November 16, 2018

Great Eastern Energy Corporation to Venture into Shale Gas Exploration...

Great Eastern Energy Corporation Limited (LSE: GEEC), the fully integrated, leading Indian Coal Bed Methane (“CBM”) Company, today announced an upgrade in its resources at its Raniganj (South) block, which has been provided by the independent reserve engineers, Advance Resources"...

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November 15, 2018

Trump's ''Made in America' behind oil plunge, Citi says

American fingerprints are all over oil’s record losing streak that’s plunged prices into a bear market.

The State Department’s zigzag on Iran sanctions, President Donald Trump’s tweets"...

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November 15, 2018

Adnoc to spend Dh18bn on in-country value programme

State-owned Abu Dhabi National Oil Company (Adnoc) announced expenditure of Dh18 billion for its in-country value programme by it which it ensures that local suppliers and companies are engaged across its value chain to boost the local economy.

The"...

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November 15, 2018

Global oil market faces surplus in 2019 as demand slows,...

LONDON: Global oil supply will outpace demand throughout 2019, as a relentless rise in output swamps growth in consumption that is at risk from a slowing economy, the International Energy Agency said on Wednesday. In its monthly report the Paris-based IEA left its forecast for global demand"...

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November 13, 2018

Canadian oil producers hurt by double whammy

Canada’s oil producers can’t catch a break.

Even as local production cuts help alleviate pipeline bottlenecks, heavy crude plunged below $18 a barrel for the first time since 2016 - dragged down by"...

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November 13, 2018

Nexans presents state-of-the-art cabling solutions at Adipec...

Nexans, a global leader in advanced cabling, will present its innovative, quality and cost-effective cable solutions, designed to meet the needs of projects of all sizes and complexities in the Middle East, at the Adipec expo.

"...

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November 13, 2018

Al Masaood's engineering unit unveils key energy solutions...

Al Masaood’s Projects & Engineering Services Division (PESD) is taking part at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) for the 20th consecutive year, to share its comprehensive energy and petrochemical services in cooperation with internationally-acclaimed"...

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November 8, 2018

Oil dips on rising output and US sanction wavers

SINGAPORE: Oil prices dipped on Wednesday as rising output and US sanction waivers that allow Iran’s biggest buyers to keep taking its crude reinforced the outlook for a well-supplied market.
Front-month Brent crude oil futures were at $71.99 per barrel at 0552 GMT, down 14"...

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November 8, 2018

President al-Mashat discusses with Minister of Oil and Minerals...

SANAA, Nov. 7 (Saba) - President Mahdi al-Mashat on Wednesday met with Minister of Oil and Minerals Ahmed Daris.


They discusses conditions for the supplying of domestic gas and oil derivatives in the local market in the capital Sanaa and others provinces in the light"...

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November 8, 2018

UAE a role model for peaceful nuclear energy development:...

(WAM) -- The UAE Peaceful Nuclear Energy Programme has been recognised for its unique achievements and coordinated development during the 23rd Nuclear Inter Jura Congress. Held for the first time in the Middle East and hosted in Abu Dhabi by the Emirates Nuclear Energy Corporation, ENEC,"...

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