Energy Sector

World Future Energy Summit to be held in Abu Dhabi

World-Future-Energy-SummitThe World Future Energy Summit is going to be held in Abu Dhabi during this month. Qatar Airways, which is the national airline of the State of Qatar, has been selected as Official Carrier of the year 2011.

New eco-friendly filling stations in Dubai

EnocIt seems like the final ecological oxymoron: a green petrol station. In the end, the vapors unconfined by engines on fire petrol and diesel grounds by the air pollution that is mainly to hold responsible for climate modification. However the officials at the Emirates National Oil Company (Enoc) are not fearful on the phrasal disagreement.

Dana Gas production in Egypt flows 20 pct during 2010

Dana-GasOn Tuesday, Dana Gas expressed that its production in Egypt augmented by 20 percent during 2010 supported by production through seven latest fields at the Nile Delta.

Productivity strike 42,000 barrels of oil alike per day (boepd) during 2010 and is anticipated to increase to 67,000 boepd during mid-2012, Dana expressed the data in a report to the Abu Dhabi bourse. Dana managed to discover 14 wells this year with the initial, Sanabel-1, in progress.

Industrial hiring gets a boost of $1bn

GascoMany of the construction vacancies will be formed when operation on a US$1 billion (Dh3.67bn) gas development start on this year, get going with a signal of industrial assignments athwart Abu Dhabi.

Abu Dhabi Gas Industries (Gasco) previous week honored agreements to develop Habshan sulphur station and the Ruwais sulphur handling terminal that shall mutually make use of approximately 5,000 workers at the crest of creation.

EPPCO Lubricants signs contract with Bus Service Provider STS

EPPCO-LubricantsEPPCO Lubricants has recently signed a contract with STS or School Transportation Services which is considered to be one of the major school bus transportation service providers.

Dana Gas stocks reach to their month’s high

Dana-GasDuring the early trading in Abu Dhabi, the share prices of Dana gas picked just from where they left the previous day. And later during the day it reached to its highest level in a month.

At 11:06 am, the share went up by 2.7 per cent to 74 fils. And the reason for this rise is said to be winning of bids by the company to gain rights for exploring oil in 8 blocks across Syria. The information was given by the Deputy Oil Minister Hassan Zainab.

Tehran wants to share nuclear knowledge with UAE

Mohammad-Reza-FayyazMohammad Reza Fayyaz, Tehran’s ambassador in UAE, has informed that their country is all ready to share their nuclear expertise with UAE. This will be in all areas that are related to nuclear study and nuclear energy is also going to be included.

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