Oil & Energy
August 4, 2013
Emirates General Petroleum Corporation and Emirates National Oil Company will start accepting Visa and MasterCard credit/debit cards for all transactions including fuel sales, from August 4, 2013.
August 1, 2013
Syria and Iran inked a banking agreement to arrange for a $3.6 billion oil credit line, the Syrian Arab National News Agency reported Tuesday.
Kuwait has sent two oil tankers carrying crude and diesel worth $200 million to Egypt.
Egypt’s state gas company EGAS will cut back on the amount of gas it supplies to factories to keep electricity plants running instead during the peak summer months, Al-Borsa newspaper reported Wednesday.
July 31, 2013
Gas production will start in two phases of the South Pars gas field in the near future.
The Municipality and Planning Department in Ajman honored Emarat, for its support in the department’s campaign titled “A Day Without Plastic Bags”, which aimed to promote for a healthy environment.
July 30, 2013
Dubai Electricity and Water Authority (DEWA) is organising a series of charity and social events as part of its participation in ‘Zayed Humanitarian Work Day,’.
The new Egyptian government will press ahead with a smart card program for distributing fuel products that its predecessor had started before it was ousted by the military.
The total sales revenue of Oman's three oil marketing companies grew by just 3.1 per cent to RO510mn in the first six months of 2013 against RO494.3mn in the corresponding period last year.
July 29, 2013
Minister of Petroleum and Mineral Resources Sherif Ismail announced an agreement to import 1m barrels of crude oil monthly from Libya that will be refined in Egypt laboratories
In efforts to continue encouraging fitness and wellbeing among its employees, Oman Oil Marketing Company (omanoil) has launched its second annual health campaign under the title, ‘I Promise’.
Sudan's oil ministry has officially informed oil companies that the deadline for stopping flow of South Sudan's oil through its territories has been delayed until August 22.
Iran has built a new natural gas storage facility with a capacity to store 4.6 billion cubic meters of gas, the National Iranian Gas Company managing director stated.
July 28, 2013
An Iranian lawmaker says chances are high for the Islamic Republic to assume the presidency of the Organization of the Petroleum Exporting Countries.
Iran plays an undeniably key role in global energy security.