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Global Interest in Bidding For Oil and Gas Exploration in Ras al-Khaimah

RAS AL-KHAIMAH, 23rd May, 2018 - The RAK Petroleum Authority has announced the interest of international companies to bid for oil and gas exploration in Ras al-Khaimah. The interest comes as a result of the proven hydrocarbon reserves in place,...

ADIPEC 2018 To Unlock Opportunities In Digitalisation

ABU DHABI, 24th May, 2018 - Unlocking the opportunities that will flow from digitalisation will be a key focus for the 2018 edition of the world’s leading oil and gas event, the Abu Dhabi International Petroleum Exhibition and Conference,...

ENOC Offers Emirati Students Scholarships In Collaboration With Heriot-Watt University

DUBAI, 22nd May, 2018 - Emirates National Oil Company, ENOC Group, has announced the start of the application process for a post graduate Masters Degree in Energy from Heriot-Watt University in Dubai. The ENOC Energy Scholarship programme will provide...

ADNOC Receives Significant Interest To Grow Downstream Business

ABU DHABI, 22nd May, 2018 - The Abu Dhabi National Oil Company, ADNOC, today announced that it is receiving considerable interest from potential partners, as it explores a range of new growth options and initiatives to accelerate the delivery...

Gulf Navigation Holding Achieves AED 10 Million Gross Profit During Q1 2018

DUBAI, 14th May, 2018 - Gulf Navigation Holding PJSC has announced a 5 percent increase in its gross profits by the end of first quarter 2018 in comparison to the first quarter 2017. This announcement comes consequently with the company’s...

ADNOC Loads First Crude Cargo For Mangalore Strategic Crude Oil Reserve In India

ABU DHABI, 12th May, 2018 - The historic first cargo of crude oil from the Abu Dhabi National Oil Company (ADNOC), destined for the Indian Strategic Petroleum Reserves Ltd (ISPRL) has, today, been loaded and is en-route to India. The...

ADNOC Appoints Japan’s INPEX/JODCO Asset Leader For Abu Dhabi’s Lower Zakum Concession

ABU DHABI, 30th April, 2018 - The Abu Dhabi National Oil Company, ADNOC, has signed an agreement appointing JODCO Lower Zakum Limited, a wholly-owned subsidiary of Japan’s INPEX Corporation, as the asset leader for Abu Dhabi’s Lower Zakum concession...

ENOC As Expo 2020 Dubai’s Official Integrated Energy Partner

DUBAI, 29th April, 2018 - Emirates National Oil Company, ENOC, has been appointed Expo 2020 Dubai’s Official Integrated Energy Partner with plans to set up a ‘service station of the future’ at the next World Expo. In line with its...

ADNOC, CIPD Sign Agreement For Professional Growth

ABU DHABI, 26th April, 2018 - The Abu Dhabi National Oil Company, ADNOC, and the Chartered Institute of Personnel and Development, CIPD, have signed an agreement to collaborate in enhancing the capability and expertise of ADNOC’s Human Capital staff...

Fujairah Oil Product Stocks Hit 7-Month High

FUJAIRAH, 25th April, 2018 - Total oil product stocks in Fujairah stood at 19.451 million barrels as of Monday, up 7.3 percent from a week earlier, reaching a seven-month high on sizable jumps in light and heavy product levels,...
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Dubai Ranks First Globally in Attracting Foreign Direct Investments (FDI) for Artificial Intelligence and...

The emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers with the most from the European...

OPEC Reports Sizable Improvement in Compliance with Production Cuts

BAKU - The Joint Ministerial Monitoring Committee of oil producers on Monday reported a sizable improvement in compliance with production cuts implemented at the...

EGA Signs Agreement with Maersk for Worldwide Aluminium Shipping

ABU DHABI - Emirates Global Aluminium, EGA, today signed a volume commitment extension agreement for 2019 with the global shipping company A.P. Moller –...