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: March 24, 2017
INTERNATIONAL. The interconnectors allow countries to trade power, helping to ensure safe, secure and affordable energy supplies, so it is crucial these are surveyed to a high standard.
Posted: March 22, 2017
INTERNATIONAL. The event will be an important platform for industry experts to explore and address the difficult and controversial topics facing the sector.
Posted: March 16, 2017
INTERNATIONAL. Energy authority expect that Japan's reliance on LNG will continue to grow.
Posted: February 28, 2017
UAE. Middle East utility companies have yet to realize the upsides from global mergers and acquisitions; Privatization plans specifically in Saudi Arabia in power and water offer huge opportunities for international investors over the coming years.
Posted: February 23, 2017
UAE. New MEED Insight report shows how lower oil prices have reshaped Middle East investment strategies in oil, gas and petrochemicals projects.
Posted: December 30, 2016
UAE. Booz Allen Hamilton forecasts energy trends in 2017; In the oil and gas industry, as well as in electric power, major internal and external forces are driving change, requiring industry leaders to revisit strategies.
Posted: December 21, 2016
UAE. Musab Alkateeb appointed as CEO of Siemens in Iraq; Thomas Schmidt will become CFO for Siemens' Iraq business; New appointments strengthen Siemens' operations in Iraq.
Posted: December 20, 2016
INTERNATIONAL. Aberdeen-based downhole technology specialist announced a major breakthrough in the progression of its ground-breaking FibreLine Intervention (FLI) technology.
Posted: December 19, 2016
UAE. 1.5% of the world's gross national product must be invested every year in order to mitigate the effects of climate change.
Posted: December 17, 2016
UAE. Quercus is a leading international investment advisor, specialising in renewable energy projects; UAE is the strategic choice as the GCC plans to invest US$100 billion in renewable energy in the next 20 years.
Posted: December 17, 2016
INTERNATIONAL. SACE, SIMEST and BNP Paribas announce the finalisation of export financing for National Grid North America, in support of the works awarded to Prysmian as part of the world's longest submarine interconnector.
Posted: December 14, 2016
SAUDI ARABIA. Breakthrough Energy Ventures (BEV) is an investor-led fund that will finance emerging energy breakthroughs to deliver affordable and reliable energy with the goal of reducing global greenhouse gas emissions to near-zero.
Posted: December 11, 2016
INTERNATIONAL. In concluding this trial, Zilift has demonstrated that rigs are no longer an essential component in ESP operations thereby saving the rig cost and largely eliminating postponed production.
Posted: December 8, 2016
UAE. Global marine solutions provider focused on the offshore oil terminal market and related infrastructure increases its capabilities for directly servicing Abu Dhabi-based clients.
Posted: December 7, 2016
UAE. Smart Grids can help lay the foundations for energy and cost-saving applications and renewable energy development in the MENA region.
date:Posted: March 23, 2017
UAE. New report discusses the growth prospects for private sector players across six focus sectors, including agriculture, the social sector (includes health & education), manufacturing, retail, financial services and connectivity (covering transport & communication).
date:Posted: March 22, 2017
INTERNATIONAL. Aurecon's latest Just Imagine blog post by Continuous Improvement Leader, Darren Tan explains how authenticity will be the key differential in a futuristic and highly competitive market.