Oil & Energy
January 20, 2015
Saudi Arabia can cope with low oil prices for "at least eight years", Saudi Arabia's minister of petroleum's former senior adviser has told the BBC.
Dubai Electricity and Water Authority (DEWA) has today participated in the UAE–UK Energy Group workshop, organised by Masdar at the Abu Dhabi National Exhibition Centre (ADNEC) during the World Future Energy Summit (WFES).
January 19, 2015
ENOC Retail, the retail business of Emirates National Oil Company (ENOC), has achieved several certifications in 2014 recording a milestone year that underlined its commitment to international best practices.
A Dubai-based private firm is leading a consortium in bidding to develop solar and wind power plants for Egypt as part of the country's plans to diversify its power generation mix amid its worst energy crisis in decades, the company's chairman said.
Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemicals groups, reported a 29 per cent plunge in fourth-quarter net income on Sunday.
The plant has a capacity for commercial export of 27 million cu ft per day of natural gas and 2,500 barrels per day of condensates.
January 18, 2015
Oil plunged close to six-year lows last week on oversupply worries, before staging a slight recovery as the International Energy Agency (IEA) declared there were signs that “the tide will turn”.
Dubai Electricity and Water Authority (DEWA) is participating in the World Future Energy Summit 2015, which is held in Abu Dhabi from 19- 22 January 2015.
OCTAL, has recently achieved the internationally-recognized Occupational Health and Safety Management System (OHSMS) standard certification, OHSAS 18001:2007, from Intertek.
The Gulf region is one of the world's richest areas in sunshine, but its countries are way behind others in harnessing the energy
Russian oil company Lukoil on Friday predicted that oil prices, which have more than halved since June last year, could plunge as low as $25 per barrel.
January 17, 2015
Iran, its oil exports curbed by sanctions, is lowering the crude price for this year’s budget to $40 a barrel as the energy slump affects governments and industry.
January 15, 2015
Shell, Europe's largest oil producer, and Qatar Petroleum say they are scrapping a planned petrochemicals project in the Gulf nation amid falling energy prices.
January 14, 2015
Emirates General Petroleum Corporation "Emarat" has announced a reduction in prices for liquefied petroleum gas (LPG) cylinders effective from next Saturday, 17th January 2015.
Emirates, a global connector of people and places marked a record launch of 10 new A380 routes in 2014 and today has released a ‘mash-up’ video that shows the iconic aircraft landing in 10 destinations spanning the globe.