Oil & Energy
March 6, 2014
The effects on the economies of Gulf Cooperation Council (GCC) countries would be negative to neutral under an adverse scenario in which oil prices decline to $90 per barrel (pb) by 2020
March 5, 2014
UAE-based Bee'ah introduced the region's first solar-powered water surface cleaning boats in Sharjah.
March 4, 2014
Emirates National Oil Company (ENOC) will introduce fuel self-service to 20 more service stations from March 5, 2014.
Dubai Electricity and Water Authority (DEWA) has launched a PR and social media campaign to rename its electricity and water cartoon characters.
Iranian Foreign Minister Mohammad Javad Zarif says a final settlement to the decade-old dispute over Iran's nuclear energy program would be possible within the next five months.
March 3, 2014
Ukrainian Prime Minister Arseny Yatseniuk said Moscow's move to use military force was a "declaration of war" by Russia, one of the world's biggest oil producers.
HE Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy and MD & CEO of DEWA received Alun Davies AM, Minister for Natural Resources and Food of the Welsh cabinet.
The increase is likely to restore some confidence in Iraq's oil revival, which got under way in 2010 after decades of sanctions and war, but slowed last year due to technical and security problems.
March 2, 2014
China-based company Trina Solar recently signed an agreement with Amman-based companies to build rooftop solar power plants.
Energy-deficient India discussed the possibility of reviving a project for a deep sea pipeline connecting Oman and Iran to India.
Dana Gas, the Middle East’s leading regional private sector natural gas company, plans to conduct a major maintenance and tie-in work program in the El Wastani Plant.
EQUATE Petrochemical Company announced realizing a net profit of USD 1.245 billion for the fiscal year ending 31 December 2013, with a 14% increase in comparison with USD 1.09 achieved in 2012.
The light tight oil revolution in the United States is changing the geographical map of oil trade.
February 28, 2014
“It is one of the biggest wind farm projects in the world,” the utility said in a statement.
February 27, 2014
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), received at his office Robert Waller, US Consul General to Dubai.