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 3, 2012

Power pylons in Iraq. Image source: Iraq Businessnews
15:21 GMT

Iraq and Syria's power politics come under the light: Iraq’s Ministry of Electricity denied on Monday that power provided to Syria was from its northern province of Mosul, adding that it was instead from Iran.

Dr. Rahma bin Mohamed Al Shamsi, Retail Sales Manager at Emarat
08:21 GMT

Emirates General Petroleum Corporation, Emarat, has signed an agreement with one of the most prestigious investors in the Sultanate of Oman.

The 17 suppliers who were honoured at ENOC’s Strategic Suppliers Recognition Awards Ceremony
08:13 GMT
(press release)

Emirates National Oil Company ENOC awarded 17 suppliers for their outstanding performance and business contribution in 2011 at the first ”ENOC Strategic Suppliers Recognition” awards ceremony.

July 2, 2012

During the event
09:17 GMT
(press release)

Emirates National Oil Company (ENOC) has further strengthened its portfolio of customer-focused initiatives with the introduction of Zajel’s courier services across its ENOC/EPPCO service stations.

July 1, 2012

CEO of Oman Oil Marketing Company, Eng. Omar bin Ahmed Qatan receiving the award
07:08 GMT
(press release)

CEO of Oman Oil Marketing Company, Eng. Omar bin Ahmed Qatan received an award from Castrol in recognition of the company’s excellent performance in the region’s energy business.

June 27, 2012

Lebanon wages a protest on power cuts
09:58 GMT

Al-Jamaa Al-Islamiya held a demonstration to denounce severe power cuts in Sidon, but refrained from burning tires, a phenomenon that has become the symbol of protest in Lebanon.

During the event
05:51 GMT
(press release)

Modhesh continues to bring smiles to children this summer and even adults were entertained by his presence when he visited the ENOC office in Oud Mehta to cheer on the latest recipient of the DSS Employee Surprises.

June 25, 2012

OCTAL - Art of Beauty
09:27 GMT
(press release)

15 women from Salalah graduated in the fields of cosmetology and hairdressing from the Art of Beauty Institute sponsored by OCTAL Petrochemicals in partnership with the Omani Women’s Association.

UAE petrol stations to be automated for filling and payment
08:45 GMT

Self-service for petrol stations across the UAE, for payment and filling, are the order of the day with manual help going out of fashion globally.

ENOC receiving the award
08:24 GMT
(press release)

Emirates National Oil Company has won the Superbrands laurel for the seventh consecutive year.

June 24, 2012

University of San Francisco Visits ENOC
07:43 GMT
(press release)

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

Jorf Lasfar Power Complex Expansion
06:42 GMT

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

95-octane graded fuel fell by LL500 from last week and 98-octane graded fuel fell by LL600
10:16 GMT

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

During the event
11:16 GMT
(press release)

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 - PET Recycling Program
10:31 GMT
(press release)

OCTAL recently kicked-off the first-of-its-kind PET water bottle recycling program at the British School Salalah.