Oil & Energy
October 29, 2014
Emirates National Oil Company (ENOC) organised a breast cancer awareness day on the 29th of October in partnership with Pink Caravan.
October 28, 2014
US oil prices tumbled to a 28-month low below $80 per barrel on Monday after Goldman Sachs slashed its price forecasts.
Cylingas, a subsidiary of Emirates National Oil Company (ENOC), records 1.2 Million Safe Man Hours without Lost Time Incident, on various phases of ENOC Lubricants and Grease Manufacturing Plant (ELOMP) in Fujairah.
RAK Petroleum PCL, the UAE oil and gas investment company, today announced that it is proceeding with plans for an initial public offering and application for listing in Norway.
October 27, 2014
Iraq's oil exports from its southern terminals are holding close to a record high in October and Kurdish shipments are climbing,
Gulf states, which have based their budgets on an oil price of $80 a barrel or less, are likely to remain relatively sanguine about current oil market conditions.
October 26, 2014
The recent decline in global oil prices will prove temporary even if it lasts a year or so,the chief executive of Saudi Basic Industries Corp said on Sunday.
The dip in supply comes when some in OPEC have called on its biggest producer to cut back output to support oil prices.
October 23, 2014
Iran’s dependence on oil revenue is putting the Islamic Republic’s economy at the mercy of major powers,
October 22, 2014
Kuwait Energy and their main partner, the Egyptian General Petroleum Corporation,announces that the operated exploration well ASA-1 st3 on the Abu Sennan license, onshore Egypt discovered hydrocarbons in the Abu Roash” E” and Abu Roash “ C” formations.
Emirates General Petroleum Corporation "Emarat" have lowered diesel prices by 20 fils a liter across all their service stations effective from Wednesday, 22 October 2014.
October 21, 2014
The Kingdom’s oil shale reserves rank fifth worldwide in terms of quantity.
With his unique bushy mustache and outspoken manner, De Margerie was one of the most respected figures among the top oil executives in the world
Since the beginning of this year, Dubai Electricity and Water Authority (DEWA) has completed four 132kV transmission substations in Dubai and extended 32km of ground cables at a total cost of AED 529 million.
October 20, 2014
Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years.