Oil & Energy

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Saudi Arabia accounted for more than 60 percent of the region’s total petrochemicals capacity in 2012
June 17, 2013 - 11:49 GMT
At 86.4 million tons, Saudi Arabia accounted for more than 60 percent of the region’s total petrochemicals capacity in 2012.

April 30, 2013

Electricite du Liban deny that poor quality fuel is the reason for the powership moored off the coast of Lebanon to stop working
09:10 GMT

Fuel provided to a Turkish electricity barge was up to standard, despite rumors that substandard fuel had caused the powership moored off the coast of Lebanon to

During the event
08:44 GMT
(press release)

EQUATE Petrochemical Company has earned the Gold Award 2013 from the American Society of Safety Engineers (ASSE) Kuwait Chapter for the fifth consecutive year in the Manufacturing category.

April 29, 2013

Libya will start shipping oil to Egypt next month on soft credit terms
07:50 GMT

Libya will start shipping oil to Egypt next month on soft credit terms worth $1.2bn, two Libyan oil industry officials told Reuters.

ENOC
07:17 GMT
(press release)

ENOC Retail has a new promotion that offers customers over 700,000 prizes when they shop at ZOOM outlets in Dubai and the Northern Emirates.

The mock-up of Emarat stand for exhibition
05:58 GMT

Emirates General Petroleum Corporation "Emarat" will participate on a high note at the UAE Career Fair 2013, which is due to be held at the Dubai World Trade Center.

April 28, 2013

More oil has been discovered in Iraqi-Kurdistan
14:21 GMT

A rapid oil appraisal program is under way in the Kurdish region of Iraq following a successful test of a second well, Genel Energy said.

Iran is to export more gas to Turkey
13:25 GMT

Iranian Oil Minister Rostam Qasemi says Iran’s natural gas exports to Turkey will increase following the establishment of a planned joint pipeline.

The price of Kuwaiti crude oil jumped to almost $100 a barrel in weekend trading.
10:25 GMT

The price of Kuwaiti crude oil jumped to almost $100 a barrel in weekend trading.

Lebanon's energy ministry has refused to comment a dip in power ship output
09:47 GMT

Lebanon's Energy Ministry and the Turkish company operating the electricity barge refrained for a third day from making a public statement explaining the sharp drop in electricity production by the ship.

Jordan's Prime Minister has said that no decision on increasing electricity prices will be taken without consulting the country's lower house
09:29 GMT

Jordan's Prime Minister Abdullah Ensour on Friday said that no decision to increase prices of electricity will be taken without consultation with the Lower House.

EQUATE President & CEO Mohammad Husain
06:33 GMT
(press release)

EQUATE Petrochemical Company said that its 2012 sales to local Kuwaiti plastics producers exceeded USD 45 million.

April 25, 2013

the Turkish operator of the power ship hired by Lebanon has cut its electricity production because of poor quality diesel
13:49 GMT

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 bigger share in oil and gas projects run by foreign companies
13:28 GMT

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 IMF has warned Sudan to use its new oil money wisely
13:10 GMT

The Sudanese government should use renewed oil revenue to provide a foundation to its economy, an International Monetary Fund representative said.

Dubai Electricity and Water Authority
10:53 GMT
(press release)

International School International School of Arts & Science visited the new DEWA power and desalination plant in Jebel Ali.