Oil & Energy

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Iraq announced plans for four new oil refineries, but the country has failed to attract investment from the private sector in such ventures since 2009 (Courtesy of NPR)
Iraq must reconsider its expenditure and production of various energy sources if it wants to stabilize the country's energy situation overall and save much needed resources.

October 23, 2013

Saeed Mohammed Al Tayer, MD and CEO of DEWA
12:55 GMT

A delegation from Dubai Electricity and Water Authority headed by HE Saeed Mohammed Al Tayer is visiting South Africa to discuss ways to enhance cooperation and exchange of expertise in various fields of energy.

October 21, 2013

Oil-rich Arab states Saudi Arabia and the United Arab Emirates are keen on delivering petroleum products to the Egyptian government as scheduled.
11:47 GMT

Egypt’s petroleum products supply is sufficient until the end of the current year due to Arab Gulf aid and available funds for imports, state-owned Al-Ahram daily newspaper reported Sunday.

The contract is estimated to be in the range of 100 to 250 million euros. ($136 to $342 million), said a statement from the company.
08:16 GMT

Paris-based Technip, a world leader in the energy management industry, said it has won a key engineering, procurement, installation and commissioning contract for a strategically important offshore project from Qatar Petroleum.

DEWA stand at GITEX 2013
05:32 GMT
(press release)

DEWA’s stand at GITEX 2013, is displaying its latest smart services at GITEX in the Dubai World Trade Centre as part of the ‘Smart Government’ initiative adopted by the Government of Dubai.

October 20, 2013

During the event
05:56 GMT
(press release)

Emirates Gas underlined its commitment to implementing Corporate Social Responsibility initiatives with the donation of five wheelchairs for use by the young special needs students at Rashid Paediatric Therapy Centre.

October 13, 2013

OOC & Advent Signing
07:49 GMT
(press release)

Oman Oil Company made the first investment of its kind in its portfolio by acquiring 100% of OXEA.

October 10, 2013

On completion, the park will comprise a research and development centre, an educational institute, a museum of technology, exhibitions to help students in training.
13:19 GMT

The completed first phase of Dubai’s Dh12 billion Mohammed bin Rashid Al Maktoum Solar Park will be launched on October 22, the chief of the emirate’s utility company announced on Thursday.

London Array Turbines
10:33 GMT
(press release)

Masdar Energy UK, a wholly owned subsidiary of Masdar, announced the completion of a 12 year limited-recourse project financing of up to £266 million for its stake in phase one of London Array.

06:03 GMT
(press release)

The Centre for Assessment and Development of Human Resources, a pioneering initiative launched by Dubai Electricity and Water Authority in 2011 has evaluated over 890 candidates since its launch.

ENOC Lubricants at ME Base Oil Conference
05:42 GMT
(press release)

ENOC Lubricants, the lubricants business division of ENOC, highlighted its diverse product range and the contribution of the ELOMP in Fujairah to the regional lubricants business.

October 8, 2013

Oman Oil Marketing Company
12:05 GMT
(press release)

Clinching six awards at this year’s BIZZ Arabic Awards, Oman Oil Marketing Company gained international recognition for business excellence from the World Confederation of Business.

Abu Dhabi is an oil-led economy and expected it to stay that way
09:54 GMT

The share of oil and natural gas in Abu Dhabi’s gross domestic product (GDP) fell to 56.1 per cent last year, from 58.1 per cent in 2011.

October 7, 2013

Abdulla Hassan Al Noman, Manager, Retail Sales Operations at Emarat
06:35 GMT

Emara” has launched a new promotional offer, giving its customers a chance to get a discount of AED 20 on the steam Wash for their vehicles, at any service station that provides this service.

October 6, 2013

President Mansour also stated that the government would resume the Suez Canal development plant, planned under ousted-Islamist president Mohamed Morsi and known as Egypt's Suez Canal Corridor (SCC).
11:16 GMT

In his speech to commemorate the 40th anniversary of 1973 war against Israel, President Mansour said that Egypt plans to launch a nuclear power project for peaceful purposes to help fill an energy gap

Octal DPET trays
10:06 GMT
(press release)

OCTAL, the world’s leading clear rigid food packaging material supplier, is set to supply Saudi Arabian dairy foods giant, Almarai, with high definition DPET/PE trays for its poultry product line, Alyoum.