Oil & Energy
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.
July 10, 2013
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.
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 total value of Saudi nonoil commodity exports in May reached SR 16.02 billion.
July 9, 2013
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.
Iran exported more than one million tons of oil products in the past Iranian calendar year, which ended on March 20