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RAKGas signs oil exploration contract with ZanzibarRAKGas, a wholly Ras Al Khaimah Government-owned oil and gas exploration and production company, through its international subsidiary RAKGas Zanzibar, has signed an oil and gas production sharing agreement with the Government of Zanzibar. More… |
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RAK Petroleum boosts stake in gas fieldRAK Petroleum, the oil and gas exploration and production company based in Ras Al Khaimah, has signed an agreement with the Ras Al Khaimah Gas Commission (Rakgas) to acquire 100 per cent stake in the emirate's Saleh gas field. The More… |
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UAE cement firms turn to coal for want of gasUAE cement makers are turning to imported coal to fire their furnaces as gas is scarce and the petrodollar-fueled building boom shows no signs of letting up. That is likely to drive world coal prices higher still, producers and traders say More… |
