Oil & Energy

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Discussing other factors that may potentially influence Arabian oil, Anderson said he did not expect political disruptions to affect oil passage through the Strait of Hormuz.
The shale oil revolution in the United States is not expected to present a threat to the Middle East, according to Duncan Anderson, chief executive officer at Gulf Marine Services (GMS).

July 11, 2013

Dubai Electricity and Water Authority
11:00 GMT
(press release)

Dubai Electricity and Water Authority (DEWA) is organising Iftars for employees from all nationalities every day, during the Holy Month of Ramadan.

ENOC's Heat Stress Awareness Campaign at Cylingas
10:35 GMT
(press release)

More than 200 staff members of Cylingas, a subsidiary of Emirates National Oil Company (ENOC), attended a ‘Heat Stress Awareness Campaign’ organised by ENOC’s Occupational Health Clinic.

Iranian shipments can still come to Jebel Ali; shipments can go from the UAE to Iran
09:55 GMT

Harsher economic sanctions on Iran will result in a further squeeze in trade volumes with the UAE.

July 10, 2013

omanoil 'Shop & Win with ahlain' Finale - Hussain Al Ishaqi, GM of Retail, Fuel Cards and Regional Offices rewarding winners at prize giving ceremony
11:23 GMT
(press release)

Oman Oil Marketing Company rewarded 10 lucky customers with a host of highly sought after prizes to conclude the company’s 9th edition of ‘Shop and Win with ahlain.

Mr. Hussain Kazim, Manager corporate communications at Emarat
09:36 GMT

On the occasion of the holy month of Ramadan, Emirates General Petroleum Corporation "Emarat", is offering free dates and water to all customers during the Iftar time at all services stations.

The value of Saudi imports during the period increased by 2.8 percent to reach SR 52.48 billion ($ 13.99 billion)
06:14 GMT

The total value of Saudi nonoil commodity exports in May reached SR 16.02 billion.

July 9, 2013

ENOC's Ramadan Activities
12:19 GMT
(press release)

Emirates National Oil Company and its various businesses are organising a diverse array of charitable activities that are aimed at promoting community welfare and bringing a smile to the faces of the underprivileged.

Photo used for illustrative purposes
10:42 GMT

Iran exported more than one million tons of oil products in the past Iranian calendar year, which ended on March 20

Egyptian supporters of deposed president Mohamed Morsi (portrait) wave their national flag as they attend a rally in support of the former Islamist leader outside Cairo's Rabaa al-Adawiya mosque on July 8, 2013. (Source: AFP/ MAHMUD HAMS)
10:17 GMT

New York crude prices soared to a 14-month high during the weekend, as political tension in Egypt continued to shake confidence in consistent supplies from the Middle East.

Green Footprint initiative
05:45 GMT
(press release)

In line with the Green Economy for Sustainable Development initiative, Dubai Electricity and Water Authority (DEWA) has commenced the implementation of the “Green Footprint” initiative.

July 8, 2013

Photo used for illustrative purposes
10:01 GMT

The discovery means the Jewish state could suck up Lebanese gas through horizontal or vertical drilling

Azadi Monument, Tehran (Source: Wikimedia Commons)
07:51 GMT

The value of Iranian water projects in foreign countries has risen by 282 percent since the start of President Mahmoud Ahmadinejad’s administration in 2005

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.