“Investments are ongoing, we are a mature producer,” Energy Minister Suhail Al Mazrouei told reporters Sunday at a conference in Abu Dhabi, reported Bloomberg. The U.A.E. has said it plans to boost oil-production capa...
The UAE has just signed a bilateral trade agreement with Belize, reported Trade Arabia, to open opportunities for energy investments in the Central American state and expand the country’s regional energy profile...
The United Arab Emirates is open to meeting any demand for oil from Japan, announced the UAE Minister of Economy Sultan bin Saeed al-Mansouri, reported Zawya. UAE ranks as the second-biggest crude oil exporter to Japa...
The Emirates Nuclear Energy Corporation (Enec) announced the installation of its Unit 2 Steam Generators (SGs) at the Barakah Nuclear Power Plant (Barakah NPP), reported Trade Arabia. The SG units are made of stainles...
A source in the Gulf oil industry told Reuters that Saudi officials were “seriously” thinking about reducing fuel subsidies, if gradually. This was in response to a Saudi publication, Al Watan’s Satu...
Amazon Filters has just partnered with UAE-based EPC Solutions to increase its brand awareness in the Middle East oil and gas industry, reported Trade Arabia. Amazon Filters is a leading European manufacturer of indus...
UAE-based oilfield services provider AlMansoori Specialized Engineering will attend the Offshore Europe exhibition and conference, announced Trade Arabia. The event will run from September 8-11 in Aberdeen, Scotland, ...
Sandvik Materials Technology, a division within the Sweden-based Sandvik Group, has just won two important contracts in the UAE, reported Trade Arabia. The first contract is to supply a complete package of materials s...
“We are laying the necessary groundwork for gas exports” to the UAE, Kuwait, Bahrain and Oman, announced Managing Director of the National Iranian Gas Exports Company (NIGEC) Ali Reza Kameli. Kameli explained that Ira...
United Arab Emirates stock markets slid in early trade on Sunday in response to further weakness in oil prices, reported Reuters. Nonetheless, analysts were confident the UAE could weather the storm because of its eco...