Abu Dhabi / WAM More than thirty two of Russia’s major oil and gas companies will be exhibiting at this year’s ADIPEC exhibition in Abu Dhabi. The companies will be hosted at a Russian pavilion covering almost 600 square meters, almost six times the size of last year’s 105 square meter pavilion, and include manufacturers, suppliers and producers as well ...

Abu Dhabi / WAM Hatem Al Mosa, Chief Executive Officer of the Sharjah National Oil Corporation (SNOC), said that Sharjah’s strong pipeline network can deliver any amount of gas to the market. Speaking at the UAE Ministry of Energy and Industry Knowledge Series panel discussion entitled, “Oil and Gas Outlook to 2020, What Stage of Cycle are We in?” on ...

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD), has extended an Abu Dhabi government grant worth $45 million (AED165 million) to Colombia. Aimed at underpinning social development, the grant will assist in establishing a network of education and health centres, in addition to launching a programme to support small and medium enterprises, SMEs. Mohammed Saif Al Suwaidi, Director-General of ...

ABU DHABI / WAM Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, over 200 global health leaders will gather in Abu Dhabi on Wednesday, for ‘Reaching the Last Mile – Mobilising Together to Eliminate Infectious Disease’. This milestone convening of government officials, ...

ABU DHABI / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals further strengthened its executive management team with the appointment of Ali Shaukat as Senior Vice President for Risk Management. With more than 28 years’ experience, in-depth industry knowledge and technical skills across various industries in Canada, Middle East, ...

Dubai / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) has finalised its preparations to host the International Conference launching the 10th cycle of the Mohammed bin Rashid Al Maktoum (MRM) Business Award, and the 2nd cycle of the MRM Business Innovation Award. The high-profile conference, entitled ‘Drivers of Growth in Organisations of the 21st Century: Harnessing the ...

Abu Dhabi / Emirates Business The Khalifa University of Science and Technology, a research university dedicated to the advancement of learning through teaching and research and to discovery and application of knowledge, has announced it is participating through Petroleum Institute as an academic partner in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2017. ADIPEC, which opened today, runs ...

Bloomberg The oil market is re-balancing at a quickening pace and production cuts are the “only viable option” to restore stability, OPEC Secretary-General Mohammad Barkindo said. The Organization of Petroleum Exporting Countries should decide at its meeting later this month whether or not to extend the cuts, United Arab Emirates Energy Minister Suhail Al Mazrouei said in a speech at ...

Bloomberg Saudi Arabian Oil Co. is still waiting for a decision on how many of its shares will be offered to the public, or where the listing will be made outside of the kingdom, according to Chief Executive Officer Amin Nasser. The shares will definitely be listed in Saudi Arabia’s market known as Tadawul, Nasser told reporters on Monday at ...

BEIJING / Reuters China Gas Holdings, one of China’s largest domestic natural gas distributors, expects sales to rise 30-45 percent this fiscal year and “sustainable high growth” the next few years due to Beijing’s clean air push, the company’s founder said. China Gas, which counts South Korea’s SK Group and India’s GAIL among its investors, plans to expand its extensive ...