Oil & Energy
October 21, 2012
Dana Gas announces that its joint-venture, the Egyptian Bahrain Gas Derivatives Company, EBGDCo, NGL extraction plant region has loaded its first propane cargo on 1 October, 2012.
Iraq's oil exports from its southern ports have risen by 120,000 barrels per day (bpd) so far in October versus last month, according to shipping data, suggesting the country is on course to reach its highest export rate in decades.
October 18, 2012
Iranian private oil firms are set to take the European Union to court after companies took issue with the new tougher sanctions, which they have described as "illegal", according to the state-backed Fars news agency.
Leading international oil firms will get first-hand information about the initial findings of Lebanon’s massive gas wealth under the sea during a meeting in London on Wednesday.
Egypt will soon announce details of an auction for the planned import of liquefied natural gas (LNG), in a move that will be rely heavily on the private sector, as the country seeks to import over 1 billion cubic feet of natural gas daily.
US Navy officials in Bahrain have hit back at criticism of a major mine-sweeping exercise in the Gulf designed to show global will to keep oil shipping lanes open as Israel and Iran trade threats of war.
October 17, 2012
Oman Oil Marketing Company (omanoil) awarded an iPad 3 and iPhone 5 to two lucky Facebook competition winners as part of its Customer Service Week celebrations.
Lebanon is looking set to invest heavily in wind farms, with twenty-three local and international companies submitting declarations of intent for building wind farms, the Energy and Water Ministry said Tuesday.
Kuwait Energy’s Chief Executive Officer Sara Akbar joined top female leaders at the 4th Congress of Women in Warsaw, Poland.
Emirates General Petroleum Corporation "Emarat" honored Emirates Airlines for the fruitful partnership that has been tying the two establishments for decades.
October 16, 2012
Emirates General Petroleum Corporation "Emarat" signed a memorandum of understanding with Al Qasimi Publications in Sharjah.
October 15, 2012
The International Monetary Fund has praised GCC states in their efforts to keep global oil prices stable, despite growing concerns of the US economy, the Eurozone and a slowdown in China.
Egypt is to enforce strict new closing times for shops and restaurants in an effort to save the country LE6billion ($1 billion), in electricity, according to the trade and industry minister, Hatem Saleh.
EQUATE Petrochemical Company has issued its 2011 Sustainability Report.
Kuwait Energy announced a new oil discovery of Ahmad-2 well, located in the Area A license in the Gulf of Suez, Egypt, adjacent to the Shukheir North West field.