Posts

UAE-Russia Taskforce Meeting held

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(Abu Dhabi) - The current slump in the world oil prices poses a real challenge to oil exporting countries but did not have any impact on the UAE's economy, thanks to the economic diversification policy adopted by the country, Suhail bin…

UAE Energy sector posts novel achievements

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(Abu Dhabi) - The energy sector in the UAE is well positioned to join the league of the most innovative nations, thanks to "2015 the Year of Innovation" initiative, launched by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the…

Abu Dhabi wins bid to host 2019 World Energy Congress

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(Cartagena) - H.E. Suhail bin Mohammed Faraj Faris Al Mazrouei, U.A.E. Minister of Energy and Chairman of the U.A.E. National Committee for the World Energy Council, WEC, has expressed his happiness with Abu Dhabi's winning bid to host the…

UAE pumps heavy investment into energy sector

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(Abu Dhabi) - The U.A.E. is planning to raise its oil output capacity to 3.5 million barrels per day by 2017 and refining capacity to 1.1 mbpd from 707,000 barrels per day, affirming its strategic vision as a major oil producer in the world,…

GCC to have unified petroleum products prices

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(Abu Dhabi) - The six member states of the Cooperation Council of the Arab States of the Gulf (GCC) have considered the possibility of unifying their prices of petroleum products at a recent meeting in Kuwait, according to Suhail bin Mohammed…