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: April 11, 2016
INTERNATIONAL. A wave of jitters dispersed across the global markets following the static China CPI of 2.3% which rekindled concerns over a slowdown in economic momentum in the world's second-largest economy.
Posted: April 10, 2016
INTERNATIONAL. Oil markets desperately seeking focus; Commodities unmoved by wild forex swings; Energy sector the top gainer of the week; Negative interest rates are good news for gold.
Posted: April 4, 2016
INTERNATIONAL. The cocktail of events in Q1 make it seem like OPEC had no real intention in curbing output, but instead exploited explosive levels of volatility to generate speculative boosts in oil prices.
Posted: April 4, 2016
INTERNATIONAL. Q1'16 was a historically volatile quarter for world markets and commodities; Gold posts outstanding quarter despite recovery seen in stocks, sentiment; Oil bottom in.
Posted: April 1, 2016
QATAR. Qatar's hydrocarbon dependence is a key rating weakness, with oil and gas extraction averaging more than 50% of GDP over the past five years and hydrocarbon-backed government spending accounting for a further 30% of GDP.
Posted: March 24, 2016
INTERNATIONAL. The high levels of volatility that rattled financial markets may have worn off with stock markets displaying signs of exhaustion as risk aversion diminishes the attraction of riskier assets.
Posted: March 23, 2016
INTERNATIONAL. Brussels attacks renew a wave of risk aversion that encouraged anxious investors to flee from riskier assets; events weighed heavily on airline stocks.
Posted: March 17, 2016
INTERNATIONAL. Ongoing fears around diminishing global growth, mixed with explosive volatility in markets have dragged the Fed back down to reality with the four projected interest rate rises slashed to two.
Posted: March 15, 2016
UAE. Current is a first-of-its kind energy company that integrates GE's LED, Solar, Energy Storage and Electric Vehicle businesses; Peter Lau appointed as Current's CEO for Europe and the Middle East.
Posted: March 15, 2016
QATAR. The challenge of low oil prices can be transformed into a real opportunity for GCC countries to expedite the transformational process from oil-based economies to manufacturing economies.
Posted: March 14, 2016
UAE. Emirates NBD CIO maintains positive view of Eurozone equities, warming to emerging markets; Dollar should reassert upward momentum; Oil price - still some challenges.
Posted: March 7, 2016
UAE. UAE key "hub" for Inmarsat business throughout Middle East and Africa.
Posted: March 7, 2016
UAE. We are now looking at the potential for a bullish reversal in the price of WTI Oil, and the move above US$35 late in trading last week has opened up the gates for further moves higher for the commodity.
Posted: March 5, 2016
QATAR. S&P expects Qatar's fiscal deficits will be financed through debt only; The huge infrastructure investment program will support growth over 2016-2019; External position to shift to a deficit from 2016, however, the large net asset position is expected to be maintained.
Posted: March 3, 2016
UAE. "I do think there is potential for a bullish reversal if you look at the price charts for WTI from a technical standpoint, and traders need to be carefully monitoring the price of WTI at US$35".


date:Posted: May 24, 2016
INTERNATIONAL. 52% of companies don't have the necessary data to enhance insight into mobility plans; More than a third (35%) struggle to secure the right talent for mobility; 72% are not tracking the success of their international assignments.
date:Posted: May 24, 2016
UAE. "The current weakness in some submarkets of Dubai's office market is expected to persist, with further rental declines likely as we move into the summer months."
date:Posted: May 20, 2016
UAE. Approximately one in five respondents in the Middle East explicitly stated that they are willing to act unethically and offer entertainment to win or retain business; 23% of respondents agree that it is common practice to use bribery to win contracts.
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."