2008
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Taqa's 9-month profit jumps 318%
The Abu Dhabi National Energy Company (Taqa) has reported that its net profit for the first nine... Read full article »
Adnoc cuts supply
Abu Dhabi National Oil Co (Adnoc) has notified its term customers that it will cut its contracted... Read full article »
$3bn carbon capture project set for 2013
The developer of Abu Dhabi's $3bn Carbon Capture & Storage project said the scheme will be... Read full article »
Oil falls for 3rd straight day
Oil fell for a third day on Tuesday, dropping almost $1 to near a 17-month low on fears of a... Read full article »
Gulf states close to regional power grid deal
The Gulf states are soon to sign an agreement to pave the way for a regional electricity grid and... Read full article »
Water treatment projects valued at $100bn
The waste water treatment and desalination projects under construction in the Middle East is... Read full article »
Dubai retailers reduce price of diesel
Dubai fuel retailers including ENOC, Eppco and Emarat have cut the price of diesel by Dhs0.70 a... Read full article »
Saudi plans on track despite falling oil prices
The government has sought to reassure Saudis that modernisation schemes are on track after fears... Read full article »
Opec cuts output by 1.5m bpd
The Organization of Petroleum Exporting Countries (Opec) has said it will slash oil output by 1.5... Read full article »
Opec should trim output by 2m barrels a day, says Iran
Iranian Oil Minister Gholamhossein Nozari said today that OPEC should cut crude oil production by... Read full article »
Oil prices dip below $67
Oil prices fell below $67 a barrel to 16-month lows Wednesday after the US government reported... Read full article »
Iran launches South Pars phase six
After a two-year delay, phase six of the giant South Pars gasfield in Iran was launched yesterday... Read full article »
OPEC faces split over oil cuts
OPEC members are divided about the group's plans to cut output and raise prices, reported... Read full article »
Qatar, Iran, and Russia may form 'Gas Opec'
Qatar, Iran, and Russia, the world's three leading natural gas producers, are forming a 'big gas... Read full article »
Oil price falls again
World oil prices weakened in Asian trade on Wednesday on renewed worries about energy demand in... Read full article »
