Oil Gas & Utilities

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: November 11, 2015
UAE. GCC chemical exports valued at US$62 billion in 2014, more than double that of ten years ago.
Posted: November 10, 2015
UAE. Dr. Daniel Yergin shared riveting insights on transforming energy landscape during his Keynote Address at the Abu Dhabi International Petroleum Exhibition and Conference.
Posted: November 10, 2015
Crude oil soft as US oversupply woes hold down prices; Global food prices jump as sugar, dairy prices rise; Precious metals tumble as dollar goes from strength to strength.
Posted: November 10, 2015
IRAQ. Honeywell Process Solutions and Honeywell UOP will help Karbala refinery meet Iraq's growing energy demand.
Posted: November 6, 2015
IRAQ. Basra - home to 70% of Iraq's gas reserves and 59% of its oil - offering investment opportunities in key sectors and provides a secure environment for developers to enter.
Posted: November 6, 2015
SAUDI ARABIA. The sharp drop in oil prices and the resulting negative swing in Saudi Arabia's fiscal balance will weaken operating conditions in the banking sector; S&P has consequently taken negative rating actions on the eight Saudi banks it rates.
Posted: November 5, 2015
UAE. GCC's power providers look to boost operational efficiencies for long-term growth
Posted: November 4, 2015
SAUDI ARABIA. Output, new orders and employment all rising at weaker rates; Data for prices provided a further cautionary note, as purchasing costs increased at the sharpest pace since July 2014.
Posted: November 3, 2015
INTERNATIONAL. Precious metals' gallop halted by Fed's December teaser; Crude oil stabilises inside range despite rising supply; Natural gas heads for 13-year low and year's biggest monthly loss.
Posted: November 3, 2015
UAE. GE announces new collaborations and technology centers focused on software in aviation, oil & gas, power, to drive digital industrial transformation.
Posted: November 3, 2015
INTERNATIONAL. "The complementary technology, global capability, installed base, and talent of Alstom will further our core industrial growth," said Jeff Immelt.
Posted: November 3, 2015
SAUDI ARABIA. The agreements with Jubail Chemicals Storage and Services Company will allow for the storage and export of Sadara's liquid products from the Kingdom.
Posted: November 2, 2015
UAE. Over US$65 billion power contracts awarded throughout the MENA region; Installed capacity needs to rise by 50% to meet future demand.
Posted: October 31, 2015
SAUDI ARABIA. S&P expects Saudi Arabia's general government fiscal deficit will increase to 16% of GDP in 2015, from 1.5% in 2014, primarily reflecting the sharp drop in oil prices. Hydrocarbons account for about 80% of fiscal revenues.
Posted: October 30, 2015
INTERNATIONAL. The Society of Petroleum Engineers (SPE) Aberdeen Section event will see senior industry figures talk to attendees and share their previous experiences of working in a low oil price environment.


date:Posted: November 26, 2015
UAE. Legal experts say move will influence oil major investment plans in Iran ahead of the lifting of sanctions; Lawmakers likely to be mindful of "missed opportunities" in Iraq and Lebanon.
date:Posted: November 25, 2015
UAE. EMAAR, Shell, and Emirates lead The LinkedIn InDemand list of the most sought-after employers in the region based on millions of interactions from members; Rather than relying on questionnaires, InDemand measures the actual behaviour of professionals as they explore their career journey.
date:Posted: November 24, 2015
INTERNATIONAL. Commodities still under pressure; Oversupply in the oil market continues to be a concern; Gold consolidating as December rate hike now priced in.
UAE. -3.5% annual rate of change in values at the end of UAE. -3.5% annual rate of change in values at the end of Q3 2015; Rents stabilise with average rents across freehold areas down 3.2%; Transactions creep upwards; Affordability challenges remain.
INTERNATIONAL. Robotics is making this new area of medicine possible. Cary G. Vance, CEO of Hansen Medical Inc., tells The Life Sciences Report about disruptive advances in interventional radiology and Hansen's own revolutionary robotic catheters.
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