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| A comprehensive guide
to current and future events and exhibitions in the UAE |
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Valuable concise reference source on the UAE,
covering political system, economy, business, history and heritage,
education, women, healthcare, tourism and environment. |
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Natural history of the UAE,
covering all animals and plants recorded in the Emirates. |
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Report by National US Arab Chamber of Commerce on the UAE. Vol XV, No 3, June 2007. Includes analysis of UAE economy. |
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THE ECONOMY - OIL AND GAS
 IPIC signs MoU with two partners to build fertilizer complex in Uzbekistan
Posted on 21/08/2008
Abu Dhabi government owned-International Petroleum Investment Company (IPIC) of Abu Dhabi and Borealis signed a Memorandum of Understanding (MoU) with Uzbekistan's State Joint-Stock Company (Uzkimyosanoat) to conduct a feasibility study for the construction of a world-scale Fertilizer complex in Uzbekistan.
State Joint-Stock Company Uzkimyosanoat consists of 12 chemical plants, 13 distributing companies, two engineering and scientific research institutes and a logistics company. Borealis is
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 ENOC to enhance customer service
Posted on 20/08/2008
Cylingas, a subsidiary of ENOC, has launched a productivity programme aimed at providing enhanced services to customers. As part of the programme, Cylingas invested in a Dhs6m Electronic Synchronised Full Hydraulic Rolling machine to double the rolling/forming of steel plates towards increasing of production capacity from 3,250 tons per year to 6,500 tons per year. Inaugurated by Saeed Khoory, ENOC Group Chief Executive, the machine comprises 'MCB 3070' four rolls 3000mm x 70mm with 'HP
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 Dana Gas profit surges 17% in Q2
Posted on 18/08/2008
A surge in its oil and gas revenue boosted the net profit of Dana Gas by nearly 17 per cent in the second quarter of 2008 and the company expects further growth through the year.
Net earnings grew to around Dh34 million in the second quarter from nearly Dh29m in the same period of last year, an increase of 17 per cent, Dana Gas said in a statement yesterday.
Revenue from oil and gas production surged by 28 per cent to Dh309m while EBITDA (Earnings before Interest, Depreciation and Depletion
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 Dubai to cut diesel prices again
Posted on 18/08/2008
Dubai oil retailers - Emirates National Oil Company (Enoc), Emirates Petroleum Products Company (Eppco) and Emarat will cut the diesel price at the pump by 50 fils a gallon as of today, marking their fourth cut in prices in less than a month, company sources told Gulf News on Sunday.
"The price of diesel at Dubai's pumps will come down to Dh17.25 a gallon from Dh17.75 a gallon from midnight," said one of the sources.
Gulf News last week reported the extent of the cut being planned by the oil
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 Abu Dhabi could develop offshore sour gas field
Posted on 17/08/2008
Abu Dhabi Gas Industries Co (Gasco) is studying the development of an offshore sour gas field and is unlikely to involve foreign firms in early planning, the Middle East Economic Digest (MEED) reported.
Gasco, a unit of Abu Dhabi National Oil Co (Adnoc), is conducting its own study on the potential for the offshore Hail sour gas field, the magazine reported on Friday.
"This is early work but no international contractors are being canvassed, which suggest the initial engineering and design
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 Dubai retailers slash diesel price by 50 fils
Posted on 13/08/2008
Emirates National Oil Company (Enoc), Emirates Petroleum Products Company (Eppco) and Emarat - have slashed the retail price of diesel again at the pumps by 50 fils a gallon, in line with the falling global crude and oil product prices, oil company sources told Gulf News on Tuesday. "The new diesel price is Dh17.75 per gallon. The fuel's price reflects the downward trend in international oil prices," said one of the sources.
Spokesmen for oil companies were unavailable for comment when reached
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 Self service at 10 ENOC stations from today
Posted on 12/08/2008
Motorists will have to fill petrol and diesel on their own at 10 ENOC (Emirates National Oil Company) stations in Dubai and the Northern Emirates from Tuesday. According to Khalid Hadi, ENOC Group brand and marketing manager, this self-service is a pilot project being started following the global trend. "In the US and Europe, all use the self-service method. Now we want to test the reaction across the UAE."
Asked why the project is being launched in the summer, Hadi said this is the best time
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 ENOC to introduce self-service at 10 select service stations
Posted on 07/08/2008
In keeping with international trends, ENOC recently announced that the company will be implementing the self-service concept for buying fuel at select stations in Dubai and the Northern Emirates. The pilot project will commence at three sites in Dubai and seven in the Northern Emirates on August 12, 2008.
The 10 ENOC service stations where the self-service scheme will be introduced include Al Bada'a, opposite Jumeirah Jail, Al Manara on Jumeirah Beach Road, Al Hashimi, behind Sahara Centre, Al
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 ADNOC announces crude retrospective prices for July
Posted on 06/08/2008
The Abu Dhabi National Oil Company (ADNOC) yesterday announced the retrospective prices for the month of July 2008 for Abu Dhabi's four main grades of crude oil. The prices (FOB Abu Dhabi ports) for the onshore Murban crude was set at US$137.35 per barrel, while prices for the three offshore crudes were set at US$137.25 for Lower Zakum, US$136.35 for Umm Shaif and US$131.65 for Upper Zakum. – Emirates News Agency, WAM
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 ADNOC-FOD launches e-diesel Rahal card
Posted on 05/08/2008
The Abu Dhabi National Oil Company for Distribution (Adnoc-Fod) will stop selling diesel for cash from 15th this month as it is launching an e-payment system from tomorrow 5th August. A grace period of ten days has been announced to facilitate transition from cash purchase to e-payment. The Rahal e-Diesel card is intended to systematise selling diesel at ADNOC-FOD filling stations across the country, a statement said.
Customers will be given the option of buying the pre-paid cards in three
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 Demand for fuel in UAE increased 4.6% in 2007
Posted on 04/08/2008
UAE fuel demand grew by around 4.6 per cent to more than 223,000 barrels per day in 2007 and industry sources expect it to swell by over five per cent this year. From nearly 213,900 bpd in 2006, consumption of petrol, kerosene, diesel and other refined products increased to a record 223,800 bpd in 2007, the ministry of economy said in a new statistical report yesterday.
The demand last year was nearly 100,000 bpd higher than the consumption of around 127,000 bpd in 1999, the report said. It
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 Dana Gas and Crescent Petroleum to establish Kurdistan Gas City
Posted on 30/07/2008
Gas Cities LLC, a joint venture between Dana Gas PJSC and its partner Crescent Petroleum, announced yesterday that the 461 million square foot site for the Kurdistan Gas City has been officially assigned by the Kurdistan Regional Government (KRG), for development by Gas Cities LLC, following extensive surveys that have been completed on potential sites within the Kurdistan Region of Iraq The Kurdistan Gas City is a major new sustainable and synergistic gas-utilization industrial complex to be
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 E-Marine upgrades cable vessel for offshore oilfields
Posted on 30/07/2008
Submarine cable installer and repairer E-Marine has upgraded its vessel Niwa to enable it to operate close to oil and gas platforms. The computer-controlled dynamic positioning (DP) II system, which automatically maintains a ship's position by using her propellers and thrusters, has been fitted. As a result Niwa will be able to install, repair and maintain telecom and power cables in offshore oilfields.
"The completion of the DP II upgrade raises the benchmark for oilfield cable services in
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![]() Khalifa refinery to expand
Posted on 25/07/2008
The latest cost estimates of US$5 billion for setting up an oil refinery project by Abu Dhabi's International Petroleum Investment Company (IPIC) will increase substantially, as the project now will include a petrochemical city, power generation plant, a port and other necessary infrastructure, said Ahsan Ullah Khan Pakistan's outgoing ambassador.
"The additional features of the Khalifa Coastal Refinery being built at Hub near Karachi, by IPIC and Pak-Arab Refinery Company (Parco), will swell
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 ENOC adopts unique 'go green' initiative
Posted on 24/07/2008
Emirates National Oil Company (ENOC), the Dubai Government-owned, diversified Energy Group, recently launched 'Go Green', a waterless car wash initiative that allows car owners to have their cars cleaned and shined without using a single drop of water. The new concept saves water and prevents detergents from polluting the environment with its new No-Wet technique, an all-in-one eco-friendly car wash liquid.
No-Wet is made from seventeen major active ingredients including Kaolin Clay, a
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