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: October 9, 2014
INTERNATIONAL. Brent is below the US$95-to-US$110 range endorsed by Saudi Oil Minister Ali Al-Naimi, ensuring the country will curb output, analysts said.
Posted: October 9, 2014
UAE. Deloitte mergers and acquisitions specialists delivers their insights on what is driving activity in the oil and gas industry; Middle East unrest keeps oil and gas commodity prices relatively high for the first half of the year.
Posted: October 8, 2014
UAE. When finished Mirfa IWPP will have a total power capacity of 1,600 MW and a seawater desalination capacity of 52.5 MIGD (238,665 m3/day).
Posted: October 8, 2014
UAE. The stability and sustainability of the region's power and water supply will be the focus at leading conferences and exhibitions.
Posted: October 8, 2014
INTERNATIONAL. As oil production swells, demand falters and prices slide, the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance.
Posted: October 6, 2014
INTERNATIONAL. The adversity created by the current rise in the dollar looks set to be theme that will stay with us for the foreseeable future as analysts expect the greenback's ascent to continue.
Posted: October 3, 2014
INTERNATIONAL. Sharp cuts in Saudi Arabia's oil sale price to Asian customers came as the clearest sign yet that the world's largest exporter is trying to compete for crude market share.
Posted: October 3, 2014
MOROCCO. Casablanca is the 6th city in averda's expansion on the continent; The company is well placed to provide African countries with innovative waste management solutions.
Posted: October 1, 2014
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
Posted: September 29, 2014
UAE. Strategic approach to addressing this demand a focus of leading regional conference; With groundwater supplies almost exhausted in some countries, there is an urgent need for new water supply projects to come online.
Posted: September 29, 2014
INTERNATIONAL. Stock market weakness, falling bond yields and the strong dollar, were some of the overall drivers, with geopolitical worries holding steady on the horizon.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 31, 2014
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
date:Posted: October 31, 2014
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
date:Posted: October 30, 2014
UAE. GCC corporate earnings strength intact; Regional bonds unaffected by global shocks; Central Banks support financial markets.
INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
INTERNATIONAL. In his latest interview with The Gold Report, the 321gold.com founder delivers a frank overview of U.S. international policy and lambasts commentators who look to their tea leaves in search of the next market moves.
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