Oil & Energy
September 25, 2013
EQUATE Petrochemical Company was recognized with Arabian Business Corporate Social Responsibility (CSR) Achievement Award 2013 for the third consecutive year in terms of Kuwaiti organizations.
The US shale boom is raising the prospect of energy independence in the world's biggest oil consumer.
Dubai Electricity and Water Authority has been bestowed with top honours at the annual Gulf Business Industry Awards 2013.
September 24, 2013
ENOC to uphold the highest standards of business ethics and compliance across all its operations, the company has introduced its Code of Business Conduct to three more Group entities.
September 23, 2013
Iraq is exporting black oil to Russia through the Iranian port of Anzali in the Caspian Sea, Gilan Province Port Management Head Farhad Montaser Kuhsari said today.
September 22, 2013
Royal Dutch Shell has restarted production at Iraq's Majnoon oil field, one of four giant fields core to the country's plans to boost output and avoid a slowdown in exports this year.
September 19, 2013
Zarubezhneftegaz Company of Russia has announced readiness to develop a newly discovered gas field in Iran.
Saudi Arabia and Bahrain have approved plans to lay a 350,000-barrel per day (bpd) oil pipeline between the two countries.
September 18, 2013
Iran plans to import 8-10 million liters of premium gasoline from India per day, the Fars News Agency reported on Tuesday.
Dubai Electricity and Water Authority in cooperation with Emirates Group, has organised an introductory workshop to present a number of exclusive offers by Emirates Group to DEWA’s employees.
Enclosed trough system from GlassPoint uses the sun’s energy to produce steam for thermal EOR, thereby reducing the need to burn natural gas.
September 17, 2013
A Japanese firm is set to lay down 2,000 kilometres of pipeline for oil exports from South Sudan and Uganda via Kenya.
AN overwhelming majority of 93 percent respondents rated current business conditions in Qatar's oil and gas sector as positive, and 86 percent believe that conditions will remain positive in the next 12 months.
September 15, 2013
The remarks came after two years’ of negotiations between Egypt and the IMF over a $4.8 billion loan had stalled out following the 3 July ouster of former president Mohamed Morsi.
Oil prices fell Friday as dealers monitored diplomatic efforts to get Syria to give up its chemical weapons and avert a US-led military attack that could disrupt crude supplies.