UAE, US are committed to stronger energy partnership

Friday, February 26th, 2010

The UAE is looking forward to maintain its close cooperation with US oil companies so as to tap their advanced technology and experiences especially in renewable energy, H.E. Mohammed bin ...


UAE Crude oil production rose in December

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 ...


Sheikh Mohammed announces new oil discovery in Dubai

Thursday, February 4th, 2010

H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai today announced the new oil discovery in Dubai stressing that the discovery will ...


UAE support for renewable energy applications

Monday, January 18th, 2010

The UAE has urged the initiation of energy efficiency measures to meet future demands and called for a joint action to set up offices of renewable energy agency in ...


3rd World Future Energy Summit

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 ...


Oil News from around the web, World oil demand is expected to grow by 900,000 barrels to 84.6million barrels per day (mbd) in 2010; China is now the world’s second largest oil importer

Thursday, September 10th, 2009

US light sweet crude rose $0.85 to $72.16 in Asian trading -------------------- World oil demand is expected to grow by 900,000 barrels to 84.6million barrels per day (mbd) in 2010, and return ...


Crude oil for September 2009 delivery dropped down $1.61 to $65.62 a barrel in after-hours electronic trading on the New York Mercantile Exchange. ;London Brent fell $1.33 to $68.55 a barrel on London’s ICE Futures Europe exchange ; Dolphin Energy of Abu Dhabi, in a move to increase its Qatari gas supply by one billion cubic per feet per day

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 ...


Oil News from around the web, Crude oil for July 2009 delivery dropped $0.26 to $72.42 a barrel in after-hours trading on the New York Mercantile Exchange ,Brent crude for July 2009 delivery gained $0.99, or 1.4%, to $71.79 on 11 June on London’s ICE Futures Europe exchange

Friday, June 12th, 2009

The IEA raised its global estimate for daily oil demand by 120,000 barrels to 83.3 million barrels in its monthly. The increase was driven by the US and China. Consumption ...


Oil News from around the web, US crude fell $0.69 to $57.93 a barrel ; OPEC Cuts Forecast for Oil Demand as Economy Shrinks; Deregulation of diesel and other ancillary products in Nigeria

Friday, May 15th, 2009

)))))))))Crude oil prices fell 69 cents to $57.93 per barrel. Heating oil prices dropped 0.0262 cents to $1.4685 per gallon. Reformulated blendstock gasoline dropped 0.0152 cents to $1.7085 per gallon. ...


Flowserve Opens Dubai Gulf Free Zone

Thursday, March 26th, 2009

Quick Response Center to Support Middle East and Arabian Gulf Region Customers in the Oil and Gas, Petrochemical, Power, Water, Desalination, Chemical and Other Industries Capabilities Include Pump and Seal Manufacturing ...


OPEC Revenues Fact Sheet

Wednesday, March 11th, 2009

OPEC Oil Export  Revenues   Based on projections from the EIA March 2009 Short-Term Energy Outlook (STEO), members of the Organization of the Petroleum Exporting Countries (OPEC) could earn $383 billion of net ...


Exploration & Exploitation News,Oil & Gas w/e 5/12

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 ...


ÖIAG/IPIC consortium increased shareholding in OMV to 50.7%

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. ...


Abu Dhabi National Energy Company; Purchase of EnCore Oil Nederland B.V.

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 ...


AMEC wins five-year offshore programme management consultancy contract, Abu Dhabi

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 ...


IPIC and Borealis signed Memorandum of Understanding with Uzbekistan’s State Joint-Stock 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 ...


Industry Newsbite for w/e 20 July

Friday, July 18th, 2008

> Ghana to receive 30 million cubic metres of gas for power generation Accra, July 17, GNA - Ghana will soon receive 30 million cubic metres of gas from Nigeria for ...


Dana Gas investing over US$ 500 million in 2008

Tuesday, May 20th, 2008

Major projects and operations underway in Northern Iraq, Egypt, UAE Company looks to expand with new business in GCC and North Africa Dana Gas PJSC, the Middle East’s first and ...


UAE - Qatar Dolphin project comes in at US$5bn

Monday, May 12th, 2008

The UAE and Qatar have pumped nearly US$5 billion (Dh18.3bn) into the Dolphin project, which involves the first major trans-Gulf gas pipeline and one of the world's largest natural gas ...


Dolphin project

Thursday, May 8th, 2008

More than 500 officials and oil executives from the UAE and other countries will converge on the giant Qatari Ras Lafan industrial city next week for the formal inauguration of ...


UAE’s Umm al-Qaiwain commences gas production

Wednesday, May 7th, 2008

H.H. Sheikh Saud Bin Rashid Al Mualla, Crown Prince of Umm al-Qaiwain (UAQ), a part of the UAE's seven-emirate federation, announced that it commenced production of up to 92 MMscfd ...


Dolphin Energy to deliver gas to Sharjah

Monday, April 21st, 2008

Dolphin Energy Limited announced yesterday that the company is supplying the Emirate of Sharjah in the UAE with gas for the first time from April 18. The gas is being ...


Dana Gas Builds Strong Foundations for Growth

Sunday, April 6th, 2008

Company AGM Reviews First Year of Operations and Expansion Plans for Coming Year Sharjah, 6 April 2008 Dana Gas PJSC, the Middle East’s first regional private sector natural gas company, reviewed the ...


Occidental Announces Joint Investment Agreement With Abu Dhabi

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 ...


Industrial Nanotech, Inc. Announces Commencement of Project at GASCO Gas Processing Plant in Abu Dhabi, UAE

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 ...