

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Kuwait to import fuel oil in 2018

  Reuters Kuwait is set to import fuel oil to use mainly in power generation for about a year following the start-up of the Clean Fuel project by 2018, the chief executive of state refiner Kuwait National Petroleum Co (KNPC) said. Fuel oil to meet the requirements of the Ministry of Electricity and Water is currently being produced from the ...

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Iceland’s currency speculation opens rift in ruling coalition

  Bloomberg As they search for a permanent exchange-rate framework, Iceland’s policy makers are finding they may disagree on some pretty fundamental issues. Power politics in the 340,000-people nation are being laid bare, as the nation’s prime minister, who heads the establishment Independence Party, and its finance minister, a former publishing executive who leads the newly created Reform Party, are ...

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