Oil & Energy
April 25, 2013
The Turkish operator of the power ship hired by Lebanon has cut its electricity production because of poor quality diesel, according to sources.
Egypt will seek a bigger share of production in future oil and gas exploration contracts signed with foreign companies, its petroleum minister said in remarks published Wednesday.
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.