Oil & Energy

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Instability and civil wars in the MENA region had a recent impart on oil supplies and demand (File/AFP)
July 23, 2014 - 12:12 GMT
According to a report, oil supply growth will reduce over the next 18 months. This comes with many risks. Why is the Middle East's oil industry experiencing a downfall?

August 2, 2012

EQUATE Petrochemical Company
09:10 GMT
(press release)

EQUATE Petrochemical Company said that it has shutdown one of its Ethylene Glycol units with a total capacity of 550,000 MTA.

August 1, 2012

Dirham Wa’Bas charity drive campaign
10:15 GMT
(press release)

Tasjeel, a joint venture of ENOC, is partnering with Dubai Autism Centre during the Holy Month of Ramadan for a charitable initiative.

July 31, 2012

13:45 GMT

Oil fluctuated in New York as European economic confidence worsened in July amid speculation that European policy makers will act to resolve the region's debt crisis.

EQUATE Petrochemical Company
11:03 GMT
(press release)

EQUATE Petrochemical Company said that it extinguished a limited fire earlier this morning.

July 30, 2012

EDL's part time workers are not willing to end the strike until all demands are met.
19:16 GMT

The committee of Electricite du Liban contract workers announced Sunday that a new round of talks with officials would begin this week.

Giving dates and water during Ramadan has been an ENOC/EPPCO tradition for more than a decade
09:39 GMT
(press release)

For a healthy way of breaking the fast during the Holy Month of Ramadan, Emirates National Oil Company (ENOC) has partnered with Alokozay to roll out a “Dates & Water” Iftar pack campaign.

July 29, 2012

Oil Tanker
09:08 GMT

Iran is expanding its insurance on its fleet of 47 oil tankers through a multi-billion-dollar line of credit as it seeks to get around European Union (EU) sanctions crimping its crude exports, reports said yesterday.

EMGAS Free LPG Campaign
07:47 GMT
(press release)

Emirates Gas, a subsidiary of Emirates National Oil Company (ENOC), will roll out several charitable activities aimed at supporting the local community.

Oman Oil iPromise Group
06:23 GMT
(press release)

Oman Oil Marketing Company embraces the holy month of Ramadhan by advocating employee wellbeing with its ‘I Promise’ campaign.

July 26, 2012

Gas pipelines to Israel have been attacked 15 times since Mubarak’s fall.
09:10 GMT

After a series of attacks on the gas line, the Egyptian president takes a stand.

July 25, 2012

Iran's President Mahmoud Ahmadinejad (L) and Venezuela's President Hugo Chavez (R)
13:55 GMT

Following heavy sanctions from the US, the Persian state looks for alternative oil routes.

Crude Oil
13:26 GMT

After a period of strength, the crude oil markets go all bearish.

EDL headquarters
10:11 GMT

After striking contract workers stormed the office of a senior employee at EDL, full-time staff get revenge by going on strike themselves.

July 24, 2012

Omar al Bashir(R) and Salva Kiir
16:30 GMT

Sudanese negotiators on Monday dismissed as “nothing new” what their South Sudanese counterparts have termed as the “last offer” to resolve the two countries’ disputes over oil transit fees.

ENOC’s Ramadan campaign, titled ‘The Month of Giving’
07:33 GMT
(press release)

Emirates National Oil Company (ENOC) and its subsidiaries are marking the Holy Month of Ramadan with its largest array of educational, charitable and community initiatives.