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Iraq oil projects delay over spending cuts

  Reuters International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists on drastic spending cuts this year, a senior Iraqi oil official said. Oil companies helping Iraq develop its massive oil fields effectively perform a role similar to oil service firms in that they have to clear spending with ...

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Landmark upgrade for Bahrain’s power grid

  Emirates Business Siemens has been awarded a landmark contract to upgrade the Kingdom of Bahrain’s energy infrastructure with a new high-voltage power transmission network, strengthening the country’s electricity supply. The contract, awarded to Siemens by the Electricity and Water Authority (EWA) in Bahrain, was announced at an inauguration ceremony in Al Hidd in Bahrain. Siemens will introduce an upgraded ...

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Brexit campaign trail heats up for Leave, Remain camps

  Bloomberg Britons eager to find out more about the pros and cons of European Union membership have a wealth of options this weekend, with campaigners for a “Leave” vote in next month’s referendum pledging a publicity “blitz” and their opponents promising “the biggest day of cross-party campaigning in U.K. political history.” Prime Minister David Cameron, opposition Labour Party leader ...

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