Oil & Energy
December 29, 2014
DUBAI, 29th December, 2014 (WAM) -- Emirates General Petroleum Corporation, Emarat, has lowered diesel prices by 20 fils a litre across all their service stations effective from 30th December 2014.
December 28, 2014
Executives and analysts are questioning whether Israel’s energy industry has a future after the country’s antitrust chief backtracked on letting a group led by U.S.- based Noble Energy Inc. develop Israel’s two biggest natural gas fields.
EQUATE Petrochemical Company, Kuwait’s first international petrochemical joint-venture, announced its sponsorship of the Industrial Entrepreneurs project organized by Kuwait Industries Union (KIU).
Dubai Electricity and Water Authority (DEWA) has honoured a number of its staff who won the Excellence Messages Quiz, which measures employees ‘understanding of excellence concepts and criteria.
Dubai Civil Aviation Authority has honored Emirates General Petroleum Corporation “Emarat”, in recognition of the fruitful cooperation relations that have been maintained for decades between the two establishments.
December 24, 2014
The two countries will sign 25 agreements primarily within the realms of energy and transport with 7 of them focusing on coal-powered plants
Oman Oil Marketing Company (omanoil) has launched a nationwide campaign to reward customers in celebration of the one year anniversary of its own brand of lubricants in Oman.
The State will now require the companies to sell their holdings in one of the fields.
The power consumption reading meters in Sharjah will soon be replaced by smart meters to ensure that accurate readings are recorded.
December 23, 2014
Energy demand in the UAE is growing at an annual rate of about 9 per cent — three times the global average — making nuclear energy a growing necessity in the country’s energy portfolio.
The fall in oil prices is good news for the Egyptian government which in July slashed fuel subsidies, raising pump prices by up to 78 percent.
Oman Oil Company (OOC), has recently renewed its partnership for the third consecutive year with Oman Society for Petroleum Services (OPAL), to offer dedicated educational workshops as part of the capacity building programme ‘My Job, My Oath’.
Dubai Electricity and Water Authority (DEWA) has launched a brainstorming campaign on its social media channels.
December 22, 2014
Saudi Arabi plans to spend $91 billion to integrate refineries with petrochemcial units and expand plants over the next decade.
The recent oil price collapse may bring on a recession for the UAE in 2015.