Thursday 30 October 2014
 
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Al Jaber wins $700m Abu Dhabi housing contract

Abu Dhabi conglomerate Al Jaber Group, which agreed a debt restructuring in June, has won a Dh2.57 billion ($699.8 million) contract to build 40 residential buildings in the UAE emirate, it said on Tuesday. State-owned Abu Dhabi N

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UAE asks oilfield bidders for two-month offer extension

The UAE has asked bidders for its biggest onshore oilfields to extend their offers by two months until December 31, sources familiar with the matter said, as the country considers bringing in Asian firms after decades-long partnerships with we

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EGPC to buy 65pc of its oil products from UAE

Egypt's state oil company Egyptian General Petroleum Corporation (EGPC) will buy 65 per cent of its oil product import needs from the UAE’s Adnoc for one year after the government approved the deal on Wednesday. The agre

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East Africa moving towards cleaner fuels

Plans for five countries in East Africa to adopt cleaner fuel standards in 2015 are likely to help absorb excess low-sulphur oil products coming out of Middle East and Indian refineries, where new capacity is being added, industry sources said.

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Adnoc acquires 34 service stations in UAE

Adnoc Distribution, a unit of Abu Dhabi National Oil Company, has announced the successful acquisition of 34 Emarat service stations and a fuel depot at Port Khaled in Sharjah. As per the agreement signed with Emirates General Pet

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India, UAE in strategic oil storage lease talks

India is in talks to lease part of its planned strategic storage to UAE's state oil company Abu Dhabi National Oil Company (Adnoc), two government sources said, as New Delhi moves to protect its economy against crude price shocks and supply

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Adnoc hosts meeting for service station projects

Adnoc Distribution recently hosted a kick-off meeting on its strategic ‘Turnkey Solutions for Service Stations’ project as part of its ongoing Smart Service Stations programme. The meeting was held at St Regis Hotel, A

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Adnoc Distribution signs franchise deal with Al Olaibi

Adnoc Distribution Global Company (ADGC) has signed a franchise deal with Saudi Arabian Al Olaibi Group, a leader in distribution and transportation of petroleum products in the kingdom.   The first phase of the

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Samsung Engg wins Meed project award

Samsung Engineering said it has received the Meed Quality Awards for Projects, in association with Mashreq 2014 for its Ruwais Fertilizer Industries (Fertil)-2 ammonia and urea plant in UAE. Hosted by Meed, at the Gala Awards cere

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First solar car contest launched in Abu Dhabi

The Abu Dhabi Solar Challenge (ADSC), the first ever solar car competition to take place in the UAE, will navigate the entire country, starting and finishing in the UAE capital. The 1,200km ADSC, announced today (May 6), will take

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