Oil & Energy

Featured Story:

Instability and civil wars in the MENA region had a recent impart on oil supplies and demand (File/AFP)
July 23, 2014 - 12:12 GMT
According to a report, oil supply growth will reduce over the next 18 months. This comes with many risks. Why is the Middle East's oil industry experiencing a downfall?

July 1, 2013

Bahrain has a population of 1.3 million people and an economy worth $30 billion
09:31 GMT

After pro-democracy protests were crushed in 2011, and the economy plummeted thereafter, Bahrain may now be getting back on track

GECF meeting in Doha, June, 2013
08:31 GMT

The GECF members in their ministerial meeting in Moscow on Saturday unanimously voted Iran to host the third summit.

June 30, 2013

Saeed Al Tayer MD &CEO Of Dewa
12:01 GMT
(press release)

DEWA has launched a new water pipeline project in the Palm Jumeirah, in line with its strategy to enhance its infrastructure and meet growing demand for its services across Dubai.

Mohammad Al-Howqal, Chief Operations Officer of Kuwait Energy
09:25 GMT
(press release)

Kuwait Energy with their main partner the Egyptian General Petroleum Corporation announced a production increase at its East Ras Qattara, ERQ, Concession, Egypt, in which the Company holds a 49.5% interest.

Recognizing the Ambassador
06:16 GMT

EQUATE Petrochemical Company hosted a visit by His Excellency the Ambassador of the Kingdom of the Netherlands to the State of Kuwait Nicolaas Beets.

June 26, 2013

S2 is 54 percent owned by Abu Dhabi National Energy Co (TAQA)
10:59 GMT

Abu Dhabi's Shuweihat 2 (S2) power plant has mandated six banks to help arrange a potential bond issue, lead arrangers said on Tuesday.

Saquella Espresso Club in Dubai Mall
10:39 GMT
(press release)

ENOC Retail has opened the fifth outlet of the Saquella Espresso Club at The Dubai Mall, the world’s largest shopping and entertainment destination.

Omanoil Filling Station, 15 Years without LTI at Lubricants Stores Yard
09:04 GMT
(press release)

Oman Oil Marketing Company (omanoil) is celebrating a milestone of 15 years without Lost Time Injury (LTI) at its Lubricants Stores Yard in Mina Al Fahal.

June 25, 2013

Saeed Al Tayer, MD &CEO Of Dewa
12:04 GMT
(press release)

Dubai Electricity and Water Authority has announced that its new AED360 million water pipeline project is progressing as per schedule.

ENOC-DSS First Winner
10:55 GMT
(press release)

Emirates National Oil Company (ENOC) presented a Hyundai Veloster car to the weekly winner of its ‘Stop, Shop and Zoom’ Dubai Summer Surprises (DSS) promotion.

During the event
09:16 GMT
(press release)

EQUATE Petrochemical Company launched a world-class procurement program for its employees in cooperation with the Chartered Institute of Purchasing & Supply (CIPS).

June 24, 2013

ENOC Hag El Leila celebration
10:35 GMT
(press release)

Emirates National Oil Company celebrated Hag El Leila, the traditional Emirati festival celebrated in the middle of Sha’ban, the auspicious month before Ramadan, by distributing sweets and gifts to children at Latifa Hospital.

June 23, 2013

Artificially low government-controlled prices typical across the energy-rich Gulf region have discouraged new projects needed to meet its rapidly rising demand for natural gas
11:45 GMT

BP has agreed a price for any gas produced from Oman's Khazzan project as part of a commercial framework agreement with the government, the British energy company said on Thursday.

June 20, 2013

Offshore drilling site
10:03 GMT

State-owned Abu Dhabi Marine Operating Co (Adma-Opco) has awarded a 2.8 billion dirhams ($766 million) contract to a local firm to develop an offshore field as its expands production of crude oil.

Mohammed Bin Tameem during the honouring
06:41 GMT

Dubai Municipality has honored Emirates General Petroleum Corporation "Emarat" for its active participation in the World No Smoking Day.