Oil & Energy
May 29, 2012
Bahrain plans to set up two factories specialised in producing urea and ammonia at an outlay of $1.5 billion, said Energy Minister Dr Abdulhussain Mirza.
Marking 2011 as a paramount financial year with one billion liters in fuel sales, Oman Oil Marketing Company’s Retail Team was flown to Istanbul, Turkey in appreciation of their outstanding performance.
May 28, 2012
The Jordanian government unveiled on Sunday new electricity rates it claims will have a limited impact on citizens’ living conditions.
May 27, 2012
The government on Saturday raised the price of 95-Octane gas and decided to “adjust” the prices of electricity provided to large consumers.
May 24, 2012
Dow Oil & Gas announced the launch of the NEPTUNE Advanced Subsea Flow Assurance Insulation System experienced in Africa.
Freshplus, continues the advancement of its position among other competing names with the opening of the sixth branch bearing the trademark at Dubai Media City.
May 23, 2012
Emirates Gas, a wholly-owned subsidiary of ENOC, recently conducted an LPG Safety & Awareness training programme at the National Institute for Vocational Education.
The price of 20 liters of gasoline declined by LL1,000 and that of diesel by LL 500 from last week's price.
May 22, 2012
Bahrain is currently under expansion of the refining and petrochemical industry by conducting more excavation and exploration operations.
A delegation from Abu Dhabi National Energy Company has made a formal visit to Turkey to discuss ways of developing the relationship between Abu Dhabi and Turkey and to identify investment opportunities in Turkey’s energy sector.
Fasttrack service center for the repair and maintenance of vehicles, which belongs to Emirates General Petroleum Corporation has started providing the service of vehicles' glass repair and replacement.
May 21, 2012
RAK Petroleum Public Company announced net profits of AED 81.3 million for the quarter ended 31 March 2012, continuing the Company’s profitability into the fourth consecutive year.
AutoPro, ENOC’s professional vehicle care and services unit, is showcasing its spectrum of service offerings at the tenth Automechanika Middle East.
RAK Petroleum Public Company Limited, the energy investment company, announced that it reached common ground with representatives of a Norwegian group known as the ”DNO Initiative”.
May 20, 2012
Oil prices might go as high as $160 per barrel if the European Union goes ahead with a July 1 embargo.