Abu Dhabi-based Dolphin Energy has announced that gas supplies to the UAE from its plant in Qatar have been cut to 1.8 billion cubic feet (bcf) from 2 bcf, Reuters has reported. “Dolphin Energy today confirmed that due to a leak in one of its two sulphur recovery units, SRU1, at its processing plant, throughput [...]
The Abu Dhabi bourse ADX added 0.11% to reach 2,672.89 points. Shares of Sharjah-based Dana Gas closed 1.47% higher at Dhs0.69. Earlier in teh day Dana reported a first quarter net profit of Dhs92m, a 180% compared to Q1 2010.
Iraq: Etihad Airways, the national airline of the United Arab Emirates (UAE), this week celebrates its very successful first year of operations in Iraq. Etihad, the first airline in the UAE to fly to Baghdad, commenced services from Abu Dhabi to the Iraqi capital in April 2010 and two months later commenced operations to Erbil, [...]
The UAE Opec governor has said the country is set to pump more oil to fill the gap from a drop in Libyan oil supply, Reuters has reported. “As oil exports from Libya were affected, other Opec members stepped in including Saudi, Kuwait, Angola and the UAE,” Ali Obaid Al Yabhouni told a conference in [...]
A consortium comprising Abu Dhabi Electricity & Water Authority (Adwea), Sumitomo Corp, the Korea Electric Power Corp, has awarded Siemens Energy a follow-up order for the construction of a turnkey combined cycle power plant. Siemens will build the Shuweihat S3 plant together with its partner Daewoo Engineering & Construction Co approximately 260 kilometres west of [...]