Russia and the Middle East
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Sun, 16 december 2018Sun
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Oil routs

The date, 14th September, is a special day for OPEC, as in 1960, its five founding members - Iraq, the Islamic Republic of Iran, Kuwait, Saudi Arabia and Venezuela - created the organisation during the historic Baghdad Conference.
16 september 2017
The TurkStream pipeline will allow Moscow to strengthen its position in the European gas market and cut energy supplies via Ukraine, the main route for Russian energy into Europe.
11 october 2016

The department sets the price of Dubai crude oil in the markets in parallel with Oman oil prices
16 december 2018
Slump in world oil prices will have no impact on the UAE's vibrant economy, Suhail bin Mohammed Faraj Faris Al Mazrouei, the UAE Minister of Energy, emphasised on Tuesday.
16 december 2018
Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, has revealed that Abu Dhabi National Oil Company (ADNOC) has so far invested US$70 billion to develop new oil and gas fields and to boost the current output capacity of the UAE to 3.5 million barrels per day by 2017.
11 november 2014
Survey respondents commented on increased marketing efforts and improving economic conditions in the country. Employment levels rose to a lesser extent in January than at the end of 2013 as non-oil producing private sector companies in the UAE reported a sharp but weaker rise in activity, according to the latest HSBC Purchasing Managers Index report.
02 may 2014
With the UAE pressing ahead with a plan to boost crude oil production capacity to 3.5 million barrels per day (bpd) by 2017, the country retained its position in the Middle East as the biggest spender in oil and gas sector.
16 december 2018
The UAE has emerged as the largest operations base for Total of France in the Middle East and the company is set to mark 75 years of presence in the country  coinciding with the upcoming renewal of ADCO concession next year.
06 may 2013
Oil prices are reflecting fundamentals of demand and supply and the current prices of US$105 to US$110 are considered good in light of the circumstances in some producing countries in the region and beyond, the Minister of Energy Mohammed Dhaen AL Hameli said.
01 june 2013
As one of the worlds largest oil producers, the UAE is doing everything but resting on its laurels when it comes to its ensuring future contributions to the global energy sector.
16 december 2018