UAE's Masdar completes 8 rural solar projects in Mauritania

<p>Eight new rural solar energy projects are now operational across the Islamic Republic of Mauritania in western North Africa, doubling the UAE’s total contribution to the country’s clean energy capacity to 31.6 megawatts (MW).</p>.... Read more »

Posted on : 12/12/2016

HSBC Expects UAE Economy to Grow Despite Oil Price Slump

Dubai: HSBC expects the UAE economy to continue to grow despite oil prices running 50 per cent below their cyclical peak and the positive growth momentum will be reflected in the bank’s performance in the country..... Read more »

Posted on : 12/11/2016

Middle East Oil Consumption Up Six-fold in Last 40 Years

Middle East oil exports are lower than they were 40 years ago due to increased internal consumption, and a slowing of production may affect the sector further than first thought..... Read more »

Posted on : 12/11/2016

Dubai's ENOC says to build 54 service stations by 2020

<p>Emirates National Oil Co (ENOC) has announced plans to build 54 new service stations over the next four years.</p>.... Read more »

Posted on : 12/9/2016

Qatar Petroleum affiliate signs long-term LNG deal with Brazil-based CELSE

<p>Qatar Petroleum said on Saturday its affiliate Ocean LNG has signed a long-term deal to provide Brazil-based CELSE-Centrais Elétricas de Sergipe with liquefied natural gas (LNG) from 2020.</p>.... Read more »

Posted on : 12/9/2016

Saudi Aramco says to almost triple chemicals output by 2030

<p>State oil company Saudi Aramco aims to almost triple its chemicals production to 34 million metric tons per year by 2030, a senior company executive said on Monday.</p>.... Read more »

Posted on : 12/9/2016

Japan's JGC inks $98m deal for Bahrain gas storage, pipeline

<p>Japan's JGC Corp has signed a $98.7 million deal with Bahrain's Nogaholding to build a storage and pipeline facility at Bahrain's gas plant project, the Gulf company said in a statement on Wednesday.</p>.... Read more »

Posted on : 12/9/2016

Qatargas signs deal to supply natural gas to Sharjah, RAK

<p>Dolphin energy and Qatar Petroleum have signed a long-term agreement to supply natural gas to the United Arab Emirates.</p>.... Read more »

Posted on : 12/9/2016

Saudi Aramco signs contracts to build $13bn Fadhili gas project

<p>State oil giant Saudi Aramco signed four engineering contracts to build its Fadhili gas processing project, the company announced at a press conference on Wednesday.</p>.... Read more »

Posted on : 12/9/2016

New state-owned oil company set up in Qatar

<p>Qatar on Wednesday approved laws setting up a new state-owned company to sell oil products, it announced.</p>.... Read more »

Posted on : 12/9/2016