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United Arab Emirates OPEC News. Service for global professionals. Constantly updated news and information about United Arab Emirates.
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Latest United Arab Emirates OPEC News

  • Forecasting the Permanent Decline in Global Petroleum Production 11 Dec 2009 16:16 GMT
    ... Forecasting the Permanent Decline in Global Petroleum Production ... expensive than conventional oil. Figure 3. Select OPEC Reserves 1975-1977 (in billions of barrels). As ... reserves increased by 125%, the United Arab Emirate's by 197%, Iraq's by 112%, and Iran's by 90%. Kuwait's 50% increase is modest by comparison ...

  • UAE power project nuked 11 Dec 2009 04:30 GMT
    ... UAE delays first nuclear power project until March... ... crisis, she said. A spokesperson for the Emirates Nuclear Energy Corp, responsible for implementing the UAE's nuclear programme, declined to comment. ... nuclear plants in the UAE. The fourth-biggest OPEC producer is turning to nuclear power to ...

  • GECF chose Leonid Bokhanovsky as Secretary General 10 Dec 2009 06:40 GMT
    ... various trade unions, including the United Nations OPEC, International Energy Agency and European Union. Bokhanovsky ... Darussalam, Indonesia, Malaysia, Norway, Turkmenistan and the UAE. Norway and Kazakhstan have already had observer status. Azerbaijan, Uzbekistan, Canada and Australia are ...

  • UAE containing downturn: President 10 Dec 2009 01:13 GMT
    ... JEDDAH/KUWAIT CITY: The United Arab Emirates has successfully “contained” the negative impacts of ... the back of its solid economy, the UAE president said on Wednesday. “We have been ... percent since the shock announcement, while its Abu Dhabi counterpart has plummeted 15.2 percent over the ...

  • Gas forum seeks oil price link 9 Dec 2009 16:22 GMT
    ... Last Updated: December 09. 2009 7:41PM UAE / December 9. 2009 3:41PM GMT The 'gas OPEC' says it will not increase production. The Gas Exporting Countries Forum (GECF) has signalled ...

  • Saudi Arabia to use captured C02 in oilfield 9 Dec 2009 15:33 GMT
    ... oilfield Last Updated: December 09. 2009 7:08PM UAE / December 9. 2009 3:08PM GMT Saudi Arabia plans ... footprint. The strategy mirrors similar efforts in Abu Dhabi and comes as climate change negotiators in Copenhagen weigh a proposal backed by ... Arabia scaled back output to comply with OPEC cuts - but after 58 years in ...

  • OPEC unlikely to raise oil output, say some ministers 9 Dec 2009 14:35 GMT
    ... By Raissa Kasolowsky and Luke Pachymuthu of Reuters DOHA ... for Iran, the second-largest producer in the Organization of the Petroleum Exporting Countries, said current prices were not favourable and ... Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela. All except Iraq are bound by ...

  • UAE 'containing' economic downturn: president 9 Dec 2009 11:36 GMT
    ... Emirates president Sheikh Khalifa bin Zayed al-Nahayan, seen ... woes of Dubai, a member of the UAE federation. The United Arab Emirates has successfully ... global financial markets. The main Dubai and Abu Dhabi stock market indexes have since plummeted by ...

  • UPDATE 2 - MIDEAST STOCKS - Factors to watch - Dec 9 9 Dec 2009 07:12 GMT
    ... sukuk issue to boost liquidity [MEAST-SUK] * OPEC likely to keep output steady - Algeria ... relocate Middle East HQ to Dubai * UAE economy minister sees `clear' signs of crisis bottoming out * UAE central banks meets ...

  • Gas exporters to meet in Qatar on Wednesday 9 Dec 2009 01:30 GMT
    ... ABU DHABI, December 9 (RIA Novosti) - The ninth ... Forum (GECF), a "gas equivalent" of the Organization of the Petroleum Exporting Countries (OPEC), will discuss ways to stabilize global ...

  • TASI lowest since mid-September 9 Dec 2009 00:16 GMT
    ... to sort out $26 billion of debts. Abu Dhabi dropped 3.4 percent to a 31-week low, Saudi Arabia slumped to its lowest finish since ... drop in crude oil prices,” FTH added. UAE stocks collapsed in sluggish trading, with Emaar Properties, ... the first time the head of an OPEC member country’s government would undergo the process. ...

  • Dubai tumbles, most Gulf markets hit milestone lows 8 Dec 2009 21:11 GMT
    ... to sort out $26 billion of debts. Abu Dhabi dropped 3.4 percent to a 31-week low, Saudi Arabia slumped to its lowest finish since ... and analysts warn of further declines on UAE markets. “We don’t have enough information and investors ... the first time the head of an OPEC member country’s government would undergo the process. ...

  • MIDEAST STOCKS-Dubai tumbles; most Gulf mkts hit milestone lows 8 Dec 2009 14:15 GMT
    ... to sort out $26 billion of debts. Abu Dhabi dropped 3.4 percent to a 31-week low, Saudi Arabia slumped to its lowest finish since ... World and analysts warn further declines on UAE markets are likely. 'We don't have enough information ... the first time the head of an OPEC member country's government would undergo the process. ...

  • Demand for natural gas sources presents export opportunities for GCC 8 Dec 2009 09:59 GMT
    ... Natural gas is expected to become the fastest ... of the session and General Manager of Abu Dhabi Marine Operating Company. "It is vital we learn from the mistakes our industry made ... The Organisation of the Petroleum Exporting Countries (OPEC), a permanent inter-governmental organisation made up of ...

  • Malaysian Tapis again leads: REVIEW of 13 world oil prices 8 Dec 2009 07:56 GMT
    ... week, the average spot price for the OPEC oil basket and the American West Texas ... Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). Average spot price for the American Mars oil was $76.1 per ...


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