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2016-10-20 18:30:00

THE NEW TIMES OF UAE

THE NEW TIMES OF UAE

OGFJ wrote, as one of the world's top 10 oil and gas producers, the UAE enjoys one tenth of global reserves, but the new reality of USD 50 a barrel has not left the Gulf petro-state entirely unscathed. With a Federal Cabinet reshuffle and the appointment of a new CEO for the Abu Dhabi National Oil Company (ADNOC), who unveiled a plan outlining transformative reform, it is clear that the UAE is seizing the opportunity of the oil price crash to thoroughly revamp itself.

In February 2015, in response to the prospect of oil running out in the UAE…

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Tags: OIL, GAS, PRICES, UAE
Chronicle:
THE NEW TIMES OF UAE
2019, May, 24, 09:55:00
SOME PROBLEMS OF WORLD ENERGY. PART FOUR.
The introduction of oxygen energy technologies will allow 3-5 times reduce the price of heat and electricity, which will expand the use of the benefits of electricity to virtually all people on Earth, regardless of their economic condition and their removal from the traditional onnyh energy sources.
THE NEW TIMES OF UAE
2019, May, 24, 09:50:00
FIRST BANGLADESH'S LNG
Bangladesh’s second liquefied natural gas (LNG) floating facility is set to receive its first ship-to-ship transfer of gas from an Algerian cargo,
THE NEW TIMES OF UAE
2019, May, 23, 12:35:00
OIL PRICE: ABOVE $70 YET
Brent crude futures were at $70.36 per barrel, down 63 cents, or 0.9%, from their last close. U.S. West Texas Intermediate (WTI) crude futures were down by 51 cents, or 0.8%, at $60.91 per barrel.
THE NEW TIMES OF UAE
2019, May, 23, 12:15:00
U.S. SANCTIONS FOR GERMANY
The German Economy Ministry has taken note of the threat of U.S. sanctions being placed on the Nord Stream 2 gas pipeline project, a spokeswoman said on Wednesday, adding that Berlin rejected sanctions that have extraterritorial effect.
THE NEW TIMES OF UAE
2019, May, 23, 12:10:00
RUSSIA'S GAS FOR AUSTRIA: +44%
the meeting participants discussed the ongoing exports of Russian gas to Austria, noting that gas exports to the country continue to grow in 2019 and the pace is accelerating. According to preliminary data, gas supplies went up by 20.5 per cent in January-April 2019 compared to the same period of 2018, while the May 1–20 period of this year showed a 44 per cent increase.
THE NEW TIMES OF UAE
2019, May, 23, 12:05:00
VIETNAM, RUSSIA LNG
NOVATEK announced that its joint venture Arctic LNG 2 and TechnipFMC signed a contract on engineering, procurement, supply, construction and commissioning of an integrated liquefied natural gas facility with annual liquefaction capacity of 19.8 million tons under the Arctic LNG 2 project. The contract terms provide for the launch of the first train of the project in 2023.
THE NEW TIMES OF UAE
2019, May, 23, 12:02:00
21ST AFRICA ENERGY FORUM | 11-14TH JUNE | PORTUGAL
The Africa Energy Forum (AEF) is the global investment meeting for Africa’s power, energy, infrastructure and industrial sectors.
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