Oil & Energy
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The UAE’s May oil output rose 1.1 per cent over April to 2.73 million barrels per day (bpd), latest data from the Paris-based International Energy Agency (IEA) showed.
OCTAL, the world’s largest producer of PET resin and sheet on a single site, recently held two on-site blood donation drives at the company headquarters.
Emirates National Oil Company has attained several impressive milestones in customer satisfaction, promoting Emiratisation, enhancing operational efficiency and driving business diversification.
EQUATE Petrochemical Company has earned “The Best Contribution for Corporate Social Responsibility” award during the “Middle East Awards 2013” by the Chartered Institute of Purchasing & Supply.
Emirates Environmental Group honored Emirates General Petroleum Corporation "Emarat" for its continuous support of the group's programs and activities.
An expert here believes that the Kingdom is likely to spend all its oil on electricity in the country by 2031 if current consumption continues, and has called for an urgent program to harness solar energy.
June 13, 2013
Emirates National Oil Company is celebrating the first event in the three-month long calendar of events with a festive array of prizes for customers during Dubai Summer Surprises to be held until July 7, 2013.
Masdar Institute of Science and Technology announced that three students have successfully completed a semiconductor chip design using GLOBALFOUNDRIES 65nm process.
The GCC is on the threshold of a major power revolution, with investments in the sector estimated at $250 billion in the next five years, according to a new study.
June 12, 2013
Sudan's currency has fallen close to a record low against the dollar on the black market since Khartoum threatened to halt cross-border oil flows with South Sudan as import firms fear a dollar scarcity will worsen, dealers said.
June 11, 2013
Qatari investors have increased their stake in Total to 4.8 percent, said news website Wansquare on Monday. According to the news website, investors from Qatar have increased their participation in the past year and notably in recent weeks.
June 10, 2013
An Egyptian delegation arrived in Doha yesterday to secure a natural gas deal, as Egypt continues to suffer from fuel bottlenecks leading to frequent power cuts.
Emirates National Oil Company hosted a delegation of students and faculty members from the University of San Francisco, who visited the company as part of their Global Immersions educational visit.
Russia’s Rosneft is under no pressure to sell assets to fund debt repayments and will decide how to streamline its business once cost savings from a takeover of rival TNK-BP become clear, its finance chief said.
June 9, 2013
A project that aims to nearly double the amount of power produced in Bahrain to help meet its future water and electricity demands is gathering pace.
