Oil & Energy
February 19, 2013
Egypt will begin to reduce fuel subsidies in April, the country's minister of petroleum and mineral resources said on Monday.
Oil companies yesterday vehemently denied media reports that they have re-exported fuel oil to Syria.
February 18, 2013
Saudi Arabia has earmarked around SR502.5 billion ($134 billion) for power generation and water projects in a bid to raise electrical generation at 49 per cent through 2019.
February 17, 2013
Kuwait Foreign Petroleum Exploration Company (Kufpec) has reportedly picked five banks to arrange a $750 million, five-year loan.
Emirates National Oil Company’s corporate offices served customers at the ENOC/EPPCO retail station forecourts for half a day as part of the company’s team building initiative.
German oil firm Wintershall said it is struggling to return production in Libya to levels from before the civil war, with difficulties finding contractors, and despite its vast resources, it is also ruling out exploring for more hydrocarbons.
The first of two electricity barges aimed at boosting Lebanon’s ailing power production entered Lebanese territorial waters Saturday.
In its 10th anniversary year, Oman Oil Marketing Company celebrated the commitment of its staff over the last decade that has enabled the company to serve Oman with quality products and exceptional customer care.
February 13, 2013
A new high-tech system to promote safe rigging practices in Oman's oil and gas industry was launched on Monday.
Sanctions on Iran caused the Islamic Republic’s oil revenue to drop by $40 billion in 2012, according to The International Energy Agency.
Libya announced yesterday that its subsidiary, the Sirte Oil Company had shipped its first LPG cargo since the revolution
DEWA announced the launch of the 8th Conservation Award 2012/2013 for the educational sector, under the theme, ‘for a better tomorrow,’ in collaboration with the Knowledge & Human Development Authority.
February 12, 2013
Emirates Gas has signed a Memorandum of Understanding with Dubai Municipality to treat land and sewage waste to generate Compressed Natural Gas.
February 11, 2013
Emirates National Oil Company recorded robust growth in sales during the Dubai Shopping Festival 2013.
The Institute of Risk Management has shortlisted the Dubai Electricity and Water Authority in the ‘Delivering value through risk management’ and Building risk management capability’ categories of its ‘Global Risk Awards 2013.