Oil & Energy

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“There is one major resource base in the world which could meet the growth in the global oil demand, which is the Middle East,” he said.
July 27, 2014 - 18:24 GMT
While euphoria over the ongoing shale revolution and the energy independence of the Americas continue, yet, there are people - cautioning and asserting - the phenomenon is short-lived and the world would continue to be dependent on the Middle East.

May 5, 2014

Forty-nine percent of the tenders for the drilling will be reserved for Lebanese investors (File Archive)
10:00 GMT

Lebanese officials are calling for new policies that will allow the country's wealthy diaspora abroad to invest in teh country's up and coming offshore oil sector.

Emiratis have been at the forefront of green energy exploration and construction in the Middle East (File Archive)
08:06 GMT

The UAE submitted its bid this week to host the World Energy Congress 2019 in Abu Dhabi.

Abdulraoof Abdul Aziz honors one of the distinguished employees in the presence of Abdulla Hassan Al Noman
06:31 GMT

The retail sales department at Emirates General Petroleum Corporation "Emarat", has elevated its recognition program for honoring distinctive employees working at its service stations, to a higher level.

May 4, 2014

During the event
10:31 GMT
(press release)

Emirates National Oil Company (ENOC) is supporting the Holy Quran Memorisation Competition 2014 organised by the Sheikh Mohammed Centre for Cultural Understanding (SMCCU).

Iran has the second largest natural gas reserves after Russia (File Archive)
08:39 GMT

Iran announced this weekend that they are ready to supply the EU with natural gas to meet the continent's growing energy needs.

Dr. Rahma bin Mohamed Al Shamsi, Retail Sales Manager at Emarat
07:39 GMT

Hamdan bin Mohammed Center for Cultural Revival honored Emirates General Petroleum Corporation “Emarat” for its vital participation in supporting the Center’s activities and programs during the current year.

May 1, 2014

Montreal based SNC-Lavalin will support Abu Dhabi Company for Onshore Oil Operations and produce 25,000 barrels of oil per day (Image: File)
13:10 GMT

Leading Canadian company SNC-Lavalin won a major oil contract from Abu Dhabi's Company for Onshore Oil Operations (Adco) with the intention to produce 25,000 oil barrels a day.

Enoc at  Ideas.Arabia competition
08:41 GMT
(press release)

Emirates National Oil Company (ENOC) has won the first place in the Technology Category at the Ideas.Arabia International Conference and Exhibition held in Dubai.

April 29, 2014

Despite the current problems, a farm-out agreement between the partners in Leviathan and Woodside may still be signed, possibly within days.
21:13 GMT

The sources said that, behind the Leviathan partners' stubbornness, lies personal animosity by Delek controlling shareholder Yitzhak Tshuva

The festival has been attended by the Greek Ambassador, among others (Image: FSR Magazine)
14:54 GMT

Saudi Arabia is hosting a Greek inspired food fest in the Riyadh Marriott Hotel, with different authentic Greek dishes being served every night.

April 28, 2014

Construction of a dam on the Karun River in Iran. (Image: Foros.embalses.net)
07:30 GMT

Iran's Energy Minister is warning of the serious water-shortage crisis his country is going through.

Brigadier General Ahmad Ghanem Al Kaabi honors Abdulraoof Abdul Aziz
06:30 GMT

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-Russia trade currently totals $5 billion a year, but economists say the two countries can at least quadruple the volume of their trade exchanges.
01:50 GMT

Iran and Russia are negotiating to sign a deal, worth about $10 billion, to boost bilateral ties in the power sector.

April 27, 2014

ENOC at Careers UAE 2014
11:20 GMT
(press release)

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.

Rouhani's first attempt at implementing subsidy reform was a disaster.
03:55 GMT

"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."