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: October 31, 2014
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
Posted: October 30, 2014
UAE. The project assigned by Tanmiyat Group includes the design and build of an underground sewage treatment plant for this new Dubai Land development, located along Sheikh Mohammed Bin Zayed Road.
Posted: October 30, 2014
UAE. GCC corporate earnings strength intact; Regional bonds unaffected by global shocks; Central Banks support financial markets.
Posted: October 29, 2014
INTERNATIONAL. Abdullah al-Badri said output of higher-cost oil supplies such as shale would be curbed if oil remained at around US$85 a barrel, while OPEC enjoys lower costs.
Posted: October 28, 2014
UAE. The market for water and wastewater treatment equipment in the GCC is estimated to be US$$2.2 billion in 2014, and is expected to grow at a compound annual growth rate of 10.6% up to 2020 to reach US$$4 billion.
Posted: October 28, 2014
UAE. "The ability to attract the required talent is a number one priority and challenge today, both in the UAE and around the world."
Posted: October 26, 2014
INTERNATIONAL. Global stock markets have recovered strongly from the panic last week, while dollar buying has resumed after a couple of weeks of profit taking.
Posted: October 23, 2014
UAE. Quota practice sparks passionate discussion; HE Sheikha Lubna Bint Khalid Al Qasimi confirmed as patron of "Women in Industry" finale at ADIPEC 2014.
Posted: October 22, 2014
UAE. Held each year in Dubai, the awards recognize the important contribution of CFOs in delivering results and achieving success for their organizations
Posted: October 22, 2014
UAE. Located in the Dhofar Governorate of the Sultanate of Oman, the US$125 million, 50-megawatt project will generate enough clean energy to power 16,000 homes.
Posted: October 20, 2014
UAE. Up 400,000 barrels per day from August and the highest level since December 2013, led by Libyan output recovery; Higher volumes from Iraq also drove the increase; "It's numbers like this that are contributing to the enormous slide in oil prices."
Posted: October 20, 2014
INTERNATIONAL. Commodities reached a new five-year low last week as weakness in energy and industrial metals offset gains in precious metals and agriculture.
Posted: October 11, 2014
INTERNATIONAL. U.S. crude falling to a two-year low; "The dual combination of economic fear and ample supplies continue to pressure oil. The market just cannot find a bottom."
Posted: October 10, 2014
INTERNATIONAL. Oil in capitulation with Brent crude hitting four-year low; Agriculture recovering; Precious metals boosted by falling dollar and stock market wobble.
Posted: October 10, 2014
INTERNATIONAL. The decrease came a week after Saudi Arabia, the world's largest oil exporter, reduced the price of Arab Light crude for Asia to the lowest since December 2008.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 31, 2014
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
date:Posted: October 31, 2014
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
date:Posted: October 30, 2014
UAE. GCC corporate earnings strength intact; Regional bonds unaffected by global shocks; Central Banks support financial markets.
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
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