Oil & Energy
April 25, 2012
A dispute between the Jordanian Electric Power Company (JEPCO) and its employees was resolved ending a 17-day strike by the workers.
April 24, 2012
Crude oil came under heavy selling pressure hitting the lowest level in 2 weeks as ongoing concerns over the sovereign debt crisis in the euro zone.
OCTAL Petrochemicals employees planted 50 native Frankincense trees at the company’s 47-hectare PET Complex in the Salalah Free Zone in honor of World Earth Day 2012.
Iran has disconnected its main crude export terminal as well as its oil ministry from the Internet to avoid being attacked or manipulated by malware.
The Jordanian government will raise electricity tariffs to counter an expected loss of more than JD1.5 billion in the energy sector resulting from the halt in Egyptian gas supplies.
April 23, 2012
Most Israeli officials downplayed Egypt's decision to terminate a natural gas supply to Israel, calling it a business dispute, not a politically motivated one.
Around 200 Jordanian Electric Power Company (JEPCO) workers gathered outside the Prime Ministry on Sunday to protest against what they called unfair working conditions.
April 22, 2012
ADNOC & its Group of Companies are gearing up for a strong participation in the upcoming Offshore Technology Conference (OTC 2012) which will take place in Houston, USA, 30 April to 3 May, 2012.
April 19, 2012
The president of the Jordanian Electric Power Company voiced hope that the dispute between the company and its workers would be resolved within a day.
Emirates General Petroleum Corporation "Emarat" has announced the first and second lists of winners of IPad 2 GB16 in its recently launched promotional campaign "Shop and Drive".
April 18, 2012
Fuel prices in Lebanon this Wednesday remained unchanged from the previous week.
Emirates General Petroleum Corporation "Emarat", in cooperation with LG, has launched an innovative promotional campaign.
April 17, 2012
The Dow Chemical Company recently appointed Moosa AL-Moosa as General Manager for the United Arab Emirates, reiterating its commitment to the United Arab Emirates and the Middle East region.
A dispute between the Central Electricity Generating Company (CEGCO) and its employees was resolved on Sunday after a two-hour meeting at the labour ministry.
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.