UAE

in figures

Disruptive technology comes to downstream logistics
NEWS
UAE - April 08, 2019

Gulf Petrochemicals and Chemicals Association (GPCA) Secretary-General Dr. Abdulwahab Al Sadoun on Monday hailed an upcoming…

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Dragon Oil eyes $500-mln acquisitions in 2019
NEWS
UAE - October 11, 2018

Dubai’s Dragon Oil is planning to invest USD 500 million in oil and gas asset acquisitions in 2019, the company’s CEO told…

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Sharjah in oil and gas auction
NEWS
UAE - June 25, 2018

The emirate of Sharjah launched a licensing round for three blocks on Monday, local media reported.

Sharjah National Oil Corporation is to keep 25% stakes in areas A…

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Dana Gas feels sukuk holders’ heat
NEWS
UAE - June 19, 2017

Dana Gas, in an ongoing effort to circumvent a declaration of default by sukuk holders, has been granted its third injunction, the Sharjah gas major said on Sunday.…

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CNPC sets up in Dubai
NEWS
UAE - April 11, 2017

China National Petroleum Corporation (CNPC) will set up a new Middle Eastern headquarters in Dubai, state media reported on Tuesday.

The new premises will be located…

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Enoc awards Jebel Ali contract
NEWS
UAE - April 10, 2017

The Emirates National Oil Company (Enoc) told journalists on Monday that it had contracted local company Rotary Engineering to build 12 storage tanks at the Jebel Ali…

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Lamprell swings to loss on impairment
NEWS
UAE - March 24, 2017

UAE-based rig manufacturer Lamprell posted a USD 184-million loss over 2016 on Friday, mainly on account of a USD 180.5-million impairment charge related to the 2011…

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Week in review
NEWS
UAE - February 17, 2017

TOGY’s coverage of this week’s oil and gas developments was highlighted by the global industry’s response to OPEC’s mandate to cut oil production. Contracts…

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Week in review
NEWS
UAE - February 03, 2017

TOGY’s oil and gas coverage of the past week was dominated by Iran’s downstream news and reporting on Indonesia’s Pertamina. There were also a number of Q4 and…

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Fujairah commences jetty operations
NEWS
UAE - September 21, 2016

The UAE emirate of Fujairah unloaded its first full-sized oil cargo on Tuesday, allowing for storage outside the Strait of Hormuz, a known chokepoint for oil…

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