Oil & Energy
April 13, 2014
OCTAL, one of the world’s largest PET producers and a global leader in the packaging industry, has surpassed the US$ 3 billion dollar mark in sales, a record in the company’s six-year history.
Emirates National Oil Company (ENOC) is hosting the 22nd annual Middle East Petroleum & Gas Conference (MPGC), the anchor event of the Middle East Petroleum & Gas Week.
April 10, 2014
Emirates National Oil Company (ENOC) has underlined its commitment to Corporate Social Responsibility (CSR) by winning the CSR Label Award 2014 presented by the Dubai Chamber of Commerce & Industry.
Two Swiss adventurers plan to start and end their historic round-the-world flight in a solar aircraft from the UAE.
April 9, 2014
Alstom, a global leader in power generation, has secured a contract worth nearly 400 million euros ($549 million) from Eni Iraq BV to build a 740 MW1 Zubair gas-fired power plant, near Basra in southern Iraq.
Senior envoys from Iran and six world powers met for a new round of negotiations on Tuesday, in an effort to reach a broad agreement on scaling back Iran’s nuclear programme and lifting sanctions by July.
April 8, 2014
Iran and Russia emphasized finalizing energy agreements between the two sides.
EQUATE Petrochemical Company has continued its cooperation with Kuwait Blind Association (KBA).
Two other oil terminals, Ras Lanuf and Sidra, would be returned to government control in two to four weeks.
April 7, 2014
Iran’s oil minister has said Iran would exploit ‘every possibility’ to increase oil exports and would not wait for US permission.
Oman Oil Company (OOC) organised the first annual OOC Enterprise Risk Management (ERM) seminar to further support implementation of its (ERM) programme.
Oman Gas Company (OGC) on Sunday signed a memorandum of understanding (MoU) with both Salalah Free Zone (SFZ) and Port of Salalah (POS) for building a world class liquefied petroleum gas (LPG) processing plant at SFZ and the storages and export facilities at the port.
The value of gold traded through Dubai stood at $75 billion last year, representing 40 per cent of the world’s physical gold trade.
Sawiris then retweeted a post saying: "Like father like son… He pretends to be a socialist after the first 50 million," a clear reference to Heikal, who is widely believed to be living in London.
April 3, 2014
The Abu Dhabi City Municipality’s initiative to replace the old lighting systems in six pedestrian underpasses with modern LED lights has helped reduce their power consumption by 33 per cent.