UAE | Egypt Oil & Gas - Part 57
GCC Receives Hydrocarbon Advice from London
GCC economies should continue diversifying from hydrocarbons in the backdrop of volatile crude oil prices, and the City of London can offer all sort of instruments to finance infrastructure projects in case of any sho...
Kurd Oil Boosting Supply at Low Prices
Oil producers in Iraqi Kurdistan are unrelenting in their goal to boost output even after the collapse in international prices to below $50 a barrel. Genel Energy Plc (GENL), headed by former BP Plc chief Tony Hayward...
UAE, Egypt and Saudi Lead Renewables Demand
The UAE and Egypt are expected to account for the highest demand for renewable energy in the region this year, according to Luc Grare, senior vice president of sales and marketing at REC Group, a global provider of so...
UAE gives over $700 Million for renewable energy
The UAE has allocated $700 million (Dh2.5 billion) since 2009 in support of the renewable energy sector in developing countries, a top official said on Saturday. “We in the UAE are committed to supporting the Internat...
Abu Dhabi Lead Shares Market After Oil Price Jump
Shares in Abu Dhabi rose to the highest level in three weeks, leading gains in Gulf Arab markets, after crude oil surged the most in more than two years. Dubai’s stocks also advanced. The ADX General Index (ADSMI) add...
Lime Petroleum Prepares to Drill Offshore UAE
Hibiscus Petroleum has issued a progress report on the activities of its part-owned subsidiary Lime Petroleum offshore the UAE. Zubara Petroleum, a Lime subsidiary, has secured an extension from Sharjah’s government f...
Egypt receives 6 fuel shipments from UAE
Egypt has received six shipments of fuel from the UAE as part of the Gulf state’s promised aid following the ouster of Islamist president Mohamed Morsi. Spokesman for the petroleum ministry Hamdi Abdel-Aziz told Ahram... UAE Plans to Increase Crude Output
The United Arab Emirates (UAE) consists of seven emirates including Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain. Oil and gas production has been the mainstay of the economy of the coun... 
