Saturday 1 August 2015
 
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Oil price flux unlikely to hit long-term sector growth

The cyclicality of the oil and gas industry is unlikely to impact the long term trajectory of the sector, a report said, noting that the current fluctuations may speed up some of the trends that were already unfolding. The new rep

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Oil price flux unlikely to hit long-term sector growth

The cyclicality of the oil and gas industry is unlikely to impact the long term trajectory of the sector, a report said, noting that the current fluctuations may speed up some of the trends that were already unfolding. The new rep

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India refiners in talks with Iraqi oil firm on strategic reserves

State refiners Indian Oil Corp (IOC) and Hindustan Petroleum Corp (HPCL) are holding talks with Iraq's national oil company to buy 4 million barrels of Basra light crude oil for India's strategic petroleum reserves (SPRs), three source

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Iranian stake hurts Indian refiner's revival plan

Indian Oil Corp (IOC), the country's biggest refiner, is exploring options including a merger to save loss-making unit Chennai Petroleum Corp (CPCL), its chairman B Ashok told Reuters.   CPCL's attempts t

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Tunisia open to new technologies, partnerships

Tunisia is looking to welcome new technologies and partnerships with International Oil Companies (IOCs), that can be effectively integrated into existing projects, said a senior official. Mohamed Akrout, CEO of state-owned Tunisia

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Iraq's new govt to prioritise oil legislation

Iraq's new government will prioritise work on new hydrocarbon legislation to reassure international oil companies and integrate oil contracts signed in Kurdistan, a government spokesman said on Monday. "Among the next government's prioriti

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Jordan to host Eurasia chemical summit

Jordan has been selected to host the Eurasia Conference on Chemical Sciences after a competition was held on an international level by the International Organizing Committee (IOC). This makes Jordan the first Arab country to host such a co

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Dubai must overcome heat for Olympic bid: Ruler

Dubai will only bid to host the 2020 Olympic Games if it can overcome the hot weather that has hampered other Middle Eastern bids for major sporting events in the past, the emirate's ruler said. Dubai is widely speculated to be conside

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Rio wins 2016 Olympics as IOC rebuffs Obama

Rio de Janeiro won a resounding vote to stage the first Olympics in South America in 2016, rebuffing US President Barack Obama, who had personally lobbied for his adopted hometown Chicago. The decision by the International Olympic Committe

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Bahrain gold medallist fails doping test

Bahrain's Olympic 1,500 metres gold medallist Rashid Ramzi and two cyclists are among six athletes to test positive for the blood booster Cera at the Beijing Olympics, officials said yesterday (April 29). Italy's road race silver m

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