Oil & Energy
March 31, 2014
Despite a busy Saturday night in Dubai, the joint effort of its residents to switch off lights for 60 minutes during Earth Hour resulted in energy savings of 255,000kWh - enough energy to power 16 average homes for one year - which is 22 per cent higher than last year’s savings.
The National Center for Statistics and Information (NCSI) has said that electricity consumption in the sultanate has seen a dramatic 149.5 per cent increase.
March 30, 2014
NBK estimated the country’s trade balance will shrink further in 2014 but stated that it will still remain substantial
Dubai Electricity and Water Authority (DEWA) will hold its first Green Week event to raise awareness onthe rational consumption of electricity and water from 14-20 April.
Russia's Lukoil has started its commercial production operations near Iraq's Basra this week.
March 24, 2014
One of the oldest parks in Dubai is undergoing a transformation. Satwa Reservoir Park will become the first solar-powered park in Dubai by the end of this year.
March 23, 2014
Latest data showed that the four top importers of Iran's crude have bought over 1mln bpd of oil from the Middle-Eastern country since November, when Tehran and the world powers struck a deal
March 20, 2014
Through its Omani partnership, the Islamic Republic could ship the commodity to lucrative Far Eastern markets.
March 19, 2014
Dubai Electricity and Water Authority (DEWA) will mark Earth Hour in Dubai on 29 March 2014, at Bay Avenue Park from 8:30—9:30pm.
EQUATE Petrochemical Company sponsored the 3rd Kuwait Conference of Chemistry (KCC 2014) under the patronage of His Highness the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah.
Jordan on Tuesday signed a $24 million agreement with Arabia One for Clean Energy Investments to build a solar-run power generation plant.
Iran started its oil swap with the Caspian Sea and Central Asian states in 1997.
March 17, 2014
Dubai Electricity and Water Authority (DEWA) has honoured 20 distinguished employees in line with its commitment to recognise its workforce for outstanding service and contribution to the organisation.
Dr. Rahma bin Mohamed Al Shamsi, Retail Sales Manager at Emirates General Petroleum Corporation “Emarat”, honored one Supervisor and two employees, who were named “Supervisor and Star of the Year 2013”.
Israel was to allow the resumption of diesel deliveries into Gaza on Sunday, a day after the territory's sole power plant stopped working due to a lack of fuel, officials said.