Arab NewsUAE ramps up oil and gas output as Iran sanctions hitArab NewsDUBAI: UAE oil company ADNOC has announced the discovery of new oil and gas resources, with an eye on full self-sufficiency as US sanctions on Iran go into effect. State-run ADNOC, base …

Arab NewsIran tankers go dark to keep selling oilArab NewsTEHRAN: Working from their small offices in Stockholm, analysts at a new watchdog that monitors global oil shipments have been run ragged by Iran's efforts to skirt US sanctions this month. In l …

Arab NewsUncaged bears see oil prices make fast retreatArab NewsOil prices and stock markets went into a steep decline over the past week, as international organizations warned of growing signs of weakness in the global economy. Midweek, the bears were unc …

Arab NewsWorld's biggest traders see oil at $65-$100 a barrel next yearArab NewsWorld's biggest traders see oil at $65-$100 a barrel next year. Traders expect oil storage tanks worldwide to start emptying amid reduced global supplies caused by sanc …

Arab NewsRising oil prices creating rumors and fake newsArab NewsAs anticipated, oil prices continued rising amid stronger demand. Prices reached levels not seen in four years. Brent crude rose to $84.16 per barrel. WTI rose to $74.34 per barrel. The Brent …

Arab NewsIraq's Basra Oil, Chevron agree to implement MOU to develop oil fieldsArab NewsDUBAI: Iraq's state-run Basra Oil Company and Chevron agreed to begin implementing a memorandum of understanding to develop fields in the south of the country, …

Arab NewsBahrain: Largest rock oil field discovered in country's historyArab NewsBahrain announced on Sunday the discovery of a large supply of light rock oil estimated to be much larger than the Bahrain field in addition to the discovery of large quan …

Arab NewsBritish engineering consultancies upbeat on Mideast despite Carillion collapseArab NewsBritish construction consultancies are encouraged by the increase in major infrastructure projects in the Kingdom such as the Riyadh Metro. (REUTERS). Related A …

Arab NewsAUS Computing Camp introduces students to engineering design and innovationArab NewsThe computing camp introduced students from grade 10-12 to various aspects of engineering design and innovation. The Department of Computer Science and Engineering …

Arab NewsSamsung Engineering receives contract to build $700-million petrochemical plantArab NewsSamsung Engineering President Sungan Choi and JUPC's President Abdullah Al-Shamrani shake hands at the signing ceremony. Samsung Engineering has announced …