China National Petroleum Corporation (CNPC) has agreed to establish its regional headquarters in the Jebel Ali Free Zone (Jafza) of Dubai to oversee investments, oil services and trading in the Middle East, according to state media and a CNPC source.
The new headquarters covers 55,000 square meters and includes a 10,000 square meters multi-story office and warehouse facility for oilRead more
Environmental workers continued their clean up operations several days after a major oil spill was spotted off the coast of Kalba on Tuesday.
The kilometre-long spill, the source of which is still under investigation, has been confined to a small corner of the breakwater on Khor Kalba.
Specialised personnel from several departments, including the Armed Forces, the Coast Guard, theRead more
Abu Dhabi National Oil Company (ADNOC) signed on Saturday an agreement with BP, awarding the British oil and gas giant a 10 per cent interest in Abu Dhabi’s onshore oil concession operated by ADCO, the Abu Dhabi Company for Onshore Petroleum Operations.
As part of BP’s interest in the concession, it will become asset leader for the Bab integrated assetRead more