Oil & Energy
May 24, 2012
Dow Oil & Gas announced the launch of the NEPTUNE Advanced Subsea Flow Assurance Insulation System experienced in Africa.
Freshplus, continues the advancement of its position among other competing names with the opening of the sixth branch bearing the trademark at Dubai Media City.
May 23, 2012
Emirates Gas, a wholly-owned subsidiary of ENOC, recently conducted an LPG Safety & Awareness training programme at the National Institute for Vocational Education.
The price of 20 liters of gasoline declined by LL1,000 and that of diesel by LL 500 from last week's price.
May 22, 2012
Bahrain is currently under expansion of the refining and petrochemical industry by conducting more excavation and exploration operations.
A delegation from Abu Dhabi National Energy Company has made a formal visit to Turkey to discuss ways of developing the relationship between Abu Dhabi and Turkey and to identify investment opportunities in Turkey’s energy sector.
Fasttrack service center for the repair and maintenance of vehicles, which belongs to Emirates General Petroleum Corporation has started providing the service of vehicles' glass repair and replacement.
May 21, 2012
RAK Petroleum Public Company announced net profits of AED 81.3 million for the quarter ended 31 March 2012, continuing the Company’s profitability into the fourth consecutive year.
AutoPro, ENOC’s professional vehicle care and services unit, is showcasing its spectrum of service offerings at the tenth Automechanika Middle East.
RAK Petroleum Public Company Limited, the energy investment company, announced that it reached common ground with representatives of a Norwegian group known as the ”DNO Initiative”.
May 20, 2012
Oil prices might go as high as $160 per barrel if the European Union goes ahead with a July 1 embargo.
Masdar has won the coveted award for ‘Best Contribution to the Reputation of Procurement Profession’ at the CIPS MENA Supply Management Awards 2012.
Emirates Gas, has unveiled a series of dedicated training programmes for various stakeholders in line with its corporate social responsibility.
Bunkering is a major industry in the Red Sea and Gulf region, as international freight passes through the global shipping artery of the Suez Canal.
May 16, 2012
The UAE has won cabinet approval to join the Gas Exporting Countries Forum (GECF), an intergovernmental organization of the world's leading gas exporters.
The price of gasoline dropped sharply by LL1,100 Wednesday, marking the biggest weekly decline this year, according to the Energy and Water Ministry.
Dow Heat Transfer Fluids, a global business unit of The Dow Chemical Company, is seeking to target the growing market for solar power in the Middle East.
Emirates National Oil Company (ENOC) recently hosted its first Business Ethics Recognition Ceremony.
His Excellence Adel Khalifa AL Shaer, the Acting General Manager at Emarat, accompanied by senior officials at the Corporation, paid a field visit to Emoil Petroleum Storage, and Emdad Aviation Fuel Storage.
May 15, 2012
A surge in oil prices and massive production boosted the net foreign assets of Gulf hydrocarbon producers by a whopping $456 billion in 2011.
KSA has revised up its estimates for the amount it will invest in power projects over the next decade to more than SR400 billion.
Kuwait Energy today announced its financial and operational results for the year 2011 during its annual meeting of shareholders.
A report by the International Monetary Fund (IMF) has warned that oil prices could double over the next decade with sweeping implications for the global economy.
Oman Oil Marketing Company has signed an Aviation Fuel Agreement with Etihad Airways to become the carrier’s sole provider in the Sultanate which flies to 84 destinations across the globe.
May 14, 2012
Emirates Nuclear Energy Corporation announced the opening of the 2012 intake for the UAE Nuclear Energy Scholarship Program.
EQUATE Petrochemical Company and Schmidt + Clemens Group announced signing a strategic cooperation agreement relevant to enhance and optimize production performance of ethylene crackers.
May 10, 2012
Emarat praised the corporation’s employees at various stations in Dubai and the Northern Emirates, for their honesty and civilized behavior and dedication to their assigned duties.
May 9, 2012
Oil prices fell yesterday on fresh worries about the Eurozone debt crisis.
The price of gasoline continued falling Wednesday with the sharpest decline this year, LL1,000, while the prices of diesel and fuel oil declined by LL200 each.
May 8, 2012
Oman Oil Marketing Company hosted prominent Islamic speaker, Sheikh Suleiman Abdulaziz Al Jubailan, as part of its collaboration with Rekaaz to campaign against peer pressure.

