Oil & Energy
Featured Story:
December 13, 2012
The Retail Sales Department at Emarat recently organized 3 Sport championships for the employees at its service stations.
December 12, 2012
Petrolab announced that it intends to hire Lebanese oil and gas professionals as it plans to form partnerships with companies to bid for offshore petroleum exploration and production contracts in Lebanon.
Libya is looking set for a new round of oil exploration deal, although the current target is to maintain output, which is slightly higher than expected.
December 11, 2012
Markets, are turning their eyes to Vienna where an OPEC meet is scheduled Wednesday 12 December that will addresses crude oil performance.
The Iranian Oil Ministry reportedly plans to establish a refinery near the Caspian Sea and feed it by crude oil which is derived from the sea.
December 10, 2012
Western pressure that forced foreign ship classifiers out of Iran has increased safety risks including the danger of an Iranian vessel spilling oil on another country’s coast, the chief executive of Lloyd’s Register said.
December 9, 2012
This week may not be a good one for the Organization of Petroleum Exporting Countries (OPEC). It should decide on a new secretary general to succeed Abdalla Badri.
Saudi Arabia exported nearly 2.68 billion barrels of crude oil in the past 11 months of the current year that has yielded SR 1.005 trillion, an economic expert said.
Oman Oil Marketing Company in collaboration with British Petroleum’s specialized aviation division, Air BP, delivered a highly engaging two-day training program in airfield operations to 25 personnel.
December 6, 2012
A projected $700 billion will be spent on refining infrastructure projects in the GCC region over the next few years, said an expert, adding that it was vital to design new projects to minimise maintenance costs and maximise reliability.
The United States should exempt Turkey from new sanctions it is contemplating against Iran over its disputed nuclear programme, the Turkish energy minister was quoted as saying by the local media yesterday.
December 5, 2012
Global oil supplies are comfortable, OPEC secretary general Abdullah Al-Badri said ahead of the oil exporting group’s meeting in Vienna next week.
Mr. Ibrahim Yacoob Al Tamimi, Terminals & Logistics Manager at Emarat, during a meeting held with a delegation from the Kuwait Petroleum Corporation discussed the ways to enhance cooperation ties between the two companies.
December 4, 2012
A Lebanese Member of Parliament, Mohammad Kabbani has said that economic maritime borders are not up for negotiation. The issue is contentious as the zone is reported to have large supplie of lucrative natural gas.
Petroleum Development Oman (PDO) will this year post its highest ever annual production of oil and gas, at 1.25mn barrels of oil equivalent (BOE).
