Oil & Energy
March 5, 2013
China has overtaken the US as the world's largest net importer of oil, a report has said.
Libyan gas exports resumed to Italy after a brief stop on Saturday, as a result of armed dispute around the Mellitah complex on the western Libyan coast.
Officials at Emarat, discussed and a delegation from the Federal Electricity and Water Authority discussed, during a meeting held recently means of developing cooperation in the upcoming phase.
March 4, 2013
Hundreds of protesters broke into Iraq's giant southern West Qurna-2 oilfield, early on Monday, sources from the field, police and the state-run Southern Oil Co. said.
A new pipeline that bypasses the key oil trading route of the Strait of Hormuz is still operating at a limited capacity, according to sources.
The government will not raise the prices of subsidised fuel even when rationing 'smart cards' are introduced, Osama Kamal, minister of petroleum told state-owned MENA news agency.
Oman is planning on increasing oil production to 940,000 barrels per day day as domestic demand increase in the Sultanate.
The US media has warned that the Iran-Pakistan gas pipeline might lead to sanctions against Islamabad, although the State Department says sanctions will only become effective if Pakistan finalises the deal.
Jordan announced on sunday that the government will be distributing the second payment of the cash support for fuel at the beginning of April.
Emirates General Petroleum Corporation "Emarat” has successfully completed its participation at Gulfood 2013, which was held at Dubai International Exhibitions and Conferences Center recently.
March 3, 2013
Libya has suspended gas exports to Italy following a series of clashes between local tribesmen and security forces.
The Middle East will continue to play a “pivotal role” in supplying global markets with oil, even if the United States becomes self-sufficient in oil and gas production, as projected within a few years, U.S. think-tank the Atlantic Council said in a report.
An Iranian-Pakistani consortium will start work next week on a much delayed $7.5 billion gas pipeline from Pakistan to Iran that has aroused strong US opposition, Pakistani officials said on Friday.
February 28, 2013
Emirates National Oil Company (ENOC) has rolled out its ‘Ajyaal’ and ‘Mawaheb’ programmes for UAE nationals.
Emarat", honored one Supervisor and two employees, who were named “Supervisor and Star of the Year 2012” in presence of Mr. Abdulraoof Abdulaziz, Manager, Dealer Sales Operations.