Oil & Energy

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Iraqi crude production is climbing from a 35-year high.
January 30, 2015 - 22:18 GMT
“This price war is not just between Saudi Arabia and the U.S., it’s also intra-OPEC,” said Seth Kleinman,

January 14, 2014

TASJEEL SELECT PLUS
08:30 GMT
(press release)

ENOC Retail has launched a dedicated TASJEEL SELECT PLUS fleet management card for customers of Tasjeel, the UAE’s one-stop shop for all vehicle testing and registration needs.

January 12, 2014

Qatar to help Iran to develop its share of the world’s biggest gas field so both countries can reap the maximum long-term rewards, sources at state-run Qatar Petroleum (QP) say.
18:02 GMT

The giant gas field beneath the waters of the Gulf, which Iran calls South Pars and Qatar calls the North Field, accounts for nearly all of the tiny Gulf state’s gas output, and around 60 per cent of its export revenues.

January 8, 2014

Israel's Ministry of Energy, Jordan's Ministry of Energy and Noble Energy all declined to comment on the report.
13:38 GMT

Israel will build a 15 kilometer pipeline from the Dead Sea to Jordan in 2015, sources told "Bloomberg."

A Syrian refugee in Jordan's Zaatari camp retrieves water. Jordan is one of the most water-scarce countries on earth (File Archive/AFP)
09:42 GMT

The Hashemite Kingdom of Jordan needs $750 million during the next three years to meet its rising demand for water resources.

During the event
09:37 GMT
(press release)

Dubai Electricity and Water Authority (DEWA) today organised the Annual Partners’ Appreciation Ceremony, attended by HE Saeed Mohammed Al Tayer, MD and CEO of DEWA.

January 7, 2014

 In a message to members of the Organization of Petroleum Exporting Countries (OPEC), Zanganeh also said that unconventional oil production from shale reserves by non-OPEC countries will not be a threat to OPEC.
03:55 GMT

“We believe it is our right to try to increase our exports,” Zanganeh said.

January 6, 2014

During the event
10:50 GMT
(press release)

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) has led a series of activities at DEWA’s headquarters to fulfil the ‘Thank You Khalifa’ campaign.

January 5, 2014

The crisis has seen output plunge to about 250,000 bpd from nearly 1.5 million bpd before.
17:24 GMT

Limited production has resumed in Libya’s Al Sharara oilfield, blockaded since October 28 by residents of the southern region of Ubari, a National Oil Company (NOC) official said on Sunday.

Average daily volume
10:36 GMT
(press release)

The Dubai Mercantile Exchange ended 2013 on a record high with its flagship DME Oman Crude Oil Futures contract posting year-on-year average daily volume trading growth of 36 per cent with 6,355 lots per day.

ENOC Retail opens ZOOM Market
05:26 GMT
(press release)

ENOC Retail, the retail business subsidiary of Emirates National Oil Company (ENOC), has opened its ZOOM Market stores in Dubai Shopping Centre in Deira and at Bab Al Bahr in Ras Al Khaimah.

December 31, 2013

Saudi Arabia’s oil exports hit 2.66 billion barrels in 2013.
18:48 GMT

According to the IEA data, oil production from non-OPEC countries, led by the US Canada and Brazil, will increase to 56.5 million barrels a day by 2014, he added.

Delegation in front of one of the Convenience Stores
08:29 GMT

A delegation from different oil companies in Indonesia, visited Emarat to observe the procedures and processes adopted by the Corporation in the fields of service stations management.

December 29, 2013

Abdulla Hassan Al Noman with the winning team
06:35 GMT

The Retail Sales Department at Emirates General Petroleum Corporation "Emarat" recently organized a cricket championship for the employees at its service stations.

December 26, 2013

Natural gas supplied by Aramco is expected to double next year. (Image credit: Shutterstock)
09:19 GMT

Higher prices and improved demand outlook are expected to increase the 2014 year-on-year earnings of top 10 Saudi Arabian petrochemical companies.

The agreement was signed by Syrian Oil Minister Suleiman Abbas, Syria’s General Petroleum Company and the Russian Soyuzneftegaz company.
03:55 GMT

The contract “is the first ever for oil and gas exploration in Syria’s waters,” head of the General Petroleum Company Ali Abbas told AFP.