Opec Celebrates 60th Anniversary, Remains Focused On Balanced & Stable Oil Market

The Organisation of Petroleum Exporting Countries (Opec) all set to meet the upcoming challenges it will face as it enters the next six decades of its history, said the Vienna-based organization on the occasion of its 60th anniversary..... Read more »

Posted on : 9/15/2020


Oxford Flow Starts New Manufacturing Facility to Fuel Growth

Oxford Flow, the flow control equipment specialist for oil, gas, water and industrial process industries, has opened its new manufacturing facility in Oxford to fuel its ambitious growth plans..... Read more »

Posted on : 9/15/2020


The UAE Wood Industry Will Be Riding High By 2020

The demand for wood, wood products and the woodworking industry is expected to grow further due to the ongoing construction projects. The wood and woodworking machinery industry will be impacted by the massive construction projects in upcoming years. Over the next two years the wood industry in the UAE is expected to grow strong..... Read more »

Posted on : 9/11/2020


Dubai Investments Plants LED Lights at Subsidiary

Dubai Investments, one of the best diversified investments company, has introduced the completion of the replacement of metal halide lamps with LED lights across the factory premises of its wholly-owned subsidiary Emirates Float Glass (EFG)..... Read more »

Posted on : 8/28/2020


Sharjah to increase the exports and open new markets

The Sharjah Chamber of Commerce & Industry (SCCI) has recently launched the Sadder (export) Fund, the first of kind fund across the Emirate Sharjah for export operations..... Read more »

Posted on : 8/27/2020


Enoc Group Bags Top Clean Energy Award

Enoc Group has recently won the coveted 2020 Energy Management Insight Award by Clean Energy Ministerial, a global forum of 25 countries and the European Commission designed to promote sustainable policies and programmes to advance clean energy..... Read more »

Posted on : 8/26/2020


Weir Oil & Gas Signs 3 Years Strategic UAE Contract

Weir Oil & Gas Dubai has endorsed a three-year agreement for servicing and repairing pumps and motors with a UAE national oil company. The contract guarantees the provision of Weir Oil & Gas Rotating Equipment services, machine shop services, emergency manufacturing and site works..... Read more »

Posted on : 8/26/2020


Oil Prices to Recover, and That's a Relief

Over the course of this month, oil prices stabilized at a rather convenient $40-$45 a barrel compared to five months ago, when they were below $16 and created complex conditions for oil-producing countries..... Read more »

Posted on : 8/26/2020


ADNOC $3.5b Refining Project Back On Track

Abu Dhabi National Oil Company's $3.5 billion refining upgrade at the Ruwais complex is well on track, according to an update issued by the company..... Read more »

Posted on : 8/26/2020


Kuwait Petroleum Aims 25% Reduction in Capital Spending Through Merging Units

Kuwait Petroleum Corporation is appointing a consultant to help merge its subsidiaries as the state-run company slashes capital spending by more than 25% over the next five years..... Read more »

Posted on : 8/26/2020