Oil & Energy
April 28, 2014
Brigadier General Ahmad Ghanem Al Kaabi, Director General of Fujairah Police G.H.Q, recently honored Emirates General Petroleum Corporation "Emarat" represented by Shamil Vehicles Testing and Registration Service.
Iran and Russia are negotiating to sign a deal, worth about $10 billion, to boost bilateral ties in the power sector.
April 27, 2014
Emirates National Oil Company (ENOC) showcased over 150 career opportunities for Emirati professionals at Careers UAE 2014, the leading recruitment, training and education exhibition for UAE Nationals.
"Of course I don't want prices to go up, but the reality is that the prices have to become real," said a 30-year-old communication specialist in Tehran. "But I expect more services from the government in return, such as health and transportation."
April 26, 2014
Talks on solving the dispute between Israel and Lebanon over the border of their exclusive economic zones (EEZ) are on the rocks
April 24, 2014
The Kingdom has begun the first phase of the $7.2 billion project, which will create 15,000 jobs.
India is due to pay $1.65 billion to Iran within the next three months as part of a nuclear agreement with the world's six powers and Tehran to release an outstanding balance of frozen Iranian funds, thought to be over $4 billion.
April 23, 2014
Occidental Petroleum Corporation (Oxy) will invest further in Oman to help boost production in 2014.
April 22, 2014
Saudi Arabia will host a two-day waste management summit starting on Wednesday to push for a "green era" in the Kingdom.
Mehleb pointed out that the government would not suspend its commodities and services subsidies; instead it is working on “redistributing and offering it to those who deserve help”.
April 21, 2014
The new multi-billion dollar Al Zour refinery will be one of the largest oil refining plants worldwide.
These initiatives aims to boost the Kingdom’s potential for becoming the largest producer of solar energy in the world
On April 12, Iranian MP Ali Marvi quoted Oil Minister Bijan Namdar Zanganeh as saying that Iran will increase its crude oil output to 5.7 million barrels per day by the end of Iranian calendar year 1397 (March 2019).
April 20, 2014
The International Energy Agency revised its forecast for global oil demand in 2014 to 1.5 per cent which may impact further developments and investment in the sector in consequence.
Fuel smuggling is common across North Africa and its extent has increased in the chaotic aftermath of the Arab Spring.