Oil & Energy

Featured Story:

Another option that has been pushed forward enthusiastically in recent weeks is selling gas to the international companies that have land-based liquefaction facilities in Egypt.
The problem with the Turkish deal is twofold: the delicate political relationship between Israel and Turkey, and the handling of the negotiations on the parts of the corporate bodies in Turkey.

March 8, 2012

Jordanian government is moving forward with a proposal to import liquid gas from the Gulf countries and store it on an offshore steamliner in the Port of Aqaba
08:06 GMT

Jordan is accelerating efforts to secure liquid gas from the Arab Gulf states in light of a Sinai blast earlier this week that cut the Kingdom’s main energy source for the 13th time in little over a year.

Abdulla Hassan Al Noman, Manager, Retail Sales Operations at Emarat with the winning team
06:22 GMT

The Retail Sales Department at Emirates General Petroleum Corporation "Emarat" recently organized a cricket championship for the employees at its service stations.

March 7, 2012

The semi-official ISNA news agency stated a key condition: Such a visit would require an agreement between the two sides on guidelines
06:42 GMT

Iran gave permission for inspectors to visit a site suspected of secret atomic work as a result of the world powers agreement to a new round of talks with Tehran.

March 6, 2012

Egypt’s 20-year gas deal with Israel, signed during the Mubarak era, is unpopular with some Egyptians, with critics accusing Israel of not paying enough for the fuel
07:08 GMT

An Egyptian pipeline carrying gas to Jordan and Israel was bombed on Monday, the 13th such attack since president Hosni Mubarak was toppled in 2011, witnesses said.

March 5, 2012

During the event
11:45 GMT

Abu Dhabi National Energy Company, the global integrated energy company, today announced its sponsorship of Zayed University’s 4th Women as Global Leaders Conference.

Brent fell 2 per cent on Friday after Saudi Arabia denied a media report of an explosion at a Saudi oil pipeline that had helped Brent crude prices shoot up $5 to $126.20
10:25 GMT

Brent crude climbed back near $124 today, rebounding from a drop of 2 per cent the previous session as another refiner announced cuts to Iranian imports.

US sanctions on Iran’s oil buyers, to begin July 1, have already forced its customers in Europe and Asia to curb purchases from the world’s fifth-largest crude exporter
08:29 GMT

Saudi Arabia has raised oil exports and the US is considering releasing crude from its strategic reserves as oil prices hit nine-month highs and concerns deepened over Iran’s nuclear programme.

March 4, 2012

The price hike came as a bid for citizens to carry part of the burden of rising electricity generation costs due to ongoing cuts in Egyptian gas supplies
13:17 GMT

The Electricity Regulatory Commission (ERC) stood by its claims that 92 per cent of households and 89 per cent of traders are exempted from a recent 9 per cent rise in electricity prices.

Al Noor Fun Fair
12:44 GMT
(press release)

Emirates National Oil Company raised funds for Al Noor Training Centre for Children with Special Needs.

Iran is looking to discover 2.5 billion barrels of recoverable oil and 23 trillion cubic feet of gas in the course of the country's fifth five-year development programme (2010-2015) now under way
11:09 GMT

Iran has discovered one of its biggest oil fields with high quality crude in a southern province, the semi-official Mehr news agency quoted an official as saying on Saturday.

Mr. Hussain Kazim, Manager Corporate Communications at Emarat
10:10 GMT

Emirates General Petroleum Corporation will participate on a high note at the UAE Career Fair 2012, which is due to be held at the Dubai World Trade Center.

During the Shell Contest Day
07:52 GMT
(press release)

138 students representing 46 teams from all over Kuwait participated yesterday in Shell Contest Day.

Kuwait Energy CEO, Sara Akbar
07:17 GMT
(press release)

Kuwait Energy announced a new oil discovery, the El Salmiya-1 well, in the Abu Sennan concession located in the Western Desert in Egypt.

March 1, 2012

Dr. Sultan Ahmed Al Jaber, Chief Executive Officer of Masdar; Vicente Gonzalez Loscertales, BIE Secretary-General
14:04 GMT
(press release)

The Bureau International des Expositions visited Masdar during their first evaluation tour of the UAE, part of the country’s official campaign to host the 2020 World Expo in Dubai.

Dr. Rahma bin Mohamed Al Shamsi, Retail Sales Manager at Emarat
05:53 GMT

Emirates General Petroleum "Emarat" has successfully completed its participation at Gulf Food 2012, which was held at Dubai International Exhibitions and Conferences Center recently.