Oil & Energy

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There is no need to increase oil production. Instead, Saudi Arabia should use its resources better (File/AFP)
Today
Norway makes good use of its oil and gas industries respectfully. There is room for investment with the large income obtained from the energy sector. Why doesn't Saudi Arabia live off Norway's example?

July 30, 2012

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.

July 23, 2012

Gulf Marine
10:37 GMT

Gulf Marine Services Saudi Arabia (GMSSA), a joint venture between the Shoaibi Group and Gulf Marine Services of the UAE, has been awarded a three-year contract to support rigless well intervention for a major offshore project in Saudi Arabia.

Ryan McPherson, ITF’s regional director in the Middle East and Asia Pacific
09:42 GMT

Qatar Petroleum (QP) has joined the global oil and gas technology facilitator ITF to collaborate on finding new solutions to boost oil and gas production in the Middle East.

UAE ships first oil via Fujairah
09:25 GMT

As Iran threats escalate, the UAE quietly loaded its first cargo from its long-awaited new oil export terminal on the Gulf of Oman

July 22, 2012

Gas pipeline explosion
17:22 GMT

The Egyptian gas pipeline to Israel and Jordan was attacked again on Sunday for the 15th time since the start of the uprising in early 2011.

Nigerian Oil
14:01 GMT

The Nigerian government has concluded plans to hold a two-day oil and gas trade investment forum in southeast Rivers State to attract investors into the Free Trade Zone (FTZ).