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Oil and Renewables

Oil and Renewables latest

ENOC Acting GCEO Quote – 54th Eid Al Etihad 2025
November 28th, 2025 - 07:01 GMT

ENOC Acting GCEO Quote – 54th Eid Al Etihad 2025

: “Eid Al Etihad embodies the founding vision of our nation, a vision built on unity, determination, and collective effort. On the fifty-fourth Eid Al Etihad, ENOC Group renews its commitment to serving the nation and supporting its communities through the “Hand in Hand” initiative under the Year of Community 2025, reaffirming its role in strengthening social cohesion, solidarity, and shared responsibility. As a leading and fully integrated global energy player, our role extends beyond driving economic progress to supporting society in all its diversity. The UAE’s strength lies in ...
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OPEC and non-OPEC members agreed in early December to trim production by 1.2 million barrels a day from Jan. 1, in a bid to shore up sagging prices. (Shutterstock)
December 24th, 2018 - 09:35 GMT

OPEC: Oil Prices to Rebalance in 2019

Saudi Arabia and Russia both saw their crude oil output reach record high levels in October, with 10.7 million barrels per day (mbpd) and 11.4 mbpd, respectively. (Shutterstock)
December 24th, 2018 - 09:20 GMT

Brent Crude Exceeds $55 per Barrel

Suspension of operations at the oilfield has reportedly reduced crude oil production by some 315,000 barrels per day. (Shutterstock)
December 19th, 2018 - 09:08 GMT

Libya's Halted Oil Field Costs the Economy $32.5 Million per Day

During the event
December 19th, 2018 - 09:05 GMT

Oman Oil Marketing Company Awarded ‘ACCA Approved Employer’ Certificate

Larijani said, “government should be downsized. Once the electronic government is launched precisely, giant steps could be taken for downsizing the government.” (Shutterstock)
December 18th, 2018 - 09:05 GMT

Iran's 2019 Budget to Wean Itself Off Oil

It is a joint venture formed by Qatar Petroleum with a 70 percent interest, while ExxonMobil has a 17.6 percent interest, and ConocoPhillips has a 12.4 percent interest. (Shutterstock)
December 18th, 2018 - 07:38 GMT

Qatar to Pump $20 Billion in US Oil and Gas Sectors

During the event
December 18th, 2018 - 07:36 GMT

Shell Intilaaqah’s ‘Aspire and Inspire’ Programme Introduces Omani Entrepreneurs to Cash Crisis Management

Iraq’s booming oil output has come under increasing scrutiny from other producers. (Shutterstock)
December 18th, 2018 - 07:31 GMT

Iraq to up Its Oil Production to 5 Million Bpd in 2019

In 2018, Shell successfully hosted 11 courses across the Sultanate.
December 17th, 2018 - 10:43 GMT

Shell Continues to Empower and Enhance the Skills of Omanis Through Its Professional Courses

Rosneft and the National Iranian Oil Company (NIOC) signed a road map for strategic cooperation in oil and gas in Iran—cooperation which Rosneft’s chief executive Igor Sechin said would involve a total of US$30 billion of investments. (Shutterstock)
December 17th, 2018 - 09:11 GMT

Russia's Rosneft Walks out of $30 Billion Joint Oil and Gas Projects With Iran

Oman Oil Marketing Company- Optimo Roadshow
December 16th, 2018 - 06:34 GMT

Oman Oil Marketing Company Rolls-Out Special Optimo Engine Oils Roadshow in Mabela Industrial Area

The EQUATE Group CFO Dawood Al-Abduljalil
December 13th, 2018 - 01:01 GMT

Equate Group Completes Its Facilities’ Amendment and Extension Exercise

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