Tuesday 28 April 2015
 
»

Dubal Holding mulls buying stakes in energy projects

Dubal Holding, the holding company for Dubai's stake in Emirates Global Aluminium and other assets, is considering possible acquisitions in local and international energy projects, it said on Monday. The firm was looking for equity interests related to coal, solar, gas, and o

More…

UAE's Topaz closes in on loan worth $550m

Dubai-based oilfield services firm Topaz Energy and Marine is close to securing a loan worth at least $550 million to help refinance existing debt and fund new projects, banking sources said on Monday. Emirates NBD, First Gulf Bank, Gulf International Bank, HSBC, Noor Bank and St

More…

Libya closes El Feel oilfield due to strike by security guards

A strike by Libyan security guards over salary payments has forced the closure of the western El Feel oilfield, a spokesman for state oil firm NOC said.   A field engineer told Reuters the Opec producer had closed the field, without citing a reason. El

More…

India seeks first cut in LNG imports under Qatar deal

India is in talks with Qatar to import at least 10 percent less liquefied natural gas (LNG) under a long-term deal after a slide in spot prices has cut demand by local buyers, an Indian government source with knowledge of the negotiations said.   New Delhi would

More…

Saudi high oil output based on demand: Minister

Saudi Arabia's high crude oil production policy is based on the status of global demand and the top oil exporter is keen to maintain its market share, the kingdom's deputy oil minister said.   Speaking to reporters in Saudi Arabia, Prince Abdulaziz Bin S

More…

Inpex wins 5pc stake in new Abu Dhabi concession

Abu Dhabi National Oil Company (Adnoc) said on Monday it had granted Japan's Inpex Corp a 5 per cent stake in a new 40-year concession, making it the first Asian firm to help operate the UAE's biggest oilfields after decades-long partnerships with Western majors. Nine Asi

More…

Iran to start South Pars oil production in 2016

Iran plans to start to extract oil from the world's largest gas field next year as part of the Opec member's strategy to boost its crude oil production to at least 3 million barrels per day, official Iranian media reported. Ali-Reza Zeighami, manager of the South Pars oil

More…

Gas leak at Iran refinery, 7 workers injured

A gas leak at the Arak oil refinery in central Iran injured seven workers on Sunday, four of them critically, the semi-official Fars news agency reported. The leak at the sour water processing unit was blamed on workers failing to comply with health and safety protocols, Fars sai

More…

Adipec 2015 awards open for nominations

The Abu Dhabi International Petroleum Exhibition and Conference (Adipec) awards is open for nominations and will close on July 30. The awards will once again recognise excellence in energy, and is returning this year with two new categories that play a pivotal role in advancing t

More…

Saudi high oil output based on demand: minister

Saudi Arabia's high crude oil production policy is based on the status of global demand and the top oil exporter is keen to maintain its market share, the kingdom's deputy oil minister said on Monday. Speaking to reporters in Saudi Arabia, Prince Abdulaziz Bin Salman Bin

More…
 1 2 3 4 5 > 

calendarCalendar of Events

Ads