Oil & Energy
December 19, 2013
Emirates General Petroleum Corporation “Emarat” was honored by the General Headquarters of Ras Al Khaimah Police.
Jadwa said: “In all thus, we doubt that tight oil production will significantly impact the world’s oil industry over the long term. In particular, we do not see it affecting Saudi Arabia’s situation.”
December 18, 2013
Oman Oil Company (OOC) joined Oman Society of Petroleum Services (OPAL) in congratulating 47 graduates who successfully completed the ‘Training for Employment’ programme’.
December 17, 2013
OSN, the region’s leading pay-TV network, has partnered with Fight Network to launch OSN Fight Network HD, the region’s first dedicated combat sports channel.
A lack of fuel has hampered the rescue efforts in Gaza, where flooding from heavy rains has forced about 40,000 residents from their homes.
December 16, 2013
Emirates Gas, a subsidiary of the Emirates National Oil Company (ENOC), marked a milestone on November 27, the day that the nation won the bid to host the World Expo 2020.
Iran has suspended a USD 250 million loan to Pakistan to build part of a pipeline project for importing natural gas from the Islamic Republic.
HE Saeed Mohammed Al Tayer, MD and CEO of DEWA launched DEWA’s Health and Safety Week as part of DEWA’s strategy to enhance health, safety, and sustainability standards amongst all segments of society.
December 15, 2013
As per the agreement, both companies will conduct geological and geophysical studies upon which exploration wells will be proposed for drilling during the exploration period.
December 11, 2013
With rising demand for power in KSA, the Gulf country is building the largest electrical supply expansion in the Middle East.
Deutsche Bank AG reduced its crude price forecasts for 2014 by about $10 a barrel from this year on booming US production and the prospect of an easing in supply disruptions in the Middle East and North Africa.
December 10, 2013
ENOC won the ‘Best Supporting Entity to the Government Procurement Programme in the UAE’ by a semi-government entity at the eighth Mohammed Bin Rashid Award for Young Business Leaders.
The new capacity will help meet Dubai’s own target of generating half the additional power needed to run the Expo from renewable resources
December 8, 2013
Iran has named seven Western oil companies it wants back in its vast oil and gas fields if international sanctions are lifted and said it would outline investment terms in April next year.
December 5, 2013
“We have rolled it over,” Saudi Arabia’s Ali al-Naimi told reporters after three hours of closed-door talks finished in Vienna. “We are all satisfied.”