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: May 9, 2017
The arrangement will serve as a vehicle to deliver innovative solutions that drive sustainable development in the UAE.
Posted: May 2, 2017
INTERNATIONAL. With Brent oil prices forecast to average $55/bbl in 2017, according to the EIA, operators remain focused on optimizing production from existing assets.
Posted: April 27, 2017
INTERNATIONAL. Analysis from a leading international E&P company, which shows UAV inspection is twenty times faster and half the cost of traditional inspection methods.
Posted: April 26, 2017
UAE. The asset was acquired in November 2012 with an objective of producing an average annual yield of 7.75% to investors, and an IRR of around 11% over a three-year holding period.
Posted: April 24, 2017
UAE. Installed generation capacity in the MENA countries analysed will have to rise by almost 150GW, more than 50% on the current available capacity of 290GW, to reach a massive 440GW by 2020.
Posted: April 12, 2017
UAE. Booz Allen Hamilton: Smart Grids can help lay the foundations for energy and cost-saving applications and renewable energy development in the MENA region.
Posted: April 10, 2017
UAE. The American University of Ras Al Khaimah (AURAK), has signed an agreement with OAIRO Alliance, a British company specializing in smart technology and sustainability.
Posted: April 7, 2017
INTERNATIONAL. The Japan Gastech Consortium welcomed record numbers of Ministers, business leaders and influential players within the industry, to explore the key topics currently affecting the sector and to successfully facilitate business transactions.
Posted: April 4, 2017
KUWAIT. Speaking ahead of MEHOC, Badria Ali Abdul Rahman offers insight into Kuwait's strategy to boost heavy oil production.
Posted: April 4, 2017
INTERNATIONAL. Leading specialist in well diagnosis, EV, has announced the launch to market of its pioneering Video While Tractoring (VWT) service.
Posted: March 30, 2017
UAE. National resilience is the ability to survive crises, seize opportunities, and prevent and manage risks in a changing world.
Posted: March 30, 2017
UAE. The region witnessed a record year in sovereign bond issuance eclipsing a sluggish IPO performance, according to PwC's Capital Markets and Accounting Advisory Services team.
Posted: March 29, 2017
UAE. A recent study by The Boston Consulting Group found that, in 2016, GCC banks' revenues grew by 5.2%, down about 2 percentage points from 2015; The impact of the decline in oil prices has hit the banking industry; Profits declined by 3.2% for the first time since 2008.
Posted: March 24, 2017
INTERNATIONAL. The Young Gastech programme at next month's Gastech Exhibition & Conference to support the gas industry's need to drive more young professionals to seek employment in the sector.
Posted: March 24, 2017
INTERNATIONAL. The interconnectors allow countries to trade power, helping to ensure safe, secure and affordable energy supplies, so it is crucial these are surveyed to a high standard.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 25, 2017
UAE. Over 25% of successors think they will lose market share to new entrants; Quicker than ever, the past is being left behind - a tendency that in the perception of many goes against the tradition of family-owned businesses.
date:Posted: May 25, 2017
UAE. 88% of executives surveyed in the Gulf region experienced a fraud incident in the past year compared to 62% in 2015, according to the Kroll Annual Global Fraud and Risk Report - the highest increase of any region.
date:Posted: May 18, 2017
UAE. 2020 Expo key to 'lukewarm' construction market in UAE with costs forecast to rise by 2% in 2017; Rest of the region including Qatar and Oman seeing construction slowdown and stable costs, reflecting oil prices.
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