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: August 6, 2014
UAE. UAE. Infrastructure project awards across the GCC are forecast to exceed US$ 86 billion in 2014, as rail projects take centre stage.
Posted: August 5, 2014
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.
Posted: August 5, 2014
INTERNATIONAL. Africa needs to add an extra 300 gigawatts (GW) of power generating capacity over the next 15 years in order to meet demand.
Posted: August 5, 2014
INTERNATIONAL. GE revenues exceed US$5.2 billion across 30 African countries in 2013; Africa has emerged as the most promising growth region for GE
Posted: August 4, 2014
JORDAN. Elects to divest stake in project that it co-developed, attracting foreign institutional investors.
Posted: August 4, 2014
INTERNATIONAL. The back-end of the nuclear lifecycle is facing more scrutiny than ever before; Complimentary industry analysis report.
Posted: August 3, 2014
INTERNATIONAL. As August begins, we're looking at severely low commodity volatility the like of which has not been seen this side of the millennium.
Posted: August 2, 2014
INTERNATIONAL. In New York, the US benchmark WTI for September delivery slid 29 cents to US$97.88 a barrel. Brent crude for September was down US$1.18 cents at US$104.81 in London trade.
Posted: July 30, 2014
EGYPT. "We are pleased to help improve the delivery of energy services to the people of Egypt," said Hartwig Schafer, World Bank Country Director.
Posted: July 29, 2014
INTERNATIONAL. The damage of the power plant exacerbated the heavy damage to civilian infrastructure in Gaza already inflicted during the 22 days of the Israeli offensive.
Posted: July 29, 2014
INTERNATIONAL. Kurdish officials "misappropriated" more than 1 million barrels of oil from northern Iraq and exported it through a Turkish pipeline, according to a complaint filed in federal court.
Posted: July 28, 2014
INTERNATIONAL. The diversified BBG Commodity Index was almost unchanged on the week; Geopolitical concerns will continue to play an important part when determining a price for crude oil.
Posted: July 24, 2014
UAE. In March, TAQA said a consortium led by it had agreed to buy the two power plants from Jaiprakash Power Ventures; TAQA senior official states "a change in strategy."
Posted: July 24, 2014
INTERNATIONAL. The world is well aware of the concerns around terrorism and Nigeria's ongoing struggle with poverty. However the report finds that Nigeria has the potential to expand its economy by roughly 7.1% per year through 2030.
Posted: July 22, 2014
UAE. The escalation of turmoil in the world is yet to play a role for the market, but be warned: everything economic has a delayed reaction of nine to twelve month. If the present state of alertness continues through the summer you can bet on higher energy prices having a serious impact.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 26, 2014
INTERNATIONAL. Is it time to stop thinking about stabilizing Syria and Iraq and start thinking of a new dynamic outside of the artificial states that no longer function? To do this, we need to go back to Lebanon, the first state that disintegrated and the first place where clans took control of their own destiny.
date: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.
date:Posted: August 25, 2014
UAE. With its oil wealth, population growth and strong demand for industrial and consumer goods, the MENA region is an attractive market. There are, however, potential pitfalls in doing business, particularly when it comes to appointing local agents to distribute products in the region.
SAUDI ARABIA. Strong demand fundamentals combined with increased public and private sector spending pushed up the average sales price; Momentum expected to continue as Riyadh attracts and promotes investment in industrial and supporting logistics facilities.
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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