Thursday, February 4th, 2010
Crude oil production in the UAE in Dec-ember rose marginally over the previous month to 2.28 million barrels per day (bpd) with the country's compliance with production cuts previously announced ...
Thursday, February 4th, 2010
GE Oil & Gas has been awarded a contract worth over $200 Million, by Hyundai Engineering & Construction Company (HDEC), to supply eight gas turbines and related services, for the ...
Thursday, January 21st, 2010
Global energy demand is expected to be 35 percent higher in 2030 than it was in 2005
Bio-fuel produced from algae could be a meaningful part of the solution
Growing algae consume ...
Monday, January 18th, 2010
Pretoria - South Africa has signed up as a full member of the International Renewable Energy Agency (Irena) which focuses on global use of renewable energy.
Energy Minister Dipuo Peters signed ...
Monday, January 18th, 2010
H.E. the Deputy Prime Minister and Minister of Energy and Industry Abdullah bin Hamad Al Attiyah toured Monday the exhibition established on the sidelines of the 3rd World Future Energy ...
Thursday, September 10th, 2009
US light sweet crude rose $0.85 to $72.16 in Asian trading
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World oil demand is expected to grow by 900,000 barrels to 84.6million barrels per day (mbd) in 2010, and return ...
Tuesday, August 18th, 2009
The price of oil fell to its lowest in more than two weeks because of decreased demand and growing stockpiles in the US to ensure sufficient supplies during the North ...
Wednesday, July 29th, 2009
Dolphin Energy of Abu Dhabi, in a move to increase its Qatari gas supply by one billion cubic per feet per day to meet growing UAE and Omani demand and ...
Friday, July 17th, 2009
Gasco awards contracts worth Dh34bn for integrated gas systems project
Abu Dhabi Gas Industries Ltd. (GASCO) has confirmed the award of the contracts for Engineering, Procurement, Construction and Commissioning (EPC) works ...
Monday, July 13th, 2009
TNK-BP closed the necessary transactions to take near-complete control over the shares in the Lisichansk refinery, a top producing refinery in Ukraine.
The refinery, located near the eastern border in Ukraine, ...
Monday, July 6th, 2009
France's Total and China National Petroleum Corporation plan to bid for two large oil blocks being auctioned in Venezuela, instead of one in which they had already shown interest.
The sources ...
Monday, June 15th, 2009
Over the weekend the Movement for the Emancipation of the Niger Delta (MEND) said that it had attacked more than one facility belonging to US major Chevron in the Niger ...
Wednesday, June 10th, 2009
)))Abu Dhabi official crude selling price down 52.06%
The official selling price of Abu Dhabi's crude oil grades averaged US$59.49 a barrel in May, down 52.06 per cent from an average ...
Wednesday, March 25th, 2009
The price of OPEC basket of twelve crudes stood at 50.44 dollars a barrel on Tuesday, compared with $50.18 the previous day, according to OPEC Secretariat calculations
-GNPC announces discovery of ...
Wednesday, March 18th, 2009
LOS ANGELES, March 16, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) and Mubadala Development Company (Mubadala), a business development and investment company based in Abu Dhabi, announced today that ...
Monday, December 15th, 2008
Light, sweet crude for January delivery was up $3.24 to $49.52 a barrel in electronic trading on the New York Mercantile Exchange by mid-afternoon in Europe. The contract briefly reached ...
Friday, December 5th, 2008
Crude oil prices slumped close to 40 dollars a barrel in trading on Today. The US expects a steep drop in energy demand. Oil has fallen 70 percent since reaching ...
Wednesday, November 26th, 2008
The PNG Government and International Petroleum Investment Company (IPIC), an investment company wholly owned by the Abu Dhabi Government, have announced today that they have entered into an agreement whereby ...
Thursday, October 23rd, 2008
OMV Aktiengesellschaft received a notice concerning a change effective as of October 15, 2008 in the number of OMV shares owned by International Petroleum Investment Company (IPIC) from Abu Dhabi. ...
Wednesday, October 8th, 2008
LOS ANGELES, Oct. 8, 2008 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today the signing of a preliminary agreement with Abu Dhabi National Oil Company (ADNOC) to appraise and ...
Wednesday, October 8th, 2008
Abu Dhabi said it remains committed to long-term projects in its overseas oil investments but would favour low equity in the targeted ventures. The International Petroleum Investment Company (Ipic), the ...
Thursday, September 25th, 2008
Abu Dhabi, UAE - Abu Dhabi National Energy Company PJSC (TAQA), a global energy company, today announces that it has agreed the purchase of EnCore Oil Nederland B.V., a wholly ...
Tuesday, September 2nd, 2008
London, United Kingdom (2 September 2008) - AMEC plc, the international engineering and project management company, has been awarded a five-year programme management consultancy (PMC) contract by Zakum Development Company ...
Friday, August 22nd, 2008
Abu Dhabi, UAE : International Petroleum Investment Company (IPIC) of Abu Dhabi (UAE) and Borealis signed Memorandum of Understanding with Uzbekistan’s State Joint-Stock Company (Uzkimyosanoat) to conduct a feasibility study ...
Thursday, May 1st, 2008
The Abu Dhabi National Energy Company TAQA yesterday reported financial results for the first quarter 2008.
Since first quarter 2007 TAQA has made a number of acquisitions which have been fully ...
Monday, March 10th, 2008
LOS ANGELES, March 10, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today the signing of an agreement with Abu Dhabi's International Petroleum Investment Company (IPIC) for joint participation ...
Wednesday, February 27th, 2008
NAPLES, Fla.--(BUSINESS WIRE)--Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced the commencement of an initial application today of the company’s patented Nansulate® coatings by Abu Dhabi ...
