Oil & Energy
September 7, 2014
Oman Oil Company S.A.O.C. (OOC), the Sultanate’s energy investment arm, has signed a Revolving Credit Facility (RCF) Agreement worth $1.85 billion with 16 local, regional and international banks.
Several oil companies in Iraq's Kurdistan region withdrew staff last month after Islamic State militants approached Erbil, the region's capital, threatening its vast oil infrastructure.
September 4, 2014
In August 2014 Jordan’s Energy Minister Mohammed Hamid complained that Egypt’s decision to halt its exports of natural gas to Jordan in April had exacerbated the country’s energy crisis.
September 3, 2014
Oman began importing Qatari gas in 2007, but its demand has risen rapidly since then, threatening its LNG exports and pushing Muscat back to the negotiating table with Tehran.
September 1, 2014
Oman Oil Company (OOC), the Sultanate’s energy investment arm, has partnered with Schleupen AG to provide sophisticated risk management services to its member companies.
August 31, 2014
The Algerian government announced a new five-year investment programme last week, and is aiming to spend $262 billion between 2015-2019 in an effort to diversify its economy.
Emirates National Oil Company has joined hands with governmental stakeholders to implement the UAE Federal Cabinet decision no. 37 of 2013, on making the use of the environment-friendly ‘Green Diesel’ mandatory across the UAE.
One of the UAE's biggest clean energy companies, Masdar, has developed Samoa's first wind farm on the island of Upolu.
Grant financing from UAE-Pacific Partnership Fund
August 28, 2014
Although the Kingdom has the largest oil reserves in the world and occupies the fifth place in terms of natural gas reserves, yet according to a report by oil specialist the Kingdom faces many challenges as a result of a number of different factors, including its need to meet the requirements of development.
The Lower House on Wednesday referred the draft renewable energy law to its Energy Committee giving it urgency status, after dozens of MPs took part in the “first reading” of the bill.
August 26, 2014
Abu Dhabi's Adnoc Distribution has bought 34 Emarat service stations and a fuel depot in Sharjah.
Dubai Electricity and Water Authority (DEWA) has added a bill-payment feature to its smart app on Samsung Galaxy Gear 2 watches, shortly after launching the app in the Galaxy Gear Manager.
Oman's crude oil exports to China have continued to soar amid the economic giant’s rising demand for energy and its increasing reliance on Middle Eastern oil supplies.
August 25, 2014
The UAE and India are expected to enhance their co-operation in the field of renewable energy and sustainability.