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: April 24, 2014
UAE. Abu Dhabi's state oil producer is almost finished reviewing technical aspects of international companies' bids to develop the biggest onshore crude deposits in the emirate.
Posted: April 23, 2014
INTERNATIONAL. Oman's plan to build a US$1 billion natural-gas pipeline from Iran is the latest sign that Saudi Arabia is failing to bind its smaller Gulf neighbours into a tighter bloc united in hostility to the Islamic Republic.
Posted: April 22, 2014
KUWAIT. For much of the past decade, international companies operating in the major projects sector have found Kuwait a challenging market in which to do business. However, there are good reasons to believe this year will be different.
Posted: April 22, 2014
INTERNATIONAL. The infrastructure bottlenecks need to be resolved urgently if the U.S as a whole is set to reap the benefits of the shale boom in the form of cheap and widely available gas.
Posted: April 17, 2014
UAE. The five-year loan has been fully swapped into US dollars by Mitsubishi UFJ Securities; The funds will be used to refinance a portion of TAQA's upcoming US$1.2 billion bond maturity.
Posted: April 17, 2014
KUWAIT. The Wafra Field is the main oil field in onshore Partition Zone. The Main Gathering Center is a critical hub for oil production.
Posted: April 16, 2014
UAE. MEED's latest forecast is that new contract awards in the GCC will approach US$150 billion in the year ending 2014 compared with about US$135 billion in the previous 12 months.
Posted: April 16, 2014
Libya. The central government reached an agreement with some rebels earlier this month to open the Hariga and Zueitina oil terminals, which have combined capacity of 180,000 barrels a day.
Posted: April 15, 2014
SAUDI ARABIA. The US$200,000 challenge will be awarded to four winners at a prize of US$50,000 each, and further investments towards commercialization of the best ideas amongst all submissions will be considered.
Posted: April 15, 2014
UAE. Monthly Arabic business magazine, Saneou Al Hadath, uses mathematical approach to analyse companies listed on the Saudi stock market Tadawul
Posted: April 14, 2014
INTERNATIONAL. Investments needed to keep climate change within safe limits would shave a fraction of a percent off annual global growth, the UN said in a study on warming.
Posted: April 14, 2014
KUWAIT. Surging air conditioning demand in the hot Middle Eastern summer and a lack of domestic supply means Kuwait needs to import more gas each year to feed its power plants.
Posted: April 14, 2014
UAE. Municipal leaders across the region must re-think waste streams, and begin circling materials back into the economy instead of sending them to the landfill or incinerating them.
Posted: April 11, 2014
IRAQ. Iraq Future Energy Summit will provide an opportunity to hear experts involved with Iraq's energy sectors discuss the key issues affecting and aiding progress.
Posted: April 11, 2014
INTERNATIONAL. Down 550,000 barrels per day from February on Saudi, Iraqi and Libyan cuts, according to the latest Platts survey of OPEC and oil industry officials and analysts.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 23, 2014
UAE. Managing an internationally mobile workforce can be challenging, particularly as home country and host country laws can be vastly different; Legal compliance with local laws may mean that it is not possible to impose global policies on the workforce.
date:Posted: April 22, 2014
UAE. "Adapt to Survive", a global study by PwC, commissioned by LinkedIn, reveals the economic impact of not having the right people in the right jobs.
date:Posted: April 22, 2014
KUWAIT. For much of the past decade, international companies operating in the major projects sector have found Kuwait a challenging market in which to do business. However, there are good reasons to believe this year will be different.
UAE. Abu Dhabi's state oil producer is almost finished reviewing technical aspects of international companies' bids to develop the biggest onshore crude deposits in the emirate.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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