Thursday 3 September 2015

GCC countries 'must prioritise efficient energy use'

More large-scale alternative and renewable energy projects, which reduce the per-unit cost of alternative energy, will be necessary in the GCC region to encourage households and businesses to reduce their use of conventional power sources, according to an expert.  


Bapco launches key jobs training project

Bahrain Petroleum Company has announced it is embarking on a major training project towards developing a world-class workforce for a $5 billion refinery expansion and upgrade. Designed in collaboration with different technology licensors and contractors involved in the Bapco Modernisation Pro


Bahrain to crackdown on wasteful bulbs

A nationwide crackdown on inefficient and substandard lighting is set to come into effect next week. The Electricity and Water Authority’s (EWA) new Energy Efficient Lighting Programme aims to cut the amount of electricity Bahrain uses for lighting by up to seven per cent, said a report


Opec magazine op-ed 'fuelled oil rally'

An Opec (Organization of the Petroleum Exporting Countries) publication written by the exporter group's public relations team helped oil prices jump and prompted speculation over a possible shift in output policy - to the bafflement of some Opec insiders. The commentary on Mo


Honeywell UOP technology for new Egypt gasoline plant

Egypt’s Alexandria National Refining & Petrochemicals Company (ANRPC) will use technology and equipment provided by UOP, a Honeywell company, in its $300-million new state-of-the-art gasoline production facility. The facility will meet growing domestic demand for high-o


Oil prices forecast to recover in 2016

Oil prices have fallen too far, too fast and should recover gradually over the next year as supply growth slows and demand recovers, a Reuters poll showed on Tuesday. Benchmark North Sea Brent crude is likely to average $62.30 a barrel in 2016, up from an average so far this year


Aramco housing complex fire caused by short circuit

The fire in a residential complex of Saudi Aramco in Al Khobar on Sunday was caused by a short circuit, a report quoting preliminary investigation said. The fire killed 10 people,  including three Canadians of Asian origin, a Pakistani and a Nigerian woman. Rest of the dead


India, S Korea plan $1bn energy park in Iran

A group comprising Iranian, Indian and South Korean companies plan to establish an energy park in Iran’s Khuzestan province in a project worth $10 billion, a report said. The project will include generation of 1,000 megawatts of solar power, the IRNA news agency ha


AlMansoori to review upstream tech at UK expo

AlMansoori Specialized Engineering, a leader in oilfield services in the Middle East, will be looking to gain valuable insights into the latest innovations in the global upstream oil and gas sector, at an upcoming industry event in the UK. Offshore Europe runs from September 8-11


Egypt's Zohr gas re-writes Israel's happy ending

Egypt's historic gas discovery threatens to sink Israel's fledgling gas export bonanza, which was counting on deals with Cairo to get it off the ground. Italian oil company Eni stunned markets on Sunday after declaring the Mediterranean's biggest-ever and the world

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