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Fitch Ratings has affirmed Abu Dhabi-based International Petroleum Investment Company PJSC’s (IPIC) Long-term local and foreign currency Issuer Default Ratings (IDR) at ‘AA’ and Short-term IDR at ‘F1+’. A full list of rating actions is …Read full article » : Thursday, August 07 - 2014 @ 09:43
Iraqi Ministry of Oil announced that oil exports for July recorded an increase in the exported quantities in the revenue compared to last June, according to preliminary statistics released by the Oil Marketing Company “SOMO”. …Read full article » : Thursday, August 07 - 2014 @ 09:19
First Solar, Inc. has signed an agreement with the National Electric Power Company (NEPCO) to provide engineering, procurement and construction (EPC) services for the 52.5 megawatt (MWAC) Shams Ma’an photovoltaic (PV) power plant, in the …Read full article » : Thursday, August 07 - 2014 @ 09:13
Kuwait Petroleum Corporation (KPC) announced in a statement to Kuwait News Agency (KUNA), new prices for liquefied gas (propane and butane) for August. Propane will be sold for $780 per metric ton, down by $40 …Read full article » : Thursday, August 07 - 2014 @ 09:07
The Abu Dhabi stock market index ADXGI fell for the fourth session straight on Wednesday, August 6, closing 0.94 per cent lower at 4,916.23 points
Market bellwether Etisalat, the most valuable company in the UAE, lost …Read full article » : Wednesday, August 06 - 2014 @ 17:41
Saudi’s non-oil industries have achieved their highest result since 2012, a survey showed on Tuesday.
On Monday, AMEInfo reported that Saudi’s decision to open up its stock market to foreign investors has been met with …Read full article » : Wednesday, August 06 - 2014 @ 14:56
Egyptian Prime Minister Ibrahim Mehleb held discussions with Jeffrey Immelt, GE’s Chairman & CEO, on the sidelines of US-Africa Leaders Summit organized by The White House in Washington D.C.
Immelt underlined GE’s commitment to support …Read full article » : Wednesday, August 06 - 2014 @ 10:50
Emirates National Oil Company (ENOC) announced it has teamed up with the UK-based Energy Institute, the leading chartered professional membership body for the energy industry, to organise specialised training programmes on energy and resource conservation …Read full article » : Wednesday, August 06 - 2014 @ 03:30
Oil and gas companies across the region are racing to make their submissions by 14 August for the esteemed Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) Awards 2014 to cement their position as industry …Read full article » : Tuesday, August 05 - 2014 @ 10:27
An Iranian Oil Ministry official said that Iran plans to provide fuel oil and diesel fuel to Afghanistan and Iraq in the near future when more phases of the South Pars gas field come on-stream, …Read full article » : Tuesday, August 05 - 2014 @ 09:37