Oil & Energy
June 24, 2012
Emirates National Oil Company ENOC received MBA students from the University of San Francisco, who were in Dubai to gain insights on doing business in the Middle East.
June 21, 2012
Abu Dhabi National Energy Company, TAQA, announced that its wholly-owned subsidiary, Jorf Lasfar Energy Company 5&6 SA, has signed financing arrangements for USD 1.4 billion equivalent of 16-year.
June 20, 2012
Gasoline prices continued to fall this week with the price of 95-octane graded fuel reaching LL32,700 and that of 98-octane graded fuel reached LL33,300.
June 19, 2012
Horizon Terminals has signed a 10-year Islamic term financing facility of US$100 million with Standard Chartered Bank, Emirates NBD and Noor Islamic Bank.
June 18, 2012
OCTAL recently kicked-off the first-of-its-kind PET water bottle recycling program at the British School Salalah.
June 14, 2012
Oil revenue in the Islamic Republic may have fallen by nearly one third, or $35 billion, on the back of a slowdown in exports and declining prices.
For some motorists, the timing of the government’s Tuesday night decision to raise the price of 90-octane gasoline was “inappropriate” and the new price is way “too high”.
Emirates National Oil Company marks a significant first this summer by sponsoring the much-awaited entertainment and shopping fiesta, the Dubai Summer Surprises.
June 12, 2012
Emirates Gas won Dubai Chamber’s CSR Label award for the second consecutive year for its distinguished corporate social responsibility practices.
The Iraqi government has approved an agreement paving the way for the construction of a long-awaited gas pipeline to Jordan.
June 11, 2012
A huge surplus of oil has knocked oil down towards double digits, Opec's president said on Monday, and a level of $100 to $120 a barrel is more reasonable.
June 10, 2012
Saudi Arabia pumped 9.8 million barrels per day (bpd) of crude oil in May, cutting output by 300,000 bpd from the month before, an industry source said.
In collaboration with Oman Green Awards, Oman Oil Marketing Company honored corporations and individuals with exceptional vision and achievements in the field of environmental conservation.
The Carbon Disclosure Project held two events to raise awareness about its carbon reporting programmes in Abu Dhabi and Dubai, in collaboration with Masdar.
June 7, 2012
Algerian state energy company Sonatrach plans to increase its investment to $80 billion over the next five years as the Opec member country seeks to expand its gas.