Oil & Energy
February 18, 2014
The ENEC has completed another milestone in the development of the UAE’s peaceful nuclear energy program by installing one of the largest condensers in the Middle East region for the UAE’s first nuclear energy plant.
The consumption of natural gas in the sultanate grew by 3.2 per cent in 2013, mainly on the increased use of gas in oilfields and growing demand from industrial projects.
Last week, official news agency Saba quoted unnamed judicial sources as saying the government’s Public Funds Prosecution service, had started to probe the arrangement with Total.
February 17, 2014
“The government has a long term plan which aims to generate 5500 MW through the use of traditional energy resources and 250 MW, through renewable energy, by 2027,” Oumran said.
Dubai Electricity and Water Authority (DEWA) organised its seventh mass wedding initiative with over 45 DEWA employees marrying at a ceremony.
Ghaytuh programme builds on the best international practices in entrepreneurship education with tripled participation in second edition.
Under the theme "Race Away with Harley Davidson", Emirates General Petroleum Corporation launched a new promotional campaign aiming to enhance winning opportunities for the customers at its service stations.
February 16, 2014
Egypt’s government has signed three new oil and gas exploration agreements, hoping to bring a total of $265 million worth of investments into the country’s energy sector.
Emirates National Oil Company (ENOC) hosted international students from renowned universities, for a series of educational visits recently.
South Korea's crude imports from Iran fell 51 percent in January from a month earlier.
February 13, 2014
Russia's Lukoil announced this week that it is will to return to Iran to boost its investments in the country after the U.S. lifts its sanctions against Tehran.
Lebanese net proceeds from its oil wealth may "easily" exceed $600 billion, new data shows.
Kuwait has approved bids worth a total of $12 billion for major upgrades at two oil refineries, the state-run oil company said, in a sign it is moving ahead with large infrastructure projects.
February 12, 2014
In order to diversify its energy production, the UAE has been stepping up its nuclear programme.
World oil demand will rise slightly more than expected in 2014, OPEC said on Wednesday, becoming the second major forecaster this week to predict higher fuel use as economic growth picks up in Europe and the United States.