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THE ECONOMY - OIL AND GAS

Energy Ministry announces launch of second issue of UAE Energy Status Report for 2016

Posted on 16/06/2015

The Ministry of Energy yesterday announced the issuing of the second UAE Energy Status Report 2016, confirming that the report will be launched on the 22nd October. The report will focus on the renewable energy contributions made by both private and public institutions towards the sustainable energy development of the nation. The report's second edition is supported and quality assured by the United Nations Development Programme, UNDP. According to Suhail bin Mohammed Faraj Faris Al Mazrouei, ...  >>MORE

ADNOC Distribution announces further price reductions for refilling of LPG Cylinders across Northern Emirates

Posted on 12/06/2015

ADNOC Distribution has announced further price reductions for the refilling of Liquefied Petroleum Gas, LPG, cylinders of 25lbs capacity at its service stations in the Northern Emirates, including Sharjah, Ajman, Umm Al Qaiwain, Ras al-Khaimah and Fujairah. Effective from 8th June, ADNOC Distribution has reduced the price to Dh29 per 25lb cylinder from the earlier marked retail price of Dh31. Khalid Hadi, Vice-President of Marketing and Corporate Communications, ADNOC Distribution, said, "In ...  >>MORE

NDC signs contracts worth Dh2 billion to own 14 new rigs

Posted on 08/06/2015

The National Drilling Company, NDC, has signed contracts to own 14 new rigs with a total value of about US$543 million (Dh2 billion). The contracts were signed by Abdullah Saeed Al-Suwaidi, Chief Executive Officer of the Abu Dhabi National Drilling Company and by the CEOs of the other companies. In a press statement yesterday, Al-Suwaidi said that the contracts fall within the strategic expansion plans being implemented by the company in response to the growing demand from client companies ...  >>MORE

Wireless credit card machines at Adnoc petrol stations from September 1

Posted on 07/06/2015

In response to complaints made by motorists using credit cards when paying for their petrol, Adnoc has announced its move to adopt wireless credit card machines in petrol stations across the capital from September 1, which will be brought to the motorist for payment. Currently, motorists who wish to pay for petrol using credit or debit card, must either give petrol station attendants their PIN number or exit their vehicles and enter the four-digit code themselves. This has been described as ...  >>MORE

Shell VP speaks about latest R&D technologies at Abu Dhabi's ADRAC conference

Posted on 30/05/2015

The Abu Dhabi Research & Development Conference & Exhibition, ADRAC, welcomed more than 2,000 research professionals in Abu Dhabi this week, to present the latest innovations in research and development in the energy sector. Held for the fourth year since it was launched in 2011, the event brought together the international research and development community in the Middle East and globally providing a platform to cooperate and exchange knowledge and best practices in R&D fields Dr. Stuart ...  >>MORE

UAE partakes in 6th clean energy ministerial meeting in Mexico

Posted on 29/05/2015

Merida, MEXICO: The United Arab Emirates took part yesterday in the 6th Clean Energy Ministerial meeting (CEM6), held in the Mexican city of Merida. Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy headed UAE delegation and delivered a speech at the opening session highlighting UAE's contributions in the fields of clean energy and the Global Sustainable Cities Network (GSCN). At the meeting's sidelines, Al Mazrouei met with the US Energy Secretary and discussed with him ...  >>MORE

Dubai announces crude oil price for August

Posted on 28/05/2015

The Department of Oil Affairs of the Government of Dubai has announced that it has notified customers that the official price of Dubai crude oil to be delivered in August, will be US$0.05 lower than the average daily settlement price of the Oman Crude Oil Financial Contract in Dubai Mercantile Exchange for contracts being traded during the next month. Abdullah Abdul Karim, Director-General of the department, told Emirates News Agency, WAM, that the department sets the price of Dubai crude oil ...  >>MORE

SEWA completes domestic piped gas network in new residential districts

Posted on 22/05/2015

Sharjah Electricity and Water Authority (SEWA) has completed a project to introduce piped natural gas for domestic use in new residential communities in the emirate. The domestic gas supply service is in line with SEWA's commitment to provide high quality supply of electricity, water and gas, and with its continuous development of its facilities to meet the increasing demand and improve the quality of various services rendered to the customers throughout the emirate by using state-of-the-art ...  >>MORE

ADNOC and its Group of Companies are continuously working towards achieving optimal safety: Abdullah Nasser Al Suwaidi

Posted on 21/05/2015

Abdullah Nasser Al Suwaidi, ADNOC Director General, has said that ADNOC and its Group of Companies are continuously working towards achieving optimal safety through the execution of numerous, multi-facial projects to ensure an exemplary model to bring about prosperity for all residents in the UAE. In his speech which was delivered on his behalf by Mohammed Al Qubaisi, Exploration and Production Director, ADNOC, at the first Middle East Process Safety Conference hosted by ADNOC and organised by ...  >>MORE

ADCO signs contract worth US $334 million for Mender field development

Posted on 21/05/2015

The Abu Dhabi Company for Onshore Petroleum Operations Ltd. ADCO, has awarded the Engineering, Procurement and Construction (EPC) contract valued US$ 334 million for the development of the Mender field to China Petroleum Engineering and Construction Corporation, CPECC. The contract was signed at ADCO's headquarters on 17th May by Abdul Munim Saif Al Kindy, Chief Executive Officer, and Ahmed Al Hammadi, Senior Vice President (South East), for ADCO and by Hou Haojie, the president of CPECC, and ...  >>MORE

APICORP announces strong 2014 financial performance with total income surpassing US$150 million

Posted on 19/05/2015

The Arab Petroleum Investments Corporation, APICORP, an investment company established in 1975 by the 10 member states of the Organisation of Arab Petroleum Exporting Countries, OAPEC, has yesterday announced its 2014 full year consolidated financial results for the period ending 31st December 2014. APICORP achieved strong revenues over the year, with total income increasing to US$156.28 million compared with US$149.82 million in 2013, and net profit before provisions growing to US$118.51 ...  >>MORE

ADNOC and Korea GS E&P Pte. Ltd., sign New ADCO Concession Agreement

Posted on 14/05/2015

The Abu Dhabi National Oil Company, ADNOC, and Korea GS E&P Pte. Ltd., signed yesterday a 40-years New ADCO Concession Agreement for the ADCO onshore oil fields in Abu Dhabi. By this agreement, Korea GS E&P Pte. Ltd., a wholly-owned subsidiary of GS Energy Corporation, receives a 3 percent participating interest in the new concession, with effect from 1st January 2015, to become the third partner to join the joint venture along with Total and INPEX. Abu Dhabi Company for Onshore Petroleum ...  >>MORE

ADNOC announces prices for crude for April with about US$4 a barrel

Posted on 07/05/2015

Crude oil prices from the Abu Dhabi National Oil Company, ADNOC, for April have recorded an increase of about US$4 a barrel compared to its March prices, as a result of high oil prices in international oil markets. A company statement said that the prices are as follows: Murban US$60.55 per barrel, Das US$60.05, and Upper Zakum US$57.60 per barrel. - Emirates News Agency, WAM – >>MORE

UNIDO and Dubai Supreme Council of Energy to launch regional centre for business development in sustainable energy

Posted on 05/05/2015

The Dubai Supreme Council of Energy has signed an agreement with the United Nations Industrial Development Organisation (UNIDO) to establish a regional centre to build capabilities in sustainable energy and research and development (R&D). The centre will act as an incubator for innovation excellence in sustainable energy technologies for businesses and enterprises in the UAE and the Arab World. The agreement was signed during World Green Economy Summit, which was held in Dubai recently. Dubai ...  >>MORE

President restructures IPIC's Board

Posted on 23/04/2015

President His Highness Sheikh Khalifa bin Zayed Al Nahyan, in his capacity as the Ruler of Abu Dhabi, has issued an Emiri Decree reshuffling the International Petroleum Investment Company (IPIC) under the chairmanship of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs. The decree named Mohammed Dhaen Al Hameli as deputy chairman, Suhail Mohammed Al Mazrouei as Managing Director, and Hamad Mohammed Al Hurr Al Suwaidi, Nasser Khalifa Al Suwaidi ...  >>MORE

GASCO enters into a lump sum turnkey agreement with NPCC valued Dh 1.5 billion

Posted on 22/04/2015

On behalf of the Abu Dhabi National Oil Company, ADNOC, Abu Dhabi Gas Industries, GASCO, have signed a lump sum turnkey, LSTK, agreement for the engineering, procurement, construction and commissioning of IGD-E - Offshore Pipeline (Package-2) with the National Petroleum Construction Company, NPCC. The agreement was signed by GASCO CEO, Abdul Aziz Abdulla Al Ameri, and Aqeel Madhi, CEO of NPCC, in the presence of Dr. Saif Sultan Al Nasseri, ADNOC Gas Processing Director and a number of senior ...  >>MORE

GASCO enters into a LSTK Agreement with Spanish Tecnicas Reunidas valued Dh 2.51 Billion

Posted on 22/04/2015

On behalf of Abu Dhabi National Oil Company, ADNOC, Abu Dhabi Gas Industries, GASCO, have signed a lump sum turnkey, LSTK, agreement for the Engineering, Procurement, Construction and Commissioning of the Integrated Gas Development Expansion Project – Phase One, for the Onshore Pipeline and Habshan Modifications, Package 3. The agreement was signed by GASCO CEO, Abdul Aziz Abdulla Al Ameri, and Arthur Crossley, CEO Upstream of Tecnicas Reunidas, in the presence of Dr. Saif Sultan Al Nasseri, ...  >>MORE

UAE has 4% of world's oil, 3.5% of gas reserves: Energy Minister

Posted on 17/04/2015

UAE Energy Minister, Suhail bin Mohammed Faraj Faris Al Mazrouei, said that the UAE has 4 per cent of the world's oil reserves and nearly 3.5 per cent of the global gas reserves. He added that the current UAE oil production accounts for nearly 10 per cent of the Organisation of Petroleum Exporting Countries (OPEC) production, noting that the UAE capital, Abu Dhabi, hosts the International Renewable Energy Agency (IRENA), making the country a focus of world attention with regard to renewable ...  >>MORE

Fujairah storage capacity to increase to 9 million cubic metres

Posted on 14/04/2015

The total storage capacity at Fujairah is expected to increase to about 9 million cubic metres by the end of 2015 from around 6.6 million cubic metres in 2013, a top government official said on Monday. Ahmad Mohammed Al Kaabi, director of petroleum economics at the Ministry of Energy said Fujairah's location south of the Strait of Hormuz has attracted a lot of investments into its port storage facilities aimed at turning the port city into one of the world's great oil trading hubs. "A 380 ...  >>MORE

Drydocks World completes refurbishment of NDC rig

Posted on 10/04/2015

Drydocks World, the international service provider to the shipping, maritime, offshore, oil, gas and energy sectors, has completed the refurbishment project of the offshore drilling rig Beynouna for the National Drilling Company, NDC, it said in a statement yesterday. Drydocks World's comprehensive rig services and innovative offshore project management methodology turned around the major repair on the Beynouna ahead of schedule in 28 days. Drydocks World has previously completed numerous ...  >>MORE

Dubai announces crude oil price for June

Posted on 02/04/2015

The Department of Oil Affairs of the Government of Dubai has announced that it has notified its customers that the official price of Dubai crude oil to be delivered in June, will be US$0.40 lower than the average daily settlement price of the Oman Crude Oil Financial Contract in Dubai Mercantile Exchange for contracts being traded during the current month. Abdullah Abdul Karim, Director-General of the department, told Emirates News Agency, WAM, that the department sets the price of Dubai crude ...  >>MORE

ENOC launches Code of Business Conduct at Horizon Djibouti Terminal

Posted on 02/04/2015

DUBAI, 2nd April, 2015 (WAM) -- Emirates National Oil Company (ENOC), has launched its ‘Code of Business Conduct' at Horizon Djibouti Terminals, (HDTL) – the terminalling company of Horizon Terminals Limited (HTL) established by ENOC in Djibouti. The ‘Code of Business Conduct' provides a clear insight and understanding of the corporate values, responsibilities, obligations and ethical ambitions of ENOC, and the way it functions. The event was attended by management and staff from ENOC, ...  >>MORE

TAQA reports full year 2014 results

Posted on 02/04/2015

TAQA, the international energy company from Abu Dhabi, yesterday announced its financial results for the year ended 31 December 2014. Driven by a strong performance, TAQA achieved underlying revenues of Dh 23.0 billion in 2014, an 8.6% increase over 2013. This resulted in the Company's highest ever EBITDA (earnings before interest, taxes, depreciation, and amortisation) of Dh 14.5 billion, resulting from record production of 158.9 thousand barrels of oil equivalent per day (mboed) (2013: 142.2 ...  >>MORE

DME reaches significant new milestone of 8 billion barrels traded

Posted on 01/04/2015

DME announced yesterday that it has now reached the 8 billion barrel mark, with a total of 8 million contracts (eqv. 8 billion barrels) traded on the exchange. The increased interest in DME's value proposition driven by new members from Asia and their participation has contributed to the Exchange's trading performance and enabled it to hit the new milestone in March 2015, despite the current challenging conditions for the global oil markets. The achievement reinforces DME Oman's position as ...  >>MORE

NDC inaugurates its new jack-up rig, Butinah, built in the UAE

Posted on 30/03/2015

National Drilling Company, NDC, has marked the inauguration of its new modern offshore rig, "Butinah", at a ceremony held in the Hamriyah Free Zone in Sharjah. "Butinah" is the sixth rig in a series of eight similar units being acquired by NDC and manufactured in the UAE by Lamprell. Commenting on the inauguration during the ceremony held in the presence of Khamis bin Salem Al Suwaidi, Member of Sharjah Executive Council, Chairman of Department of Suburbs and Villages Affairs, NDC Chief ...  >>MORE

Arab Oil and Gas 2015 to spotlight on new products in downstream technology to maximise investment opportunities in refining, storage and distribution of oil and gas

Posted on 26/03/2015

The 19th Arab Oil and Gas Show (OGS) - the International Trade Exhibition for Onshore and Offshore Oil, Gas and Petrochemical Industries serving the Middle East and beyond, will offer a platform to discuss favourable prospects in the region's energy sector, forge new partnerships, foster relationship with existing clients, and throw the spotlight on new products in downstream technology to maximise investment opportunities in refining, storage and distribution of Oil and Gas. Held under the ...  >>MORE

APICORP secures US$950 million through Sharia-compliant syndicated financing

Posted on 23/03/2015

The Arab Petroleum Investments Corporation, APICORP, an investment company established in 1975 by the 10 member states of the Organisation of Arab Petroleum Exporting Countries, OAPEC, has successfully secured new financing through a Sharia-compliant syndication totalling US$950 million, it said in a statement yesterday. Appetite among lenders to provide financing was significant given APIRCORP's strong balance sheet, track record, unique shareholder structure and overall credit worthiness. ...  >>MORE

EMGAS appoints Applus IDIADA as technical consultant agency for its CNG project in Dubai

Posted on 23/03/2015

The Compressed Natural Gas (CNG) initiative in Dubai by Emirates Gas LLC (EMGAS), a subsidiary of Emirates National Oil Company (ENOC) , has set another milestone with EMGAS appointing Applus IDIADA as its Technical Consultant and its sister company Applus VELOSI as the exclusive third party inspection agency for its CNG Project in Dubai. Emirates Authority for Standardisation and Metrology (ESMA) has officially nominated EMGAS as the "Executor" of CNG Project in Dubai. The agreement includes ...  >>MORE

ADGAS signs US$491 million EPC contract for Integrated Gas Development Expansion

Posted on 13/03/2015

On behalf of Abu Dhabi National Oil Company, ADNOC, Abu Dhabi Gas Liquefaction Company, ADGAS, yesterday signed the Engineering, Procurement & Construction, EPC, contract for the First Phase of the Integrated Gas Development Expansion phase-I, IGD-E1, Project, with a consortium of Tecnimont-Archirodon, at an approximate value of US$491 million. The project's total duration is 40 months and is forecast to be completed by June 2018. The Lump-sum turnkey agreement was signed yesterday at ADGAS ...  >>MORE

ADNOC and Wintershall present core sample from Shuwaihat field to German Minister of Economy

Posted on 10/03/2015

The Abu Dhabi National Oil Company (ADNOC) and Wintershall yesterday set a joint signal for the successful progress of their cooperation. In the framework of a meeting of the UAE-German Joint Commission on Economic, Trade and Technical Co-operation in Abu Dhabi, Abdulla Nasser Al Suwaidi, Director General of ADNOC, and Dr. Rainer Seele, CEO of Wintershall, presented German Minister for Economy and Energy Sigmar Gabriel with a drilled core sample from the Shuwaihat Field as part of the Technical ...  >>MORE

Vopak Horizon Fujairah to expand storage capacity to 2.6 million m3 with seventh phase

Posted on 06/03/2015

Vopak Horizon Fujairah, a joint venture between Royal Vopak and Horizon Terminals Ltd., wholly owned by Emirates National Oil Company, ENOC, the Government of Fujairah and Kuwait's Independent Petroleum Group, has launched the 7th expansion phase of the Black Pearl project, intended to take its total storage capacity to 2.6 million cubic metres. The expansion will see five large storage tanks being installed for crude oil with completion scheduled for summer of 2016. The inauguration of the ...  >>MORE

ADNOC signs MoU with Korea's KNOC, KIGAM for cooperation on oil field development

Posted on 05/03/2015

The Abu Dhabi National Oil Company (ADNOC) on Wednesday signed a Memorandum of Understanding (MoU) with the Korea National Oil Corporation (KNOC) and Korea Institute of Geoscience and Mineral Resources (KIGAM). The MoU provides for cooperation in research and development activities for oil fields development in UAE. The agreement was signed by Abdulla Nasser Al Suwaidi, ADNOC's Director General, Moon Kyu Seo, KNOC's President and CEO and Kyu Han Kim, KIGAM President in the presence of a number ...  >>MORE

ADNOC announces crude prices for February

Posted on 05/03/2015

Abu Dhabi National Oil Company, ADNOC, has announced its crude oil prices for February. A company statement said that the prices are as follows: Murban US$56.55 per barrel, Das US$56.05, and Upper Zakum US$53.80 per barrel. ADNOC announces its crude oil prices retrospectively on monthly basis. – Emirates News Agency, WAM – http://www.wam.ae/en/news/economics/1395277432768.html ...  >>MORE

Minister of Energy stresses the need to promote innovation policy in the field of alternative energy

Posted on 04/03/2015

Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, has stressed that the usage of solar energy in the UAE came in response to the growth strategies of the UAE in this area. In a lecture entitled "The Future of Energy and Resource Security in the UAE" at the National Defence College yesterday, he reviewed the most important solar power projects in the country. He highlighted the UAE's usage of solar and nuclear energy as well as natural gas and oil. Al Mazrouei emphasised the ...  >>MORE

Emirates Gas launches integrated supply and free maintenance service for bulk gas customers

Posted on 04/03/2015

Emirates Gas, EMGAS, a subsidiary of Emirates National Oil Company, ENOC, will now provide complimentary maintenance to exclusive bulk gas customers as part of a new integrated supply and free maintenance service aimed to serve as a one-stop hub for all bulk Liquefied Petroleum Gas (LPG) customer needs. Saeed Khoory, Chief Executive Officer of ENOC, said, "As the leading supplier of LPG products in the UAE, we are constantly evaluating opportunities to further support our customers through ...  >>MORE

Quarter of Japan oil imports from UAE in January, 2015

Posted on 02/03/2015

TOKYO: Imports of Japan's crude oil from the United Arab Emirates last January were 27.05 million barrels, accounting for 25 percent of total imports, according to data of the Energy and Natural Resources Agency of the Ministry of Commerce, Industry and Economy in Japan. The agency announced that the proportion of Middle East oil imports amounted to 80.3 percent of total imports in January, adding that within this amount Arab oil percentage stood at 75.3 percent. The three-quarters of Japan's ...  >>MORE

Dubai announces crude oil price for May

Posted on 25/02/2015

The Department of Oil Affairs of the Government of Dubai has announced that it has notified its customers that the official price of Dubai crude oil to be delivered in May 2015, will be US$0.70 lower than the average daily settlement price of the Oman Crude Oil Financial Contract in Dubai Mercantile Exchange for contracts being traded during March. Abdullah Abdul Karim, Director-General of the department, told Emirates News Agency, WAM, that the department sets the price of Dubai crude oil in ...  >>MORE

NPCC obtains new syndicated facilities of Dh2.2 billion

Posted on 19/02/2015

National Petroleum Construction Company, NPCC, a subsidiary of the General Holding Cooperation, SENAAT, has announced that it has secured a new syndicated facility of Dh2.2 billion for eight years at very competitive interest rates which indicates the high confidence and the effective performance of the company in the financial markets. Aqeel Madhi, CEO, said that NPCC will use about Dh1.450 billion to finance the construction of new offshore barges, cargo barges and provision of modern ...  >>MORE

GASCO, ADGAS award EPC contracts for integrated gas development expansion

Posted on 11/02/2015

Abu Dhabi National Oil Company, ADNOC, has initiated the IGD-E project as a priority in developing and expanding current facilities to boost gas exports from offshore to onshore in order to satisfy the increasing demand for gas locally. On behalf of ADNOC, Abu Dhabi Gas Industries, GASCO, and Abu Dhabi Gas Liquefaction Company, ADGAS, have confirmed the award of the following contracts for Engineering, Procurement, Construction and Commissioning (EPC) works for the Integrated Gas Development ...  >>MORE

ADNOC Distribution announces reduction in Diesel price at all service stations in Northern areas

Posted on 08/02/2015

ADNOC Distribution has reduced the price of diesel across all its service stations in Sharjah, Ajman, Umm Al Qaiwain, Ras Al Khaimah and Fujairah. Effective from February 8, 2015, the price of diesel has been brought down to Dh 2.90 per litre from the earlier charge of Dh3.05 – a reduction of 15 fils per litre. Khalid Hadi, Vice President Marketing and Corporate Communications at ADNOC Distribution, said, "The reduction in diesel price reflects the ongoing changes in the global price of oil. ...  >>MORE

Enoc cuts diesel prices by 6.4%

Posted on 07/02/2015

Emirates National Oil Company (Enoc) has reduced diesel prices by 6.4 per cent to Dh2.90 per litre. The revised price is applicable across the entire service station network of Enoc/Eppco effective 12am, February 8, 2015. Burhan Al Hashemi, Managing Director, Enoc Retail, said: "With oil prices recording a downtrend, we are constantly evaluating how we can pass on benefits to our customers. This also reflects our practice in ensuring that our customers receive good value at all times.” Enoc ...  >>MORE

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Quick List

Energy Ministry announces launch of second issue of UAE Energy Status Report for 2016


ADNOC Distribution announces further price reductions for refilling of LPG Cylinders across Northern Emirates


NDC signs contracts worth Dh2 billion to own 14 new rigs


Wireless credit card machines at Adnoc petrol stations from September 1


Shell VP speaks about latest R&D technologies at Abu Dhabi's ADRAC conference


UAE partakes in 6th clean energy ministerial meeting in Mexico


Dubai announces crude oil price for August


SEWA completes domestic piped gas network in new residential districts


ADNOC and its Group of Companies are continuously working towards achieving optimal safety: Abdullah Nasser Al Suwaidi


ADCO signs contract worth US $334 million for Mender field development


APICORP announces strong 2014 financial performance with total income surpassing US$150 million


ADNOC and Korea GS E&P Pte. Ltd., sign New ADCO Concession Agreement


ADNOC announces prices for crude for April with about US$4 a barrel


UNIDO and Dubai Supreme Council of Energy to launch regional centre for business development in sustainable energy


President restructures IPIC's Board


GASCO enters into a lump sum turnkey agreement with NPCC valued Dh 1.5 billion


GASCO enters into a LSTK Agreement with Spanish Tecnicas Reunidas valued Dh 2.51 Billion


UAE has 4% of world's oil, 3.5% of gas reserves: Energy Minister


Fujairah storage capacity to increase to 9 million cubic metres


Drydocks World completes refurbishment of NDC rig


Dubai announces crude oil price for June


ENOC launches Code of Business Conduct at Horizon Djibouti Terminal


TAQA reports full year 2014 results


DME reaches significant new milestone of 8 billion barrels traded


NDC inaugurates its new jack-up rig, Butinah, built in the UAE


Arab Oil and Gas 2015 to spotlight on new products in downstream technology to maximise investment opportunities in refining, storage and distribution of oil and gas


APICORP secures US$950 million through Sharia-compliant syndicated financing


EMGAS appoints Applus IDIADA as technical consultant agency for its CNG project in Dubai


ADGAS signs US$491 million EPC contract for Integrated Gas Development Expansion


ADNOC and Wintershall present core sample from Shuwaihat field to German Minister of Economy


Vopak Horizon Fujairah to expand storage capacity to 2.6 million m3 with seventh phase


ADNOC signs MoU with Korea's KNOC, KIGAM for cooperation on oil field development


ADNOC announces crude prices for February


Minister of Energy stresses the need to promote innovation policy in the field of alternative energy


Emirates Gas launches integrated supply and free maintenance service for bulk gas customers


Quarter of Japan oil imports from UAE in January, 2015


Dubai announces crude oil price for May


NPCC obtains new syndicated facilities of Dh2.2 billion


GASCO, ADGAS award EPC contracts for integrated gas development expansion


ADNOC Distribution announces reduction in Diesel price at all service stations in Northern areas


Enoc cuts diesel prices by 6.4%