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: January 27, 2016
UAE. In face of unprecedented price volatility, research reveals 86% of respondents expect oilfield services M&A to increase in the next 12 months, 30% anticipating major surge; Middle East open to overseas oil servicing deals to enhance technology.
Posted: January 26, 2016
INTERNATIONAL. This process will have a dramatic, but, as yet, undetermined impact on the already fractured Middle East and on the increasingly connected global economy.
Posted: January 26, 2016
UAE. "The key to navigating the choppy waters we are currently experiencing in the oil and gas sector is good management of growth, costs, funding and externalities. Get those four factors under control and you give your organisation the best chance of success."
Posted: January 23, 2016
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
Posted: January 19, 2016
INTERNATIONAL. Return of Iranian oil weighing on energy markets; Wheat price surges as US farmers scale back crops; Gold picks up the pace as safe-haven buying returns
Posted: January 19, 2016
KUWAIT. Oil company integrates Cisco Network Access Control into network hardware refresh to implement security, access, and compliance policies.
Posted: January 18, 2016
UAE. MENA region plays a significant part in the global wave in renewable power investment and capacity addition, says report
Posted: January 16, 2016
UAE. Dramatically scaling up renewables in the global energy mix by 2030 would increase GDP, social welfare and employment worldwide.
Posted: January 15, 2016
INTERNATIONAL. The event location of this unique environmental gala is the Milad Tower in Tehran; TV gala is broadcast worldwide and seen by around a billion people.
Posted: January 15, 2016
QATAR. The LNG cargo was delivered to Dahej LNG Terminal in India on January 13, 2016 marking the begining of the new one million ton per annum (MTA) SPA.
Posted: January 15, 2016
UAE. With a total capacity of 55,000 metric tons of refrigerant, the district cooling plant will provide air conditioning for the MTB through 18 chillers and two thermal energy storage tanks.
Posted: January 15, 2016
INTERNATIONAL. The effect from the brewing conflict on oil is murky, but for now it is not having a bullish impact. That is because the global glut in oil supplies loom larger than any potential for a supply disruption; But what if the current "Cold War" between Saudi Arabia and Iran turned hot?
Posted: January 14, 2016
INTERNATIONAL. The proceeds of the offering are being used to provide construction and long-term equity financing for solar photovoltaic projects located in emerging markets.
Posted: January 13, 2016
UAE. Automation and reliability programs for world's largest naphtha cracker plant will support efficient, high-availability production of plastics and related materials for local and export markets.
Posted: January 13, 2016
UAE. With groundwater reserves meeting more than 50% of UAE demand, technologists are ramping up R& efforts; Hydro-climatic modelling and water management key topics on IWS 2016 conference agenda

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 13, 2016
QATAR. The turmoil in financial markets at the beginning of this year has prompted some to question whether the US Federal Reserve should have increased interest rates in December.
date:Posted: February 13, 2016
KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
date:Posted: February 12, 2016
INTERNATIONAL. A Syria in which the regime and IS, rather than other rebel groups, are the only real domestic players turns Bashar al-Assad into a pivotal cog in the fight against jihadism. That is something Saudi Arabia cannot allow to happen. To turn the tide, it needs a United States that is engaged and willing to do its bit.
KUWAIT. Kuwait has built up very large fiscal and external net asset positions over many years, which will continue to help it weather the current low oil price environment; The overall fiscal and external balance sheets will remain strong, backed by a significant stock of financial assets.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."
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