Oil & Energy
November 20, 2013
Qatar, which enjoys the “highest” sovereign ratings in the Middle East and “sound” external position, has the lowest break-even oil price in the Gulf region, according to global credit rating agency Moody’s.
Saudi Arabia met with UN representatives at this year's climate change conference to share best practices its green energy programs.
Kuwait is pumping billions of dollars into projects to expand its oil production capacity to four million barrels per day from three mbpd within a strategy to maintain its position as one of the world’s largest crude exporters, a Kuwaiti official has said.
November 19, 2013
Oman Oil Marketing Company has signed a bunkering license and land lease agreement with Port of Duqm Company (PDC) to develop a bunkering terminal and ancillary facilities at the Port of Duqm.
Qatar is set to step up its chemicals, petrochemicals and LPG output in the coming years, said HE the Minister for Energy and Industry, Dr Mohamed bin Saleh al-Sada.
Dubai Investments (DI), the largest investment company listed on the Dubai Financial Market (DFM), on Monday announced the launch of the first-of-its-kind, colored solar glass, which is capable of generating energy on its own.
November 18, 2013
His Excellency Adel Khalifa Al Shaer, the acting general manager at Emirates General Petroleum Corporation “Emarat” made a visit with a delegation from Emarat to Bahrain Petroleum Company “Bapco”.
November 17, 2013
KIPCO, the Kuwait Projects Company, has announced its Platinum Sponsorship of the 30th Conference of the National Union of Kuwaiti Students, USA Branch (NUKS-USA).
ENOC Aviation will highlight its growing competencies globally in the supply of high quality jet fuel that meets industry specifications and as per agreed time schedules, at the upcoming Dubai Airshow 2013.
November 14, 2013
The photovoltaics and solar thermal power plants market in the Mena region’s solar energy sector is expected to reach 3.5 gigawatts by 2015
November 13, 2013
OCTAL has recently introduced an Organizational Development Manager (ODM) position at the company’s PET Complex in Salalah to oversee the advancement of Omani employees.
The Organization of Petroleum Exporting Countries (OPEC) has increased its 2013 forecast for oil demand growth based on " expectations of better-than-expected improvement" within developed country economies
Total SA, Europe’s biggest oil refiner, will resume business with Iran if diplomatic talks lead to the removal of sanctions, Chief Executive Officer Christophe de Margerie said at a conference in Abu Dhabi.
November 12, 2013
The International Monetary Fund released a report Tuesday that states that energy exporting states in the Arab world are "not saving enough of their oil windfall" and may collectively face a fiscal deficit by 2016 if current policies do not change.
Driving national efforts to reduce road accidents, Oman Oil Marketing Company (omanoil) is sponsoring Traffic Safety Expo 2013 for the 4th consecutive year.