Oil & Energy
July 28, 2013
Iran plays an undeniably key role in global energy security.
July 25, 2013
Egypt's state gas company EGAS has begun talks to try to raise natural gas prices and work out how industrial consumers can pay producers directly, two newspapers reported on Wednesday.
The main objective behind the plan is to reduce the export of raw petrochemical products and to create added value and new jobs.
July 24, 2013
Iran's average gasoline consumption stood at 62.7 million liters per day in the week to July 19, the IRNA News Agency reported.
Turkey intends to invest up to 2 billion lira in energy projects in the south-eastern provinces of the country in the near future.
Emirates National Oil Company brought cheer to the lives of two UAE residents, rewarding them with a Hyundai Veloster car each, as part of the ‘Stop, Shop and Zoom’ Dubai Summer Surprises promotion.
Oman Oil Marketing Company hosted its annual staff Iftar, where colleagues and families gathered to share the blessings and joys of breaking fast. Commemorating the company’s 10th anniversary.
Washington is concerned about a $14.8 billion gas deal, which was signed by Iran and Iraq on Sunday, according to which Iran will supply Iraq with natural gas for four years.
July 23, 2013
A state-owned Qatari entity has held initial talks with German utility RWE about buying its DEA oil and gas exploration and production unit.
The 42-inch 220 kilometer gas pipeline will pass through Iraq’s Mansuriyah gas field near the Iranian border
July 22, 2013
Iranian Deputy Oil Minister Javad Ouji announced Iran and Iraq will sign a gas deal on Sunday, based on which Tehran would start pumping gas to Baghdad by the next one and half month.
South Sudan plans to sell 6.4 million barrels of oil worth $300 million before shutting down its entire production by the end of July.
July 21, 2013
Emirates National Oil Company, this year, the management and staff of the organisation are taking an active part in the campaign that helps people break their Ramadan fast the healthy way.
Tehran and Baghdad are set to officially sign an agreement for Iran to supply natural gas to neighboring Iraq’s Al-Baghdad and Al-Mansouriyah power plants, an Iranian official says.
July 18, 2013
Saudi Arabia aims to become the world’s foremost market for renewable energy with an aggressive investment budget of $109 billion.