Oil & Energy
April 25, 2013
The Sudanese government should use renewed oil revenue to provide a foundation to its economy, an International Monetary Fund representative said.
International School International School of Arts & Science visited the new DEWA power and desalination plant in Jebel Ali.
April 24, 2013
Iran is currently negotiating with members of the Organization of Petroleum Exporting Countries to maintain oil prices around $100 in international markets.
A supply glut driven by increased crude output from the US, Canada and Iraq and demand loss from the US is expected to sharply drive down oil prices in the coming years, an expert predicted.
Fuel prices in Jordan are to drop again, following the governments decision to set prices in line with market costs.
April 23, 2013
The EU has decided to lift its oil embargo on Syria, in an effort to boost the opposition.
Energy firms Dana Gas, ENI and Sea Dragon announce they have been awarded exploration rights in Egypt's Nile Delta and eastern Mediterranean in an EGAS bid round on 18 April.
OCTAL, the world’s leading clear rigid food packaging material supplier, recently organized a 'Check Your Blood Pressure Week’ for employees in Salalah as part of its efforts to support World Health Day.
Iran is owed $4 billion for oil sales to customers who have been unable to pay because of sanctions imposed on the Islamic republic over its nuclear programme, according to an official.
April 22, 2013
Despite international sanctions over Iran's alleged nuclear ambitions, Tehran is looking to try and sell oil to North Korea.
Italian energy company Eni is keen to ensure the safety of a natural gas pipeline, which crosses Tunisia, Chief Executive Officer Paolo Scaroni said.
Saudi Arabia has reiterated its commitment to the stability of the international oil market, a minister from the the oil-rich
April 21, 2013
Kuwait Energy, one of the fastest growing independent oil and gas companies in the Middle East, today announced record results for the year 2012 during its Annual General Meeting of shareholders.
PwC research shows that the Middle East recorded a substantial increase in banking M&A deal values from USD 1.5bn in 2011 to nearly USD 7bn in 2012, resulting from six transactions.
Emirates National Oil Company (ENOC), is extending its support as a gold sponsor of the fifth edition of the Fazza Championship, the sports event for special needs athletes.