Industry

Chinese oil companies to set up industrial parks in Dubai

CNPC_DubaiChina National Petroleum Corp (CNPC) is looking at establishing a logistics hub in Dubai's Free Zone to supply the company's needs in the Middle East and North Africa, reported the China Daily.

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Iran stops oil sales to Britain and France

oil_barrelIran’s oil ministry announced that it has stopped oil sales to both Britain and France in a move seen as a direct retaliation for the upcoming EU embargo on imports of Iranian oil.

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ENOC inaugurates US$180mn oil storage facility in Morocco

ENOC---TANGIER-TERMINALHorizon Terminals Limited (HTL), a wholly owned subsidiary of Emirates National Oil Company (ENOC), has inaugurated a new facility in Tangier, Morocco, with a total investment value of US$180mn.

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Flowserve Abahsain inaugurates valve manufacturing facility

Flowserve_Abahsain_1Flowserve Abahsain Flow Control Company Ltd., a joint venture between Flowserve Corp. and S&A Abahsain Co. Ltd. recently inaugurated a new valve manufacturing plant and training center in the Dammam Second Industrial City.

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ION discusses regional strategies - An exclusive

ION_Executive_1ION is aiming to increase its presence in the region with the recent opening of its new international headquarters in Jebel Ali, Dubai.

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