Oil & Energy
November 13, 2014
Global demand for oil from Opec next year will be far below its current output level because of the US shale boom,
November 12, 2014
EQUATE Petrochemical Company, Kuwait’s first international petrochemical joint-venture, received BGreen’s Lifetime Achievement Award 2014 for sustainability related achievements.
Abu Dhabi Marine Operating Company signed three big-scale contracts worth an estimated $3 billion for the widely anticipated Nasr Full Field Development Project.
The Islamic State of Iraq and the Levant (ISIL) may have smuggled oil into Turkey with donkeys carrying it across the border.
November 11, 2014
OPEC, which supplies about 40 percent of the world’s oil, meets Nov. 27 to debate supply.
"You need to do something about subsidies. Maybe a producing country can turn into a consumer country," Sabt said on the sidelines of an energy conference in Abu Dhabi.
Adnoc, has so far invested $70 billion to develop new oil and gas fields and to boost the current output capacity of the UAE to 3.5 million barrels per day by 2017.
"Please do not panic, things will fix itself," Al-Badri said during a panel discussion at a major energy industry conference in Abu Dhabi.
November 10, 2014
With only two weeks to a deadline for a breakthrough deal, senior envoys of Iran, the United States and European Union met in Oman on Sunday.
November 9, 2014
Dubai will remain insulated from the effects of an oil price slide as it is well diversified, while economic growth across the rest of the GCC could be affected.
Emirates National Oil Company (ENOC) is setting a milestone in its Corporate Social Responsibility (CSR) initiatives with the launch of the tenth edition of the ‘ENOC Challenge’.
The Iraqi economy is losing as much as $1.2 billion a month because of the shutdown of the oil pipeline connecting the Iraqi city of Kirkuk with the Turkish city of Ceyhan.
November 6, 2014
Projections also emphasise the continued leading role of the Middle East in international crude oil trade.
Dubai Electricity and Water Authority (DEWA) has started work on a project to increase the efficiency and reliability of water transmission networks in different parts of Dubai.
Emirates General Petroleum Corporation "Emarat" decided to boost its participation at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2014.