Oil & Energy
April 16, 2012
Marking its ambitious retail expansion plan, Oman Oil Marketing Company (omanoil) has opened the first filling station and ahlain convenience store of 2012 in Aqar New, located in Al-Batinah Governorate.
Oil fell to near $102 a barrel Monday in Asia after negotiators said meetings over Iran's nuclear programme last weekend began on a positive note.
Iraq has signed a contract to buy 250 megawatts of electricity per day from UAE's Oilfield Services, the Electricity Ministry said.
April 15, 2012
Kuwait Energy announced a new exploration success with their West Ahmad-1X oil well, located in Area A in the Gulf of Suez, Egypt, adjacent to the Shukheir North West Field.
An ongoing, open-ended strike by electricity workers is hurting the company’s finances.
April 12, 2012
Jordan and Qatar held further talks on a potential gas deal as to wean the Kingdom off of unstable Egyptian gas supplies.
April 11, 2012
Mr. Abdulraoof Abdul Aziz, Manager, Dealer Sales Operations at Emirates General Petroleum Corporation, praised the corporation’s employees at various stations in Dubai and the Northern Emirates.
The UAE’s hydrocarbon export earnings are expected to climb to their highest ever level of more than $122 billion in 2012.
April 10, 2012
Lebanon’s public transportation unions said Monday they would proceed with a strike scheduled for April 19.
Emirates Gas conducted a bulk LPG installation safety workshop for Civil Defence officials of all Emirates in the UAE at the Civil Defence Institute in Al Aweer.
Emirates General Petroleum Corporation "Emarat" recently took an important step in expanding its international expansion network which was established to market the Corporation's high quality oils products.
The number of striking workers increased to more than 2,000 on Monday from around 1,300 a day earlier.
EQUATE Petrochemical Company said that its annual sales to local Kuwaiti plastic manufacturers have increased by over 300% during 1998 to 2011.
April 9, 2012
Jordanian Electric Power Company workers began an open-ended strike on Sunday, demanding improved living conditions.
April 8, 2012
EQUATE Petrochemical Company has named Mohammad Husain as its President & CEO, succeeding Hamad Al-Terkait who served in that role from 2001.