Special to WorldTribune.com ABU DHABI — China has been granted the right to produce and export oil from the United Arab Emirates. The state-owned China National Petroleum Corp. reached agreement to develop seven energy fields in the UAE emirate of Abu Dhabi. Under the accord, CNPC would be given a share of the UAE oil. […]
Special to WorldTribune.com ABU DHABI — South Korea and the United Arab Emirates have reached a major energy cooperation accord. Officials said South Korea’s state-run Korea National Oil Corp. and GS Energy have been selected to develop three crude oil fields in the UAE. They said the two South Korean companies would team with the […]
Special to WorldTribune.com ABU DHABI — China and the United Arab Emirates have signed a series of energy accords. The two Asian states signed energy cooperation agreements on Jan. 17 during the visit by Chinese Prime Minister Wen Jiabao. Under the agreements, the UAE’s state-owned Abu Dhabi National Oil Co. and the China National Petroleum […]