Oil & Energy

Featured Story:

There is no need to increase oil production. Instead, Saudi Arabia should use its resources better (File/AFP)
September 1, 2014 - 10:26 GMT
Norway makes good use of its oil and gas industries respectfully. There is room for investment with the large income obtained from the energy sector. Why doesn't Saudi Arabia live off Norway's example?

July 14, 2013

Iraq supplied 24.04 million tons of crude oil in 2012-13
09:55 GMT

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.

Abu Dhabi aims to start producing about 500 million cubic feet a day of sour gas in 2014
09:04 GMT

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.

Solar Park project at Seih Al Dahal is in progress
06:59 GMT

The construction at the Mohammed bin Rashid Al Maktoum Solar Park project at Seih Al Dahal is in progress and going on schedule.

During the event
06:40 GMT
(press release)

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

Lebanon blames Fatmagül failure
15:55 GMT

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 report is the second of this month's trio of oil supply and demand forecasts to emerge
12:55 GMT

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.

The nuclear site has existed since 2006 with the first series of subterranean tunnels and four external depots recently completed
11:21 GMT

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
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