Oil & Energy
July 16, 2013
South Korea imported 565,444 tons of Iranian crude oil in June, equivalent to 138,157 barrels per day, Reuters reported.
July 15, 2013
Qatar has now become the world’s largest exporter and second largest producer of liquid helium with the launch of production at the new plant of RasGas Company, said the country’s energy minister.
Dubai Electricity and Water Authority (DEWA) has dedicated AED 1 million as a donation to the humanitarian campaign launched by HH Sheikh Mohammed bin Rashid Al Maktoum.
Power cuts in Bahrain during summer have been significantly decreased in the last three years, said a senior government official.
Kuwait has sent two oil tankers carrying crude and diesel worth $200 million to Egypt.
July 14, 2013
Union Petroleum and Natural gas Minister Veerappa Moily has said that Iraq has offered three discovered oilfields to India on nomination basis and agreed to renegotiate an oil block that has been pending since 2000.
The UAE’s average June oil output was unchanged from May at 2.73 million barrels per day, latest data from the Paris-based International Energy Agency showed.
The construction at the Mohammed bin Rashid Al Maktoum Solar Park project at Seih Al Dahal is in progress and going on schedule.
Emirates Gas will distribute free Liquefied Petroleum Gas refills to underprivileged families of widows and orphans in Dubai, Ajman and Umm Al Quwain, through the Holy Month of Ramadan until the end of the year.
July 11, 2013
The Turkish operator of an electricity-producing barge assumes the responsibility for a monthlong stoppage in power production and urged the Lebanese state to seek compensation for the breach of the agreement terms.
OPEC's share of the world market will shrink in 2014 as rising supply of U.S. shale oil gives the exporter group little comfort from the fastest growth in world demand in four years.
An exiled Iranian opposition group claimed on Thursday to have evidence of a hidden nuclear site located in tunnels beneath a mountain near the town of Damavand.
Dubai Electricity and Water Authority (DEWA) is organising Iftars for employees from all nationalities every day, during the Holy Month of Ramadan.
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.
Harsher economic sanctions on Iran will result in a further squeeze in trade volumes with the UAE.