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: September 26, 2016
UAE. Crescent Petroleum CEO shares insights on the impact of technology on the region's energy sector at INSEAD Leaders Forum.
Posted: September 22, 2016
INTERNATIONAL. The switch to renewable energy has already been flicked. Smart utilities willing to drive change will prosper - but it's going to take the turning off of a lot of old paradigms to do so.
Posted: September 21, 2016
INTERNATIONAL. Contract with the Hindustan Oil Exploration Company (HOEC) for the Dirok gas field in India.
Posted: September 20, 2016
UAE. EthosEnergy has worked with SEC for over three decades throughout the gas turbine and generator businesses.
Posted: September 20, 2016
UAE. Sustainability experts at the University of Birmingham conducted a detailed study comparing energy supply and use in Masdar City and Birmingham.
Posted: September 19, 2016
OMAN. The scope of work will see Add Energy provide the plant with equipment specific maintenance strategies and procedures, which will enable maintenance execution and planning to be optimised.
Posted: September 16, 2016
INTERNATIONAL. Since 2004, well construction costs in the UK Continental Shelf (UKCS) have doubled, directly impacting drilling activity which is currently at an all-time low.
Posted: September 16, 2016
INTERNATIONAL. The ISO 9001:2015 standard certifies that ADC operates a formalised management system able to provide rig inspection and development of training services at a consistent high level of quality.
Posted: September 14, 2016
SAUDI ARABIA. World's first and largest seawater desalination and cooling plant has been opened in Solar Village near Riyadh using state of the art Adsorption Desalination and Cooling (ADC).
Posted: September 9, 2016
INTERNATIONAL. As in previous years, entries are welcome from both the offshore oil and gas and renewables sectors.
Posted: September 7, 2016
SAUDI ARABIA. The rise in the Emirates NBD Saudi Arabia PMI is encouraging, although the average PMI so far this year is still below 2015, indicating a slower rate of private sector growth.
Posted: September 2, 2016
INTERNATIONAL. Global stocks remain mixed with most major markets on standby as anxious investors observe from a distance ahead the market shaking employment report.
Posted: September 2, 2016
INTERNATIONAL. The government's balance sheet remains an important support for the ratings although it has continued to weaken as a result of lower international oil prices.
Posted: September 1, 2016
INTERNATIONAL. Government adjustments to tax regimes continue in wake of subdued oil price; Profit-based tax systems not immune to current price environment.
Posted: August 31, 2016
INTERNATIONAL. Whilst the oil and gas industry is still facing challenging times, there are renewed hopes for companies to operate and diversify into renewables.


date:Posted: October 23, 2016
UAE. Al Masah Capital: Last week's pattern which showed up in most MENA markets, indicated weak trading activity that gave way to buying as bargain hunters stepped in.
date:Posted: October 23, 2016
INTERNATIONAL. As the operation to retake Mosul from ISIL continues, civilians are fleeing from the city by the hundreds, further stressing the already tenuous humanitarian situation in northern Iraq.
date:Posted: October 22, 2016
LEBANON. Byblos Bank/AUB Consumer Confidence Index averaged 36.4 in Q3, nearly unchanged from 36.1 in Q2; The prevailing status-quo on the political and economic fronts in the country has caused the level of consumer confidence to remain at low levels.
INTERNATIONAL. As the operation to retake Mosul from ISIL continues, civilians are fleeing from the city by the hundreds, further stressing the already tenuous humanitarian situation in northern Iraq.
INTERNATIONAL. Jost Thöne, Stradivari expert and co-owner of VIOLIN ASSETS, offers input on this subject. The company makes high-quality historical and modern string instruments accessible as investments.
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