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THE ECONOMY - OIL AND GAS

TAQA recognised for bringing on next generation business leaders

Posted on 19/12/2013

TAQA, the Abu Dhabi based international energy company, has been recognised by one of the world's leading accountancy bodies for its work in bringing on the next generation of business leaders. The Institute of Chartered Accountants in England and Wales (ICAEW), a world leader in the accountancy and finance profession with over 140,000 members across the globe, has presented TAQA with its Excellence in the Development of the Country's Future Business Leaders award. Abdulla Al-Nuaimi, Vice ...  >>MORE

TAQA receives government approval for North Sea development

Posted on 17/12/2013

TAQA, the Abu Dhabi based international energy company, has received approval from the U.K. government for development of its Morrone field (block 9/23b) in the Central North Sea. The initial phase of development will consist of an 'extended reach well' drilled from the TAQA-operated Harding platform which lies 5 km north of the Morrone field. Morrone is expected to initially produce over 3,000 barrels of oil equivalent per day with first oil expected in the 3rd quarter of 2014. Pete Jones, ...  >>MORE

TAQA reshapes Abu Dhabi headquarters

Posted on 13/12/2013

TAQA, the international energy and water company based in Abu Dhabi, has undertaken a reorganisation at its headquarters to enhance efficiency. The measures will reduce general and administrative costs by more than US$20 million in 2014 and are part of a global initiative to position TAQA to deliver on its vision to be the leading international energy and water operator from Abu Dhabi. "The corporate centre has grown over recent years to enable us to manage TAQA's businesses across 11 ...  >>MORE

Enoc plans crude oil tanks in Fujairah

Posted on 13/12/2013

Dubai-based Emirates National Oil Company (Enoc) plans to build crude oil tanks in Fujairah, its Chief Executive Officer Saeed Khoory said on Thursday. Speaking to Emirates 24l7, Khoory said: "The focus is on the crude storage and we're studying putting half a million tonnes of storage tanks here in Fujairah.” The study is at the initial stage and hopefully the work on the project could begin next year, he added. Captain Mousa Murad, General Manager of Fujairah Port, said the emirate is also ...  >>MORE

Rolls-Royce wins key contract to help boost domestic oil production in UAE

Posted on 11/12/2013

Rolls-Royce, the global power systems company, has been awarded a strategic contract to supply Abu Dhabi Marine Operating Company (ADMA-OPCO) with power generation equipment and related services to help boost oil and gas processing at the Satah Al-Razboot (SARB) offshore project in the UAE. The contract was awarded by the Korean engineering, procurement and construction firm Hyundai Engineering and Construction (HDEC) and is the first Trent 60 gas turbine sale to a Korean EPC. The SARB ...  >>MORE

15 Eppco stations in Dubai to go self-service after midnight

Posted on 08/12/2013

Fifteen more Emirates Petroleum Product Company (Eppco) petrol service stations will operate on a self-service basis from midnight to 6am from Thursday. The self-service system will be implemented at Eppco stations located along Shaikh Zayed Road, Nadd Al Hamar, Lahbab Road in Jebel Ali Industrial Area, Dubai-Al Ain Road, Port Rashid Road, Al Mankhool Road, Al Ghusais, Hatta-Dubai Road, Al Aweer Road, Mirdif and Jumeirah Beach Road. The new system was introduced in these stations due to their ...  >>MORE

Yabhouni: We are ahead of a year full of challenge

Posted on 06/12/2013

Dr. Ali Obaid Al-Yabhouni, UAE Governor for OPEC, has expressed his pride for being appointed Chairman of the Board of Governors for the year 2014, by the 164th Meeting of the Conference of the Organisation of Petroleum Exporting Countries (OPEC), held in Vienna, Austria, on Wednesday. Commenting on his Twitter account, Al Yabhouni said, "We are ahead of a year full of challenge and uncertainty.' The UAE top oil official joined the ADNOC Group of Companies in 1992 and has held a wide range of ...  >>MORE

OPEC 164th meeting concludes: Appointment of Dr. Ali Obaid Al Yabhouni, UAE's OPEC Governor as Chairman of the Board of Governors for 2014

Posted on 05/12/2013

Vienna: The OPEC Secretariat issued the following release on its ministerial meeting yesterday: The 164th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Wednesday, 4 December 2013, under the Chairmanship of its President, Mustafa Jassim Mohammad Al-Shamali, Deputy Prime Minister and Minister of Oil of the State of Kuwait and Head of its Delegation. The Conference congratulated Bijan Namdar Zangeneh and Mustafa J.M. ...  >>MORE

TAQA subsidiary receives approval for Morocco listing

Posted on 05/12/2013

Jorf Lasfar Energy Company (JLEC), TAQA's wholly owned Moroccan subsidiary, has received approval to be listed on the Casablanca Stock Exchange. JLEC, which operates Morocco's largest power complex, is authorised by the Conseil D'ontologique des Valeurs Mobilieres (CDVM) to create a total of 2,234,638 new shares, offered at a price of MAD 447.5 with a nominal value of MAD 100. These shares represent 9.47% of JLEC and will be floated on the exchange. In addition to that, 4.74% of shares were ...  >>MORE

UAE Energy Minister says UAE and other OPEC members are committed to provide adequate crude supplies to consumers

Posted on 04/12/2013

Suhail bin Mohammed Farad Faris Al Mazrouei, UAE Minister of Energy, on Monday said the UAE and all other members of the Organisation of the Petroleum Exporting Countries (OPEC) are committed to provide consumers with adequate crude supplies, and expected global oil demand to increase by 1 million barrels a day in 2014 noting that the major part of the expected increase in demand will be met by non-OPEC members. Minister Al Mazrouie, in a statement to WAM ahead of the OPEC ministerial meeting, ...  >>MORE

Dolphin Energy Limited signs MOU with Nord Stream AG

Posted on 28/11/2013

Dolphin Energy Limited yesterday announced it had signed a Memorandum of Understanding (MoU) with Nord Stream AG, the company that is providing a new natural gas supply route from Russia to Europe. The MoU was signed in the presence of Dolphin Energy 's General Managers in the UAE and Qatar, Mr. Ibrahim Ahmed Al Ansaari, and Mr. Adel Ahmed Albuainain, as well as Nord Stream AG Directors Ruurd Hoekstra and Henning Kothe. The 5-year MoU will provide opportunities for both parties to exchange ...  >>MORE

UAE and Netherlands to increase cooperation in energy sector

Posted on 27/11/2013

The UAE Ministry of Energy and the Ministry of Economic Affairs of the Netherlands have signed a memorandum of understanding (MoU) on cooperation in the field of energy to exchange information on the activities, projects and technologies that will contribute to the strengthening of economic, trade and technical cooperation between the two countries. Dr. Matar Hamed Al Neyadi, Undersecretary at the Ministry of Energy signed the MoU on behave of Suhail bin Mohammed Al Mazrouei, Minister of ...  >>MORE

Dubai crude oil price for February 2014 delivery equal to average daily settlement price during December

Posted on 27/11/2013

The Department of Oil Affairs has announced that official price of Dubai crude oil, which will be delivered next February will be equal to the average daily settlement price of the DME Oman Crude Oil Financial Contract in Dubai Mercantile Exchange contracts traded during next month. The Department of Oil Affairs of the government of Dubai sets the price of Dubai crude oil in the markets in parallel with Oman oil prices, which reinforces the transparency of pricing process commitment and ...  >>MORE

Dana Gas awards contract for Zora offshore field

Posted on 19/11/2013

Dana Gas, the Middle East's leading regional private sector natural gas company, announced yesterday that Adyard Abu Dhabi, a subsidiary of Interserve Plc, has been awarded a US$17 million contract for the fabrication of an offshore platform for the Zora Field Development Project, which spans the territorial waters of Sharjah and Ajman. The platform is an important element in the overall scope of the Zora project, the aim of which is to extract the reserves from the Zora field through an ...  >>MORE

ADNOC announces new crude blend called Das, says export to start in July 2014

Posted on 13/11/2013

Abu Dhabi National Oil Company (ADNOC) has announced that it will blend its Lower Zakum and Umm Shaif crude oils into a new export crude called Das crude. The export of the Das crude is expected to start in July 2014, according to Ali Rashid Al-Jarwan, Chief Executive Officer of Abu Dhabi Marine Operating Company (ADMA-OPCO). The announcement of the new crude was made on Tuesday by Mr. Al Jarwan and Sultan Al Muhairi, Marketing and Refining Director, ADNOC, at a press conference on the ...  >>MORE

NDC awards Dh 1 bn contract for nine additional onshore drilling rigs

Posted on 12/11/2013

National Drilling Company (NDC) has signed an agreement with China Petroleum Technology and Development Corporation (CPTDC) to obtain 9 new land rigs, with a total value close to Dh one billion. In keeping with its pledge to support the role of Abu Dhabi National Oil Company (ADNOC) in maximising economic and social benefits form UAE oil and gas resources, the NDC is sustaining its commitment to progress and develop persistently, through expanding its rigs fleet substantially, so as to meet ...  >>MORE

HRH Prince Andrew urges energy industry to invest in human capital on day two of ADIPEC

Posted on 12/11/2013

His Royal Highness Prince Andrew, the British Duke of York, urged the global energy community to continue investing in its human capital during his opening address on day two of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the region's biggest gas and oil event that concludes on 13th of November. Stressing the solid and long-standing relationship between the U.A.E. and the U.K. in the field of oil and gas, Prince Andrew highlighted the growing importance of ...  >>MORE

Abu Dhabi plans US$14bn spending to boost oil output at Upper Zakum

Posted on 12/11/2013

Abu Dhabi plans to spend as much as US$14 billion to boost production at the UAE's largest oilfield. Abu Dhabi National Oil Company (Adnoc) made the disclosure yesterday as oil and gas projects worth billions of dollars were announced in the capital. Adnoc and its partners at the Zakum Development Company (Zadco) plan to boost production by 28 per cent to 750,000 barrels per day at the Upper Zakum field by 2017. The country's largest field has oil reserves estimated at 50 billion barrels and ...  >>MORE

Mubadala, IPIC venture to build LNG terminal

Posted on 12/11/2013

EmiratesLNG, a joint venture between International Petroleum Investment Company, or IPIC, and Mubadala Petroleum, will build and operate the Middle East's first land-based liquefied natural gas (LNG) re-gasification facility at Fujairah. The Abu Dhabi Executive Council has already approved the project. The EmiratesLNG team, integrated with LNG specialists from a number of leading consultants and contractors including Kogas, Poten & Partners and Technip ,with support from Adnoc's technical ...  >>MORE

ADNOC '&' its Group of Companies make their presence felt at ADIPEC 2013

Posted on 11/11/2013

Abu Dhabi National Oil Company "ADNOC" and its Group of Companies made a distinctive presence in the 16th session of Abu Dhabi International Petroleum Conference and Exhibition (ADIPEC), which kicked off yesterday at the Abu Dhabi National Exhibition Centre (ADNEC). Held under the patronage of President H.H Sheikh Khalifa bin Zayed Al Nahyan, ADIPEC 2013 was inaugurated by H.H. Sheikh Hazza bin Zayed Al Nahyan ,National Security Advisor, Vice Chairman of the Executive Council. After the ...  >>MORE

Adnoc, Masdar sign deal on CCUS projects

Posted on 11/11/2013

Abu Dhabi National Oil Company (Adnoc) and Masdar on Sunday signed a joint venture agreement for carbon capture, usage and storage (CCUS) in the presence of Sheikh Hazza bin Zayed Al Nahyan, National Security Advisor, and Vice Chairman of Abu Dhabi Executive Council. The joint venture agreement was signed at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec). The joint venture's first CCUS project consists of three core components. First, CO2 will be captured onsite at ...  >>MORE

TAQA sells its stake worth US$240 million in Dutch pipeline

Posted on 11/11/2013

TAQA, the international energy company from Abu Dhabi, has reached an agreement with PensionDanmark A/S, the Danish pension fund, to sell its stake worth about US$240 million in the Noordgastransport B.V. (NGT) natural gas pipeline in the Netherlands. NGT consists of approximately 470 kilometres of offshore pipeline with a daily gas capacity of around 42 million m3. TAQA acquired its 40% stake in the pipeline, which is operated by GDF Suez E'&'P, in 2009 from Royal DSM N.V. David Cook, TAQA's ...  >>MORE

Oil, gas, petrochemicals and power projects awarded in the GCC in the 12 months to November 2013 worth US$ 43 billion

Posted on 11/11/2013

Engineering, Procurement and Construction (EPC) Contracts worth US$43 billion have been awarded for projects in the Oil, Gas, Petrochemical and Power sectors in the GCC during the 12 months to November 2013, according to regional project tracking database, MEED Projects. Over 40 per cent of this total estimated amount was awarded by two major Saudi clients, Saudi Electricity Company (SEC) for 23 packages (including Jeddah South Thermal Power Plant and Shuqaiq Steam Power Plant) and Saudi ...  >>MORE

Plans in place to diversify UAE energy resources

Posted on 10/11/2013

UAE Minister of Energy Suhail bin Mohamed Faraj Fares Al Mazrouei said the UAE is working on diversifying its energy sources according to a strategic plan to produce an energy mix where nuclear power accounts for 25 per cent, renewable energy for five to seven per cent and natural gas for 67 to 70 per cent of the total demand on power. Al Mazrouei told WAM that Abu Dhabi National Oil Company is working on increasing its oil exports to 3.5 million barrels a day and its sour onshore and ...  >>MORE

BP Sharjah delivers 40% stake in Sajaa oil field after to Government of Sharjah, capping 35-year concession agreement

Posted on 08/11/2013

BP Sharjah Limited on Thursday delivered a 40% stake in the Sajaa oilfield to the Government of Sharjah after the end of the 35 year- interest concession agreement in a grand ceremony attended by H.H. Sheikh Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, and Chairman of Sharjah Oil Council (SOC), at SOC's premises. Sajaa Field was discovered in December, 1980 on Amoco's 100% working interest concession in Sharjah. The field is significant as it is both Sharjah's largest producing field ...  >>MORE

Energy Minister receives Peruvian counterpart

Posted on 08/11/2013

Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy of the UAE, on Thursday received the Peruvian Minister of Energy and Mines, Jorge Merino Tafur, at the Ministry of Energy in Abu Dhabi in presence of Peru's Consul General in the UAE, Carlos Tavera. In his remarks at the meeting, Minister Al Mazrouei outlined the UAE's policy for diversifying energy resources, and pointed out to its leading role in supporting all efforts to contribute to backing the global economic growth. Al ...  >>MORE

ADNOC announces its crude oil prices for October

Posted on 07/11/2013

Abu Dhabi National Oil Company (ADNOC) on Wednesday announced prices of its crudes for the month of October. A company statement said that Government Selling Prices (GSP) for crude oil FOB Abu Dhabi ports for the month of October are as follows: Murban US$112.45 per barrel, Lower Zakum US$ 112.20, Umm Shaif US$ 111.60, and Upper Zakum US$ 109.05 per barrel. – Emirates News Agency, WAM ...  >>MORE

Emarat renews Emoil's Terminal contract with Enoc

Posted on 07/11/2013

Emirates General Petroleum Corporation, Emarat has renewed the lease contract of Emoil's Petroleum Storage FZCO in Jebel Ali, to Emirates National Petroleum Company Limited Enoc, for the year 2014. Abdulrahman Qasim Al Ali, Commercial Sales Manager at Emarat, Managing Director Emoil Petroleum Storage, and Tayyeb Al Mulla, Managing Director, Supply, Trading and Processing at Enoc, signed the renewal contract in the attendance of Ibrahim Yacoob Al Tamimi,Terminals and Logistics Manager at ...  >>MORE

Dana Gas output up 17%

Posted on 05/11/2013

Dana Gas earning fell slightly to Dh102 million in the third quarter, down from Dh104 million in the same period last year on higher depreciation and higher royalty. However, gross revenue for the third quarter grew 21 per cent year-on-year to Dh623 million, the company said in a regulatory statement to Abu Dhabi Securities Exchange. The company said it was owed Dh2.78 billion in total trade receivables. In Egypt, it was owed Dh1.09 billion at the end of September, up from Dh960 million at the ...  >>MORE

UAE participates in Gas Exporting Countries' 15th ministerial meeting

Posted on 04/11/2013

Tehran: On behalf of Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, Dr Matar Al Niyadi, the undersecretary of the UAE Ministry of Energy headed on Sunday the UAE delegation at the Gas Exporting Countries' 15th ministerial meeting in Tehran. During the meeting, the audience reviewed a report presented by the Secretariat General of the Gas Exporting Countries, pertaining to gas markets, ways of developing them and possible impact of shale gas. The UAE delegation included UAE ...  >>MORE

Mansour bin Zayed opens two ADNOC green stations on Yas Island

Posted on 03/11/2013

H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, opened on Saturday two ADNOC environment-friendly and energy-efficient service stations - Yas 1 and Yas 2 - on Yas Island in Abu Dhabi. Suhail bin Mohammed Al Mazrouei, Minister of Energy, Abdulla Nasser Al Suwaidi, Director General of ADNOC, and Chairman of ADNOC Distribution, Abdullah Salim Al Dhaheri, CEO of ADNOC Distribution, and a number ADNOC top managers, attended the opening ceremony. ...  >>MORE

Mubadala Petroleum starts production at Ruby gas field in Indonesia

Posted on 31/10/2013

Mubadala Petroleum has commenced production and established a stable flow through the export pipeline of the Ruby gas field in Indonesia, according to a communique from the company yesterday. The Ruby gas field is located within the Sebuku Production Sharing Contract (PSC) in the Makassar Strait between the islands of Kalimantan and Sulawesi. The Ruby gas development project has been delivered safely, within budget and as planned in October 2013. Mubadala Petroleum and its partners, Total ...  >>MORE

Mubadala Petroleum's CEO optimistic about the future

Posted on 28/10/2013

The Chief Executive Officer, CEO, of Mubadala Petroleum, a wholly-owned subsidiary of Mubadala, is optimistic about the company's future development, according to an interview released yesterday by the organisers of the ADIPEC 2013 exhibition and conference, which takes place in Abu Dhabi early next month. The CEO, Maurizio La Noce, spoke first about the progress of work offshore Tanzania, where Mubadala Petroleum is in partnership with UK-based Ophir. "The East African margin is clearly an ...  >>MORE

Abu Dhabi’s energy fund IPIC repays US$2b acquisition loan

Posted on 25/10/2013

Abu Dhabi's state-owned fund International Petroleum Investment Co (IPIC) has repaid in full a US$2 billion loan that its unit acquired in 2011 to finance the purchase of a stake in Malaysian bank RHB Capital, banking sources aware of the matter said. The financing for the acquisition was provided by the seller of the stake, Abu Dhabi Commercial Bank (ADCB), the asset sale was widely seen as a means to shore up the capital base of the lender at the time. IPIC's majority-owned unit Aabar ...  >>MORE

ENOC honoured for contribution to the State of Energy Report

Posted on 23/10/2013

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy (DSCE), yesterday honoured Emirates National Oil Company (ENOC) for its contribution to the first edition of the State of the Energy Report. Sheikh Ahmed presented a memento to Saeed Khoory, Chief Executive Officer of ENOC, for the support extended to the report that was compiled by DSCE in partnership with the United Nations Development Programme and the Dubai Carbon Centre for Excellence. The report was ...  >>MORE

Al-Zeyoudi says UAE balances global energy supply, local energy growth and job creation

Posted on 18/10/2013

Daegu, South Korea: The Director of Energy and Climate Affairs, UAE Ministry of Foreign Affairs, Dr Thani Al Zeyoudi, said the world's leading energy exporters must find a way to balance global exports with local growth and job creation, in order to support long term economic and social development at home and abroad. The remarks were made during a high level panel held at the World Energy Congress (WEC) in Daegu, South Korea. Entitled Serving a triple agenda - International supply, local ...  >>MORE

UAE is addressing the nation's interconnected energy, water and food challenges as a matter of utmost priority: Director of Energy and Climate Affairs

Posted on 17/10/2013

Daegu, South Korea: The Director of Energy and Climate Affairs, UAE Ministry of Foreign Affairs, Dr Thani Al Zeyoudi, said that the UAE is addressing the nation's interconnected energy, water and food challenges as a matter of utmost priority. The remarks were made during a panel discussion during the World Energy Congress (WEC), currently taking place in Daegu, South Korea. Entitled Energy-Water-Food-Nexus, the panel addressed the interrelated issues of water scarcity against rapidly growing ...  >>MORE

UAE Under-Secretary of Energy says UAE leads the way in energy transition

Posted on 16/10/2013

Daegu: The UAE Under-Secretary of Energy, Dr. Matar Al Niyadi, has said the UAE is a leader in energy diversification and that its robust and diverse energy policy would ensure the country remains attractive for foreign investment and continues to support future economic development. The remarks were made during a high level panel held at the World Energy Congress (WEC) in Daegu, South Korea. Alongside a panel entitled: Transition - a country in a decade' Dr. Al Niyadi said the UAE.'s ...  >>MORE

UAE partners with World Energy Council for Abu Dhabi Sustainability Week

Posted on 15/10/2013

The U.A.E. yesterday signed a Memorandum of Understanding (MoU) with the World Energy Council (WEC), that will see the U.A.E. capital host the WEC Energy Leader Dialogue (WELD) during next January's Abu Dhabi Sustainability Week, ADSW. In the presence of U.A.E. Minister of Energy, Suhail Al Mazrouei, and Marie-Jose Nadeau, Chair of the World Energy Council, the MoU was signed by Dr. Matar Al Niyadi, Under-Secretary of the Ministry of Energy, and Dr. Thani Al Zeyoudi, Director of Energy and ...  >>MORE

UAE Minister stresses commitment to energy leadership

Posted on 15/10/2013

Suhail bin Mohammed Faraj Faris Al Mazrouei, U.A.E. Minister of Energy, spoke yesterday of the U.A.E. 's commitment to delivering energy to the world despite the global challenges of rising energy demands and increasing pressure on natural resources. The message was delivered during a keynote address at the World Energy Congress (WEC), the world's pre-eminent energy debate currently being held in Daegu, South Korea. In a wide ranging speech, Al Mazrouei touched on the need for innovation ...  >>MORE

UAE takes part in World Energy Congress in Daegu, South Korea

Posted on 14/10/2013

The South Korean Prime Minister, Jung Hong-won, yesterday opened the 22nd World Energy Congress, held in Daegu from October 13 to 17, with the participation of the United Arab Emirates. The UAE high-level delegation led by Suhail bin Mohammed Al Mazrouei, UAE Minister of Energy. The event marks one of the biggest ever international gatherings of energy ministers in Asia, underscoring the importance of the Congress in addressing global energy issues. During the conference, the UAE delegation ...  >>MORE

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Quick List

TAQA recognised for bringing on next generation business leaders


TAQA receives government approval for North Sea development


TAQA reshapes Abu Dhabi headquarters


Enoc plans crude oil tanks in Fujairah


Rolls-Royce wins key contract to help boost domestic oil production in UAE


15 Eppco stations in Dubai to go self-service after midnight


Yabhouni: We are ahead of a year full of challenge


OPEC 164th meeting concludes: Appointment of Dr. Ali Obaid Al Yabhouni, UAE's OPEC Governor as Chairman of the Board of Governors for 2014


TAQA subsidiary receives approval for Morocco listing


UAE Energy Minister says UAE and other OPEC members are committed to provide adequate crude supplies to consumers


Dolphin Energy Limited signs MOU with Nord Stream AG


UAE and Netherlands to increase cooperation in energy sector


Dubai crude oil price for February 2014 delivery equal to average daily settlement price during December


Dana Gas awards contract for Zora offshore field


ADNOC announces new crude blend called Das, says export to start in July 2014


NDC awards Dh 1 bn contract for nine additional onshore drilling rigs


HRH Prince Andrew urges energy industry to invest in human capital on day two of ADIPEC


Abu Dhabi plans US$14bn spending to boost oil output at Upper Zakum


Mubadala, IPIC venture to build LNG terminal


ADNOC '&' its Group of Companies make their presence felt at ADIPEC 2013


Adnoc, Masdar sign deal on CCUS projects


TAQA sells its stake worth US$240 million in Dutch pipeline


Oil, gas, petrochemicals and power projects awarded in the GCC in the 12 months to November 2013 worth US$ 43 billion


Plans in place to diversify UAE energy resources


BP Sharjah delivers 40% stake in Sajaa oil field after to Government of Sharjah, capping 35-year concession agreement


Energy Minister receives Peruvian counterpart


ADNOC announces its crude oil prices for October


Emarat renews Emoil's Terminal contract with Enoc


Dana Gas output up 17%


UAE participates in Gas Exporting Countries' 15th ministerial meeting


Mansour bin Zayed opens two ADNOC green stations on Yas Island


Mubadala Petroleum starts production at Ruby gas field in Indonesia


Mubadala Petroleum's CEO optimistic about the future


Abu Dhabi’s energy fund IPIC repays US$2b acquisition loan


ENOC honoured for contribution to the State of Energy Report


Al-Zeyoudi says UAE balances global energy supply, local energy growth and job creation


UAE is addressing the nation's interconnected energy, water and food challenges as a matter of utmost priority: Director of Energy and Climate Affairs


UAE Under-Secretary of Energy says UAE leads the way in energy transition


UAE partners with World Energy Council for Abu Dhabi Sustainability Week


UAE Minister stresses commitment to energy leadership


UAE takes part in World Energy Congress in Daegu, South Korea