Oil & Energy

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If realised, this would not only revive output at Idku but also mean that Israel's first LNG exports would take place from an Egyptian plant.
April 16, 2014 - 23:02 GMT
"Ultimately Egypt and Turkey need energy, and the fact that we have it is creating a regional convergence of interests," an Israeli diplomatic source told Reuters.

July 7, 2013

Photo used for illustrative purposes (Source: Wikimedia commons)
08:28 GMT

A recent Israeli discovery of a new gas field 4 kilometers away from the Lebanese coast means Israel could easily siphon off Lebanon’s gas wealth.

July 4, 2013

Saudi Arabia will present a national policy statement on renewable and nuclear power generation later this year
06:01 GMT

Saudi Arabia started a program to assess its potential for generating renewable energy, part of an effort to lure $109 billion for building a solar industry that will free up more of its crude oil for export.

Solar energy will be the main topic of discussion among industry leaders in the region at the GulfSol 2013 summit
05:55 GMT

The GCC region is well on its way to becoming one of the world’s major green energy producers, with solar energy likely to account for a large share of its power generation by 2017.

July 3, 2013

ELOMP wins award from SHELL
11:22 GMT
(press release)

The ENOC Lubricants & Grease Manufacturing Plant has been honoured by SHELL Markets Middle East Ltd. for providing excellent services towards its toll blending contract.

Photo for illustrative purposes (Source: Wikimedia)
11:06 GMT

The number one oil exporter in the world establishes 70 centers for green energy, such as solar, wind, waste-conversion, and geothermal

July 1, 2013

Saudi Arabia is the number one oil producer in the world
10:02 GMT

Still, to cope for summer heat and Ramadan traffic, Saud Arabia will have to import diesel fuel

Bahrain has a population of 1.3 million people and an economy worth $30 billion
09:31 GMT

After pro-democracy protests were crushed in 2011, and the economy plummeted thereafter, Bahrain may now be getting back on track

GECF meeting in Doha, June, 2013
08:31 GMT

The GECF members in their ministerial meeting in Moscow on Saturday unanimously voted Iran to host the third summit.

June 30, 2013

Saeed Al Tayer MD &CEO Of Dewa
12:01 GMT
(press release)

DEWA has launched a new water pipeline project in the Palm Jumeirah, in line with its strategy to enhance its infrastructure and meet growing demand for its services across Dubai.

Mohammad Al-Howqal, Chief Operations Officer of Kuwait Energy
09:25 GMT
(press release)

Kuwait Energy with their main partner the Egyptian General Petroleum Corporation announced a production increase at its East Ras Qattara, ERQ, Concession, Egypt, in which the Company holds a 49.5% interest.

Recognizing the Ambassador
06:16 GMT

EQUATE Petrochemical Company hosted a visit by His Excellency the Ambassador of the Kingdom of the Netherlands to the State of Kuwait Nicolaas Beets.

June 26, 2013

S2 is 54 percent owned by Abu Dhabi National Energy Co (TAQA)
10:59 GMT

Abu Dhabi's Shuweihat 2 (S2) power plant has mandated six banks to help arrange a potential bond issue, lead arrangers said on Tuesday.

Saquella Espresso Club in Dubai Mall
10:39 GMT
(press release)

ENOC Retail has opened the fifth outlet of the Saquella Espresso Club at The Dubai Mall, the world’s largest shopping and entertainment destination.

Omanoil Filling Station, 15 Years without LTI at Lubricants Stores Yard
09:04 GMT
(press release)

Oman Oil Marketing Company (omanoil) is celebrating a milestone of 15 years without Lost Time Injury (LTI) at its Lubricants Stores Yard in Mina Al Fahal.

June 25, 2013

Saeed Al Tayer, MD &CEO Of Dewa
12:04 GMT
(press release)

Dubai Electricity and Water Authority has announced that its new AED360 million water pipeline project is progressing as per schedule.