Oil & Energy
February 17, 2013
The first of two electricity barges aimed at boosting Lebanon’s ailing power production entered Lebanese territorial waters Saturday.
In its 10th anniversary year, Oman Oil Marketing Company celebrated the commitment of its staff over the last decade that has enabled the company to serve Oman with quality products and exceptional customer care.
February 13, 2013
A new high-tech system to promote safe rigging practices in Oman's oil and gas industry was launched on Monday.
Sanctions on Iran caused the Islamic Republic’s oil revenue to drop by $40 billion in 2012, according to The International Energy Agency.
Libya announced yesterday that its subsidiary, the Sirte Oil Company had shipped its first LPG cargo since the revolution
DEWA announced the launch of the 8th Conservation Award 2012/2013 for the educational sector, under the theme, ‘for a better tomorrow,’ in collaboration with the Knowledge & Human Development Authority.
February 12, 2013
Emirates Gas has signed a Memorandum of Understanding with Dubai Municipality to treat land and sewage waste to generate Compressed Natural Gas.
February 11, 2013
Emirates National Oil Company recorded robust growth in sales during the Dubai Shopping Festival 2013.
The Institute of Risk Management has shortlisted the Dubai Electricity and Water Authority in the ‘Delivering value through risk management’ and Building risk management capability’ categories of its ‘Global Risk Awards 2013.
February 10, 2013
Iran's ambassador to the International Atomic Energy Agency said on Saturday that he is "optimistic" about a new round of nuclear talks, scheduled for later this month.
Japan will reportedly give a $3 billion loan to Abu Dhabi National Oil Co (ADNOC) to help boost the oil developer's upstream business and strengthen bilateral relations.
Lebanon is preparing for the arrival of the the first of two power-generating ships it is leasing from Turkey in an effort to halt electrical blackouts in the Cedar country.
February 7, 2013
More than 40 U.S. and European countries have bought information on the country’s offshore gas blocks.
EQUATE Petrochemical Company announced a net profit of USD 1.09 Billion for the fiscal year ending December 31st, 2012, which is a 3% increase over the USD 1.05 billion achieved in 2011.
February 6, 2013
Gasoline prices in Lebanon leaped Wednesday another LL700, ($0.50) according to the weekly update by the Energy and Water Ministry.