The study reveals that energy usage in the UAE has grown at an annual average of four per cent over the past six years, and is projected to increase to five per cent through 2020.
The study reveals that energy usage in the UAE has grown at an annual average of four per cent over the past six years, and is projected to increase to five per cent through 2020.
Official says new fuel prices will be formally announced on August 27.
The strong Dubai trade has forced Middle East producers to raise official selling prices, driving Asian buyers to seek cheaper oil elsewhere.
Iran badly needs to complete modernisation plans that ground to a halt after sanctions hit the country five years ago over its nuclear programme.
The company's second-quarter revenue was Dh425 million, down from Dh685 million a year earlier.
Setting up refineries, LNG terminals, building oil storages are key opportunities.
Firm is positioned to achieve Dh1.5b of annual savings by end-2016.
Organisation of the Petroleum Exporting Countries forecast no extra demand for its crude oil this year despite faster global growth in consumption.
Company had revised buyout offer to win approval of minority shareholders
The family-run American farm invested in a biogas recovery system which transforms cow poo and other waste into electricity.