Oil & Energy

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Reorganizing the shipments thanks to delayed efforts to secure a terminal will add to headaches.
Egypt has missed a window to avert gas shortages this year as plans to secure a floating import terminal from a Norwegian firm hit snags.

October 10, 2013

On completion, the park will comprise a research and development centre, an educational institute, a museum of technology, exhibitions to help students in training.
13:19 GMT

The completed first phase of Dubai’s Dh12 billion Mohammed bin Rashid Al Maktoum Solar Park will be launched on October 22, the chief of the emirate’s utility company announced on Thursday.

London Array Turbines
10:33 GMT
(press release)

Masdar Energy UK, a wholly owned subsidiary of Masdar, announced the completion of a 12 year limited-recourse project financing of up to £266 million for its stake in phase one of London Array.

06:03 GMT
(press release)

The Centre for Assessment and Development of Human Resources, a pioneering initiative launched by Dubai Electricity and Water Authority in 2011 has evaluated over 890 candidates since its launch.

ENOC Lubricants at ME Base Oil Conference
05:42 GMT
(press release)

ENOC Lubricants, the lubricants business division of ENOC, highlighted its diverse product range and the contribution of the ELOMP in Fujairah to the regional lubricants business.

October 8, 2013

Oman Oil Marketing Company
12:05 GMT
(press release)

Clinching six awards at this year’s BIZZ Arabic Awards, Oman Oil Marketing Company gained international recognition for business excellence from the World Confederation of Business.

Abu Dhabi is an oil-led economy and expected it to stay that way
09:54 GMT

The share of oil and natural gas in Abu Dhabi’s gross domestic product (GDP) fell to 56.1 per cent last year, from 58.1 per cent in 2011.

October 7, 2013

Abdulla Hassan Al Noman, Manager, Retail Sales Operations at Emarat
06:35 GMT

Emara” has launched a new promotional offer, giving its customers a chance to get a discount of AED 20 on the steam Wash for their vehicles, at any service station that provides this service.

October 6, 2013

President Mansour also stated that the government would resume the Suez Canal development plant, planned under ousted-Islamist president Mohamed Morsi and known as Egypt's Suez Canal Corridor (SCC).
11:16 GMT

In his speech to commemorate the 40th anniversary of 1973 war against Israel, President Mansour said that Egypt plans to launch a nuclear power project for peaceful purposes to help fill an energy gap

Octal DPET trays
10:06 GMT
(press release)

OCTAL, the world’s leading clear rigid food packaging material supplier, is set to supply Saudi Arabian dairy foods giant, Almarai, with high definition DPET/PE trays for its poultry product line, Alyoum.

During the meeting
08:13 GMT

Mr. Abdulrahman Qasim Al Ali, Commercial Sales Manager at Emirates General Petroleum Corporation met with Mr. Richard Grist, Base stocks Territory Manager, Central/Southern Africa & Middle East of M/s. ExxonMobil.

October 3, 2013

 France has been the first country to sign government to government agreement on nuclear and energy with Saudi Arabia.
13:08 GMT

France is ready to be Saudi Arabia's strategic partner in the field of nuclear and renewable energy.

"As it is, 80 percent of energy subsidies do not benefit those in need," explained Galal, who stressed that the amount was "double the spending on education and four times the spending on health."
11:54 GMT

Egyptian government plans to cut spending on energy subsidies by diversifying its sources of energy to ease pressure on subsidised fuels.

Emarat’s booth at the Exhibition
07:13 GMT

Emirates General Petroleum Corporation “Emarat” presented its strategy for promoting its trademarks during its participation in the “Emirates Franchise” exhibition.

Omanoil booth at INFRA 2013
05:53 GMT
(press release)

Oman Oil Marketing Company sponsored the International Exhibition for Infrastructure and Industrial Projects and showcased the company’s stronghold of offering turnkey solutions for fuel supply and management.

October 2, 2013

"I do not think that with this quantity OPEC is in trouble," Badri said.
15:43 GMT

"But I don't think that this has either the resource base or the economics to replace Middle East oil," he added. The IEA advises industrialized countries on energy policy.