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: September 2, 2014
UAE. Installed electrical capacity of 1600 megawatts; Power to help accommodate increasing population and industrial growth.
Posted: September 1, 2014
SAUDI ARABIA. Consumer spending also remained robust; Non-oil exports rebound owing to greater production of petrochemicals and plastics.
Posted: September 1, 2014
INTERNATIONAL. Oil markets since 2011 have become less price sensitive to actual supply disruptions, especially to those geopolitical events that have taken place since the Arab Spring.
Posted: August 30, 2014
SAUDI ARABIA. "Parsons has acted as the managing contractor for the City of Yanbu for nearly 40 years, and we are confident that Bob will help us continue our tradition of customer service excellence."
Posted: August 29, 2014
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
Posted: August 29, 2014
INTERNATIONAL. Fast, durable, and portable solar phone charger that charge mobile phones as fast as a wall plug; The technology will be distributed in rural and urban COMESA regions.
Posted: August 28, 2014
IRAQ. Retreating jihadists set three wells ablaze at a northern Iraq oil field Thursday as they battled Kurdish forces that launched a major attack nearby, officials said.
Posted: August 27, 2014
UAE. Acclaimed club offers industry leaders privileged event access, VIP programme, and year-round networking opportunities.
Posted: August 26, 2014
UAE. Population growth, industrial expansion and demand for power has had a dramatic impact on the Middle East gas industry with many countries turning to imports to keep pace.
Posted: August 26, 2014
UAE. Paperless offices are popular, with 50% of respondents saying that they are encouraged to use email or online resources instead of printing out documents.
Posted: August 26, 2014
INTERNATIONAL. The Kurdistan Regional Government can bring US$100 million of crude ashore in Texas after a U.S. judge threw out a court order that would have required federal agents to seize and hold the cargo for the Iraqi Oil Ministry.
Posted: August 25, 2014
INTERNATIONAL. Commodities have been generally flat on the week as a rise in industrial metals was offset by losses across other sectors such as metals and grains.
Posted: August 20, 2014
INTERNATIONAL. The armed wing of Hamas, engaged in a six-week war with Israel, said on its website it had fired two rockets at Noa, a gas well owned by Nobel Energy and Delek.
Posted: August 20, 2014
UAE. "Bringing in institutional funds is a key part of the board's strategic capital markets plan," Samir Fancy, Topaz's chairman, said in a statement.
Posted: August 15, 2014
KUWAIT. Kuwait confirms the network layout for its new US$20 billion metro with construction due to begin in 2017; KNPC to invest US$35 billion on expanding oil and gas projects over the next five years.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 2, 2014
UAE. The top ten most influential brands headquartered in the UAE based on engagement among LinkedIn's membership of 313 million professionals; Leading UAE airlines are the top two brands, Etihad Airways tops ranking.
date:Posted: September 2, 2014
INTERNATIONAL. U.S. strategic conception must evolve away from seeing these conflicts as distinct theaters into seeing them as different aspects of the same theater: the Black Sea.
date:Posted: September 1, 2014
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
UAE. The top ten most influential brands headquartered in the UAE based on engagement among LinkedIn's membership of 313 million professionals; Leading UAE airlines are the top two brands, Etihad Airways tops ranking.
INTERNATIONAL. I think one of the big fallacies in people's thinking about the Iraqi oil sector has been the focus on who's making money producing the oil. The bigger impact is on consumers.
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