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 20, 2015
INTERNATIONAL. State-owned oil marketer Somo plans to load more than 1.2mn b/d of Basrah Heavy in June, boosting total Iraqi sales from its southern export terminals.
Posted: May 19, 2015
SAUDI ARABIA. Center to to provide end-to-end services and skills for petroleum refinery and petrochemical companies in the Gulf Cooperation Council Countries.
Posted: May 18, 2015
UAE. A subsidiary of China National Petroleum Corp signed the deal to build infrastructure for ADCO; Deal will lift ADCO's daily crude production from 1.4 million to 1.8 million barrels by 2017.
Posted: May 14, 2015
INTERNATIONAL. The Alpine Eternity, a 29,130 gross tonnes oil products tanker, has safely reached the UAE port of Jebel Ali after coming under attack in the Gulf, its manager said
Posted: May 12, 2015
SAUDI ARABIA. Saudi Aramco is expanding in refining and petrochemicals and seeking to boost ties with Asia as part of its ambition to become both the world's largest oil and chemicals producer by the end of the decade.
Posted: May 11, 2015
INTERNATIONAL. Commodities were flat this past week with gains in precious metals and soft commodities being off-set by a retracement across energy and industrial metals.
Posted: May 11, 2015
UAE. Construction industry leaders meet in Dubai on 27 May to discuss the outlook for GCC construction.
Posted: May 1, 2015
SAUDI ARABIA. There are no indications that the move will lead to changes in the fundamental way the world's top crude exporter makes its oil decisions.
Posted: April 29, 2015
INTERNATIONAL. Gasoline stocks up 80,000 barrels; Refinery utilization, or run rate, up 0.5 percentage point.
Posted: April 27, 2015
UAE. Industry must focus on cyber security, integration and analytics to reduce extraction costs and plug systemic skills crisis; Strategy firm releases white paper on data driven oil fields.
Posted: April 24, 2015
INTERNATIONAL. The rally in crude oil and related products continues, and during the week it helped offset losses in industrial and precious metals, leaving the BBG Commodity Index flat.
Posted: April 23, 2015
UAE. The Solar Impulse team used the opportunity to conduct community engagement activities with thousands of local students and members of the public, demonstrating how innovation and clean technology contribute to a cleaner, more sustainable future.
Posted: April 23, 2015
INTERNATIONAL. Megatrends have major implications as to how electricity is generated and distributed; Profound implications for the strategies and future role of companies all along the power utility value chain is imminent.
Posted: April 23, 2015
SAUDI ARABIA. The planned closure in May of the joint Wafra onshore oilfield in the Neutral Zone between Saudi Arabia and Kuwait was communicated by Saudi Chevron to Kuwait Gulf Oil.
Posted: April 23, 2015
UAE. Al Mazrouei replaces Khadem Al Qubaisi, according to a decree from Abu Dhabi's ruler published by WAM; IPIC is a government-owned oil and gas investment company.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 22, 2015
INTERNATIONAL. The minutes basically unofficially confirmed that there are only the slimmest of chances for a US interest rate increase next month.
date:Posted: May 21, 2015
UAE. New study conducted by YouGov and commissioned by the social enterprise C3 reveals the impact of CSR programs on UAE residents; Around three-quarters of residents are more likely to purchase from companies that actively contribute to the community.
date:Posted: May 20, 2015
UAE. According to a new report by The Boston Consulting Group, 33% of consumers would rather accept a 20% reduction in salary than give up their mobile phone; SME mobile leaders in emerging markets are leapfrogging older generations of technology still widely used in developed markets.
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