Oil Gas & Utilities

FEATURED REPORT...
Posted: 10-08-2011
INTERNATIONAL. Saudi Arabia pumped the most oil in three decades last month, reaching 9.8 million barrels a day and boosting OPEC production, the International Energy Agency said. Increased output in Angola helped replace lower supply in Libya. Daily supply from the 11 Organization of Petroleum Exporting Countries members bound by quotas rose to 27.37 million barrels a day in July from 27.22 million in June, the Paris-based IEA said today in its monthly oil market report. “Output has regained levels close to those seen before the Libyan crisis, although OPEC spare capacity now stands at
Posted: November 24, 2014
INTERNATIONAL. An underlying growth in global supply capacity, which is significantly outstripping demand, may mean that the world has now passed the peak price for oil, a new report commissioned by Gaffney, Cline and Associates (GCA) suggests.
Posted: November 24, 2014
INTERNATIONAL. Iran and six world powers looked set to miss Monday's deadline for resolving a 12-year stand-off over Tehran's nuclear ambitions and are already looking at a possible extension of the negotiations.
Posted: November 22, 2014
INTERNATIONAL. IAEA chief Yukiya Amano said he was still unable to provide "credible assurance" Iran had no undeclared nuclear material and activities.
Posted: November 20, 2014
QATAR. "We've been created to avoid the volatility in oil price," Ahmed Al-Sayed, CEO of the Qatar Investment Authority, said. "We are already adjusted and ready for such a scenario."
Posted: November 20, 2014
UAE. The Dubai utility issued a tender for the second phase of the Mohammed bin Rashid Al Maktoum Solar Park, a 100MW photovoltaic plant that will be developed and operated by a qualified Independent Power Producer (IPP).
Posted: November 20, 2014
INTERNATIONAL. There is a high degree of uncertainty over how the Iranian negotiations and the OPEC meeting will play out, but the end of November will be hugely important for energy markets.
Posted: November 19, 2014
INTERNATIONAL. Market debates if Saudis will no longer defend oil prices; Private briefings, long Naimi silence puzzle OPEC experts; Conspiracy theories abound about what Riyadh is up to.
Posted: November 18, 2014
IRAQ. If confirmed, the recovery of the facility could provide critical momentum for government forces charged with restoring stability in a country facing a security crisis.
Posted: November 18, 2014
UAE. International District Energy Association (IDEA) says the scale of district cooling in Dubai provides valuable best practice insights to help accelerate the pace of industry growth.
Posted: November 18, 2014
SAUDI ARABIA. Saudi Arabia will see 1.2 million barrels per day of new refining capacity come online by 2020; New export-orientated Saudi refineries will be competing in a very tight international market.
Posted: November 18, 2014
INTERNATIONAL. A "large" production cut by OPEC to prop up crude prices isn't in the group's interest because it's likely to bolster an expansion of U.S. shale oil, according to Goldman Sachs; "A large cut would be difficult to implement," given the financing needs of some OPEC members.
Posted: November 18, 2014
UAE. Metito announces a strategic partnership with TPTec, a clean-tech start-up company focusing on developing new, clean and efficient technologies for multiple applications in the water sector.
Posted: November 16, 2014
INTERNATIONAL. Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades.
Posted: November 14, 2014
QATAR. 6th Annual Middle East District Cooling Summit in concludes in Qatar with a number of recommendations.
Posted: November 14, 2014
SAUDI ARABIA. Saudi Arabia's oil minister dismissed talk of a price war as having "no basis in reality" in his first public comments since crude plunged into a bear market last month.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 24, 2014
INTERNATIONAL. An underlying growth in global supply capacity, which is significantly outstripping demand, may mean that the world has now passed the peak price for oil, a new report commissioned by Gaffney, Cline and Associates (GCA) suggests.
date:Posted: November 20, 2014
INTERNATIONAL. The trajectory of Japan's economy has much to teach us about the wisdom of Keynesian policies. Those who are not blinded by left-wing dogma should take a good look at where the road of permanent stimulus ultimately leads.
date:Posted: November 20, 2014
INTERNATIONAL. The path to the acceptance of the participatory approach to development was forged, through trial and error, over several decades until the 1990s, when its global recognition by development practitioners became well-established.
INTERNATIONAL. An underlying growth in global supply capacity, which is significantly outstripping demand, may mean that the world has now passed the peak price for oil, a new report commissioned by Gaffney, Cline and Associates (GCA) suggests.
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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