Oil & Energy
September 19, 2013
Zarubezhneftegaz Company of Russia has announced readiness to develop a newly discovered gas field in Iran.
Saudi Arabia and Bahrain have approved plans to lay a 350,000-barrel per day (bpd) oil pipeline between the two countries.
September 18, 2013
Iran plans to import 8-10 million liters of premium gasoline from India per day, the Fars News Agency reported on Tuesday.
Dubai Electricity and Water Authority in cooperation with Emirates Group, has organised an introductory workshop to present a number of exclusive offers by Emirates Group to DEWA’s employees.
Enclosed trough system from GlassPoint uses the sun’s energy to produce steam for thermal EOR, thereby reducing the need to burn natural gas.
September 17, 2013
A Japanese firm is set to lay down 2,000 kilometres of pipeline for oil exports from South Sudan and Uganda via Kenya.
AN overwhelming majority of 93 percent respondents rated current business conditions in Qatar's oil and gas sector as positive, and 86 percent believe that conditions will remain positive in the next 12 months.
September 15, 2013
The remarks came after two years’ of negotiations between Egypt and the IMF over a $4.8 billion loan had stalled out following the 3 July ouster of former president Mohamed Morsi.
Oil prices fell Friday as dealers monitored diplomatic efforts to get Syria to give up its chemical weapons and avert a US-led military attack that could disrupt crude supplies.
Emirates Gas, a subsidiary of the Emirates National Oil Company, has launched “Emirates Gas” App, a new application for smartphones, exclusively for its customers and the society at large in the UAE.
September 12, 2013
An industry source who declined to be identified told The Daily Star that one major producer of tissue paper recently relocated a production line to Egypt, in a move that reduced electricity costs by up to $500,000 a year
September 9, 2013
Supply outages from Libya and concerns the escalating situation in Syria could spill into other Middle East countries has pushed up prices for international benchmark Brent by nearly $8 this month to over $115 a barrel.
Oman Oil Marketing Company’s Joint Venture Mina Al Fahal Distribution Terminal with Al Maha Petroleum has achieved a milestone of 21 years of safe operations without Lost Time Injury.
September 5, 2013
The Libyan government said strikes at its oil fields and export terminals were pushing production levels back toward lows witnessed during the civil war.
Dubai Electricity and Water Authority received a delegation from Ajman Free Zone Authority to further strengthen collaboration between the two parties.