Oil & Energy
April 24, 2014
India is due to pay $1.65 billion to Iran within the next three months as part of a nuclear agreement with the world's six powers and Tehran to release an outstanding balance of frozen Iranian funds, thought to be over $4 billion.
April 23, 2014
Occidental Petroleum Corporation (Oxy) will invest further in Oman to help boost production in 2014.
April 22, 2014
Saudi Arabia will host a two-day waste management summit starting on Wednesday to push for a "green era" in the Kingdom.
Mehleb pointed out that the government would not suspend its commodities and services subsidies; instead it is working on “redistributing and offering it to those who deserve help”.
April 21, 2014
The new multi-billion dollar Al Zour refinery will be one of the largest oil refining plants worldwide.
These initiatives aims to boost the Kingdom’s potential for becoming the largest producer of solar energy in the world
On April 12, Iranian MP Ali Marvi quoted Oil Minister Bijan Namdar Zanganeh as saying that Iran will increase its crude oil output to 5.7 million barrels per day by the end of Iranian calendar year 1397 (March 2019).
April 20, 2014
The International Energy Agency revised its forecast for global oil demand in 2014 to 1.5 per cent which may impact further developments and investment in the sector in consequence.
Fuel smuggling is common across North Africa and its extent has increased in the chaotic aftermath of the Arab Spring.
April 17, 2014
Iran shares oil and gas fields with most of its neighbors, including Iraq, Kuwait, Qatar, as well as Oman and Turkmenistan.
Masdar Institute announced that its Institute Center for Microsystems (iMicro) will be gathering top delegates from the major global semiconductor industry leaders for an Open House in Abu Dhabi.
April 16, 2014
ADNOC Distribution today honored the winners of its internal health, safety and environment initiatives for 2013.
Oman Oil Marketing Company (omanoil) has created a unique business proposition for local Small and Medium Enterprises (SMEs) to operate its Car Care Centers across the Sultanate.
Libya prepared to resume oil exports Tuesday following a break of more than eight months, after autonomy-seeking rebels agreed to lift their blockade of ports in the country's east.
April 15, 2014
Lucky customers of ZOOM convenience stores operated by ENOC Retail on the Dubai Metro network now stand to win a daily prize of free commuting on the world’s largest driverless metro network for a year.