French president says he wants to help UAE stabilize world oil prices
ABU DHABI, United Arab Emirates (AP) — French President Nicolas Sarkozy urged both oil-rich nations and industrial powers Tuesday to work to stabilize world oil prices, noting that the global economy cannot afford major price swings while it works to recover from the [...]
By Mary Beth Sheridan
The White House said today that President Obama has approved an agreement to help build a nuclear-energy program in the United Arab Emirates, setting up a congressional review of the controversial accord.
The agreement was reached at the end of the administration of President George W. Bush, and left for Obama to shepherd [...]
DUBAI (AFP) — The economies of Middle East oil exporters are likely to suffer from a possible prolonged global recession as demand for the region’s main export wanes, the International Monetary Fund said on Sunday.
Government expenditure, however, should mitigate the slowdown, the IMF said in a report released in Dubai.
Arab states in the Gulf and [...]
DUBAI: A new industry is swiftly taking shape around what is expected to be the Arab world’s first independent civil nuclear power programme, according to an engineering, safety and risk management consultancy.
“Several GCC countries have shown interest in nuclear energy but it is in the UAE where moves to establish a legal and regulatory [...]
DUBAI, UAE, Nov 19, 2008 (MARKET WIRE via COMTEX) — Petrolium Oil Alliance Inc. announced it has opened new offices for the company and its U.S. subsidiary PetrOil Inc. formerly CybeRecord, Inc. (PINKSHEETS: CYRD), at King Fahad Road, Oroba Center Suite 4042, Riyadh, Kingdom of Saudi Arabia, Telephone: +966553020240. The action was taken as [...]
Iran’s member of parliament Seied Mohammad Reza Tajeddini said here on Sunday that Iran has lost billions of dollars by a gas deal with a Gulf firm, the official IRNA news agency reported.
Tajeddini regarded the contract between the two sides as illegal, adding that it was against the constitution and the interest of the [...]
By Simon Webb
DOHA, Nov 10 (Reuters) - French oil and gas giant Total (TOTF.PA: Quote, Profile, Research, Stock Buzz) is targeting nuclear energy to drive growth long after oil and gas output peak, a top executive said on Monday.
“In the future, energy demand will be constrained by tight supply,” Arnaud Chaperon, Total’s senior vice [...]
By Himendra Mohan Kumar, Staff Reporter
Abu Dhab:i Dubai oil retailers Emirates National Oil Company (Enoc), Emirates Petroleum Products Company (Eppco) and Emarat have cut the price of diesel at the pumps by 50 fils a gallon for a seventh time in less than two months, following a steep decline in global oil prices, sources told [...]
The oil and gas industry is highly sensitive to the economic, political, and technological scenario across the world. Relaxation of governmental regulations and privatization of energy sector will lead to increase in oil and natural gas consumption and liberalization of the foreign investment policies.
San Jose, CA (PRWEB) September 15, 2008 — Oil and natural [...]
