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Last Updated: Fri, Feb 5 2016 | 8:58 PM |
Spanish energy firm to offload UAE solar stake in fire sale
Energy»

Spanish energy firm to offload UAE solar stake in fire sale

Saturday, 6 February 2016 12:58 AM

Indebted Abengoa will sell its 20% holding in Shams-1 power plant as it bids to avoid bankruptcy

Saudi Aramco may buy India's $5.5bn Essar Oil
Energy»

Saudi Aramco may buy India's $5.5bn Essar Oil

Thursday, 4 February 2016 1:47 PM

Saudi oil giant is reportedly in frame for deal for company owned by billionaire Indian brothers

Shell posts lowest income in at least 13 years as oil price takes toll
Energy»

Shell posts lowest income in at least 13 years as oil price takes toll

Thursday, 4 February 2016 12:12 PM

Shell, whose shareholders last week approved its takeover of rival BG Group, said 2015 income fell 87 percent year on year to $1.94 billion

Saudi Arabia faces oil pricing dilemma as Iran raises output
Energy»

Saudi Arabia faces oil pricing dilemma as Iran raises output

Thursday, 4 February 2016 10:43 AM

Export prices set by state oil giant Saudi Aramco could offer a glimpse into whether the OPEC kingpin will continue a strategy of keeping output high

ADNOC official laments challenge of recruiting Emiratis
Jobs»

ADNOC official laments challenge of recruiting Emiratis

Wednesday, 3 February 2016 1:33 PM

Many nationals only want to take up 'easy jobs', says HR executive at Abu Dhabi National Oil Company

BP reports biggest ever annual loss of $6.5bn
Energy»

BP reports biggest ever annual loss of $6.5bn

Wednesday, 3 February 2016 11:22 AM

BP, still grappling with $55bn of costs from Gulf of Mexico oil spill in 2010, said it would cut 7,000 jobs by the end of 2017

Kuwait's KPI completes sale of Rotterdam refinery to Gunvor
Energy»

Kuwait's KPI completes sale of Rotterdam refinery to Gunvor

Monday, 1 February 2016 8:29 PM

Kuwait Petroleum International says Swiss trading house will continue to operate refining operations

Kuwait to set up company to run MidEast’s largest refinery complex
Energy»

Kuwait to set up company to run MidEast’s largest refinery complex

Monday, 1 February 2016 9:14 AM

New company, KBRC, will also manage a planned permanent liquefied natural gas import terminal

Energy accounts for 75% of Saudi Q3 2015 contracts
Energy»

Energy accounts for 75% of Saudi Q3 2015 contracts

Sunday, 31 January 2016 5:09 PM

Value of awarded contracts in July slumped to $853.31m, which was the lowest monthly level registered up till September of 2015

Saudi Arabia wants to cooperate to support oil market
Energy»

Saudi Arabia wants to cooperate to support oil market

Sunday, 31 January 2016 2:25 PM

Saudi Arabia didn't make output cut proposal - source told Arabiya TV

2
Dubai opens consultancy tender for $27bn green fund
Energy»

Dubai opens consultancy tender for $27bn green fund

Saturday, 30 January 2016 5:27 PM

Move comes as Dubai wants to obtain 7% of its energy from lower-emissions sources by 2020

Dubai's DEWA says to invest $70m in new water network
Energy»

Dubai's DEWA says to invest $70m in new water network

Friday, 29 January 2016 10:29 AM

State utility firm awards contract to supply, lay and commission 46km water transmission network in Dubai

World Bank cuts 2016 oil price forecast to $37, down by $14
Energy»

World Bank cuts 2016 oil price forecast to $37, down by $14

Friday, 29 January 2016 1:01 AM

Oil prices fell by 47% in 2015 and are expected to decline by another 27% this year, says report

Saudi Arabia set to spend through oil crash to sustain output
Energy»

Saudi Arabia set to spend through oil crash to sustain output

Thursday, 28 January 2016 3:09 PM

World's biggest oil exporter says investments in oil fields must continue despite prices hitting 12-year low

UAE set to reduce petrol, diesel prices in February
Energy»

UAE set to reduce petrol, diesel prices in February

Thursday, 28 January 2016 1:26 PM

Ministry of Energy says domestic price of diesel will drop by 15% compared to January


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Event recognised 12 winners from across the length and breadth of Saudi industry

Dubai ruler launches $272m global drive to combat poverty, unemployment

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In Pictures: Sheikh Rashid bin Mohammed: 1981-2015

Sheikh Rashid bin Mohammed bin Rashid Al Maktoum, who died of a heart attack on Saturday morning...

Entrepreneurs of the Week: Rania and Zaina Kanaan, co-founders of Chari Cycles

Entrepreneurs of the Week: Rania and Zaina Kanaan, co-founders of Chari Cycles

Sisters turn their passion for cycling into a social enterprise designed to help children living...

Entrepreneur of the Week: Vikas Punjabi, founder of Loco’Motion

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Firm uses the power of film to draw attention to important societal issues and inspire UAE...

Entrepreneur of the Week: Abdullah Alzabin, founder of Lumba

Entrepreneur of the Week: Abdullah Alzabin, founder of Lumba

The Arabic entertainment firm has been chosen as one of Apple’s most noteworthy gaming apps...

Entrepreneur of the Week: Thea Myhrvold, Founder of Teach Me Now

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Her online tutorial portal recently won Infiniti's international start-up competition worth...

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