September 18, 2019

First oil cut isn’t the deepest for world economy

The last thing the slowing world economy needs is a big and unexpected disruption in oil output. Weekend attacks which took out roughly half of Saudi Arabia’s crude output appear to fit that bill. But even fragile global growth can probably withstand this first cut.
Brent crude"...

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September 17, 2019

Dewa’s role in supporting energy start-ups highlighted...

Marwan Bin Haidar, Executive Vice President of Innovation & The Future at Dubai Electricity and Water Authority (Dewa) highlighted Dewa’s role in supporting energy start-ups during a plenary session at the 24th World Energy Congress (WEC) in Abu Dhabi. The session was entitled"...

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September 17, 2019

SNC-Lavalin Awarded Oil and Gas Contract from Al Yasat Petroleum,...

SNC-Lavalin announces that it has been awarded a general engineering, project management and technical support services contract from Al Yasat Petroleum, a joint venture between Abu Dhabi National Oil Company (ADNOC) and China National Petroleum Corporation"...

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September 12, 2019

Oil prices gain after fall in US crude stockpiles

TOKYO: Oil prices traded higher on Wednesday after an industry report said US crude stockpiles fell last week by more than twice the amount that analysts in a Reuters poll had forecast.
Brent crude futures rose 51 cents, or 0.6 per cent, to $62.89 a barrel by 04:05 GMT, while West"...

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September 11, 2019

Oman to explore underground oil storage options in Duqm...

Oman Oil and Orpic Group, the Sultanate’s newly established integrated energy conglomerate, has signed an agreement with South Korean engineering contracting SK Engineering & Construction (SKEC) to support the development of oil storage and terminaling business opportunities at"...

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September 9, 2019

Aksa Power to showcase solutions at WEC

Aksa Power Generation and Aksa Energy, leaders of Turkish energy market in power generation and energy production, will attend the 24th edition of the World Energy Congress in Abu Dhabi from September 9 to 12.

"...

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September 9, 2019

Enec to unveil nuclear energy benefits at Abu Dhabi event...

The Emirates Nuclear Energy Corporation (Enec) will showcase the positive impact that nuclear energy has economically, socially and environmentally at the upcoming edition of the World Energy Congress (WEC) in Abu Dhabi.

The event will kick off tomorrow (September 9) at Abu"...

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September 8, 2019

Global renewable energy sector investments to hit $2.6 trillion...

Global investment in new capacity for renewable energy is on course to reach $2.6 trillion by the end of this decade, more than triple the amount of the previous decade, with more gigawatts of solar power capacity installed than any other generation technology, according to new figures"...

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September 5, 2019

Worley, Aveva partner to deliver first EPC cloud solution...

Worley, a leading Australian engineering company which provides project delivery and consulting services to the resources and energy sectors, has joined forces with top IT firm Aveva to deliver the first cloud-based enterprise resource management solution optimised for the EPC (engineering,"...

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September 4, 2019

Oil prices mixed as market eyes US, China trade war

TOKYO: Oil prices were mixed on Tuesday as the ongoing US-China trade war cast a pall over markets, with soft South Korean data adding to concerns over emerging markets and a rise in Opec output.
US crude was down 21 cents, or 0.4 per cent, at $54.89 a barrel by 0244 GMT, while Brent"...

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