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Egypt pays $350mn to BG Group Dana Gas will invest $270mn in Egypt's main gasfield after receiving payments back.

Egypt pays $350mn to BG Group

The amount has been given as part of a deal to repay Egypt's dept

 •   Egypt seeks $1.5bn loan to repay oil and gas debts
 •   BP Egypt starts drilling Atoll-1 well
 •   Egypt's top refinery hopes to start exporting


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Saudi Minister says OPEC decision not political

Saudi Minister says OPEC decision not political

Ali al-Naimi said accusations of political motivation are baseless
 
UAE calls for a unified approach for oil in 2015

UAE calls for a unified approach for oil in 2015

UAE's energy minister asks oil producing countries around the world to follow Opec's lead
 
Automation here to stay: ABB VP

Automation here to stay: ABB VP

Perk Erik Holsten talks technology trends and expectations for 2015
 
3M hosts safety day seminar in Dubai

3M hosts safety day seminar in Dubai

Event raised awareness of safety at the workplace
 

 

Air Liquide opens new center in RAK, UAE

Air Liquide opens new center in RAK, UAE

Manufacturing centre was constructed following a $50mn investment
 
Cheaper oil good for the economy- Al Habtoor boss

Cheaper oil good for the economy- Al Habtoor boss

The benefits of lower oil prices outweigh the negatives, says Khalaf Ahmad Al Habtoor
 
Gas Arabia Summit to address energy innovation

Gas Arabia Summit to address energy innovation

Industry event with address sustainable progress and innovation
 
ConocoPhillips slashes budget for 2015

ConocoPhillips slashes budget for 2015

Capital budget for 2015 down 20% compared with 2014
 
Unique Systems conducts fracking course

Unique Systems conducts fracking course

Hypack one of the most widely used surveying packages
 
Halliburton appoints former Saudi Aramco veteran

Halliburton appoints former Saudi Aramco veteran

Abdulaziz F. Al Khayyal had worked at Aramco for three decades
 
Orange Business Services opens new Saudi office

Orange Business Services opens new Saudi office

Dammam division is one of three offices company has in the Kingdom of Saudi Arabia
 
DME Oman trades below $70 barrel

DME Oman trades below $70 barrel

Prices have now fallen by almost 40% in four months
 
Vinci rebrands oil and gas businesses

Vinci rebrands oil and gas businesses

Energy companies will now be known as Actemium
 
Shah Gas field key to UAE power generation

Shah Gas field key to UAE power generation

Report says the Emirates will invest in natural gas and solar to power its economy
 
Petronas Q3 profit drops 12.4%

Petronas Q3 profit drops 12.4%

Profit fell from $5bn a year earlier to $4.45bn in July- September
 




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