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 28, 2014
KUWAIT. August oil production was 2.89mln bpd; Tenders to build Kuwait's Al Zour refinery have been extended after delays and political opposition.
Posted: September 25, 2014
KUWAIT. Surplus is 1.6% higher than previous year; Total received revenues in the fiscal year 2013/2014 amounted to KWD31.8bln; KFH Research continues to forecast a surplus of 17.9% in FY2014/15.
Posted: September 25, 2014
SAUDI ARABIA. A sector with strong growth potential that is underpinned by Saudi Arabia's global leadership position in the petrochemical production field.
Posted: September 25, 2014
UAE. "DEWA has always been advanced in its strategic direction around energy consumption and it makes complete sense," says Eversheds' Michelle Davies.
Posted: September 25, 2014
INTERNATIONAL. Saudi Arabia and the UAE joined in the strikes by piloted and drone aircraft targeting facilities around al Mayadin, al Hasakah, and Abu Kamal, the U.S. military said.
Posted: September 24, 2014
UAE. Dr Seyed Mohammad Hossein Adeli, Secretary General of the Gas Exporting Countries Forum (GECF) addresses Fourth Gulf Energy Markets Forum held for the first time in Fujairah.
Posted: September 24, 2014
UAE. Companies can increase refinery productivity by as much as 30% and see a direct positive impact on the bottom line, according to an ARCADIS report.
Posted: September 21, 2014
INTERNATIONAL. Against the backdrop of a rising dollar, uneven developments in global economic growth and interest rates commodities suffered broad-based selling across most sectors.
Posted: September 18, 2014
SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
Posted: September 15, 2014
INTERNATIONAL. The adverse impact on commodities from a rising dollar has added another negative dimension; Brent crude traded down to a two-year low before finding support at US$96.75.
Posted: September 15, 2014
UAE. The energy industry presents unique attributes that make it more vulnerable than others to cyber attack; Preventive security measures imperative to protect critical infrastructure.
Posted: September 11, 2014
INTERNATIONAL. The one power that can effectively move against IS in a manner that would appear legitimate to other Muslims is Saudi Arabia; The capture of oil wells in Syria and Iraq has made the group financially self-sufficient. Now it's all or nothing.
Posted: September 11, 2014
UAE. Global thought leaders join Alan Thomson, Managing Director of Abu Dhabi Sewerage Services Company on prestigious speaker line up.
Posted: September 11, 2014
INTERNATIONAL. Kremlin data showed an almost one-third decline in trade turnover to US$1.6 billion last year following Western sanctions against the oil-producing Middle Eastern nation.
Posted: September 10, 2014
SAUDI ARABIA. Solar thought leader Jeremy Leggett to be a keynote speaker at the "Desert Solar in Saudi Arabia" conference 17 & 18 September, Riyadh.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 16, 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."
date:Posted: October 15, 2014
UAE. The IMF revises GCC growth higher, but GCC equities head lower; Concerns on global growth spur flight to safety; The USD may have peaked short-term.
date:Posted: October 15, 2014
UAE. Expedia/Egencia study examines how mobile devices impact travel; Second only to India, UAE travelers are the most dependent on mobile devices - with 86% saying their smartphone is "very important/critical" versus 76% globally.
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."
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
dhgate