china wholesale market

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 3, 2015
UAE. UAE's GDP growth in 2015 should reach 3.9% thanks to more established diversification efforts; Despite lower oil prices, GCC must not discourage investment in alternative energy supplies.
Posted: September 2, 2015
UAE. Site of the UAE nuclear energy program now hosts the only simultaneous construction of four identical nuclear energy reactors in the world.
Posted: September 2, 2015
SAUDI ARABIA. Were Saudi defence spending to be financed entirely from net oil export revenues in 2015, the spending would consume ~73.4 percent of these revenues.
Posted: September 2, 2015
SAUDI ARABIA. "Looking ahead, we understand that the government is likely to continue issuing debt on a monthly basis under this local currency program to finance its burgeoning fiscal deficit."
Posted: September 1, 2015
EGYPT. US$300 million refinery expansion to include second UOP continuous catalytic reforming (CCR) Platforming unit to help meet growing domestic demand for high-octane gasoline.
Posted: September 1, 2015
UAE. Transaction levels falling across Abu Dhabi, Dubai, Sharjah; Oil price decline impacting job creation affecting real estate; Affordability and supply levels impacting villa market; Rental market weak but strong tourism sector and Expo 2020 boost medium term outlook.
Posted: August 30, 2015
INTERNATIONAL. Commodities have fallen to the lowest level in 16 years thereby wiping out all the gains that were made during the Chinese boom years during the first decade of this millennium.
Posted: August 28, 2015
INTERNATIONAL. Companies and organizations from 22 countries and regions have confirmed their participation, with several heads of state, ministerial officials and leaders of commerce associations expected to attend.
Posted: August 27, 2015
INTERNATIONAL. Offers new growth opportunities by creating the industry's first complete drilling and production systems; Integrates complementary downhole and surface offerings through software optimization and automation.
Posted: August 26, 2015
UAE. Cyberattacks on industrial systems in the Internet of Things era could shut down oil and gas, utilities, and transportation systems.
Posted: August 25, 2015
INTERNATIONAL. OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of US$100+/bbl oil.
Posted: August 24, 2015
UAE. The continuation of low energy prices is impacting both optimism and risk appetite in the Middle East, finds Deloitte report. Optimism in UAE drops to a net 46% from net 61% previously.
Posted: August 21, 2015
UAE. Dr. Daniel Yergin to present "Big Picture" of industry's future to global gathering of petroleum executives.
Posted: August 21, 2015
QATAR. Largest single order for Siemens WLL in Qatar to date; Substations are required for infrastructure development projects due to upcoming FIFA World Cup 2022 and Qatar National Vision 2030.
Posted: August 19, 2015
INTERNATIONAL. The acquisition of the management consulting arm of Schlumberger will expand Accenture strategy capabilities in upstream oil and gas.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 3, 2015
UAE. Business conditions improved at the strongest rate in six months, driven by sharper expansions in output and new orders. Marked growth of new work resulted in greater pressure on operating capacity, however, as backlogs of work rose at the quickest pace since the survey began in August 2009.
date:Posted: September 3, 2015
UAE. UAE's GDP growth in 2015 should reach 3.9% thanks to more established diversification efforts; Despite lower oil prices, GCC must not discourage investment in alternative energy supplies.
date:Posted: September 2, 2015
UAE. Report, conducted by Deloitte and MIT Sloan Management Review, reveals that the ability to digitally transform and reimagine a business is determined in large part by a clear digital strategy supported by leaders who foster a culture able to change and reinvent their organizations.
UAE. Business conditions improved at the strongest rate in six months, driven by sharper expansions in output and new orders. Marked growth of new work resulted in greater pressure on operating capacity, however, as backlogs of work rose at the quickest pace since the survey began in August 2009.
INTERNATIONAL. Suspected anchors on the gold price, such as an interest rate increase and devaluation of the yuan, could actually be a rallying cry for commodities, he says in this interview with The Gold Report.
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