Saturday 30 May 2015
 
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Market share

Libya's NOC chief sees higher oil prices, not relying on Opec

The head of Libya's National Oil Corp (NOC) sees higher oil prices and said the company is working to boost output and regain market share taken by other producers.   Speaking on a visit to London, NOC chairm

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Saudi high oil output based on demand: Minister

Saudi Arabia's high crude oil production policy is based on the status of global demand and the top oil exporter is keen to maintain its market share, the kingdom's deputy oil minister said.   Speaking to

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Iraq supports Opec policy to defend market share

Iraq supports the Organization of the Petroleum Exporting Countries (Opec's) policy of defending the group's market share by keeping oil production steady, an Iraqi parliamentary oil official said, despite pressure on the Arab state

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Saudi ready to raise oil output if new clients emerge

Saudi Arabia is prepared to increase its oil output and claim a bigger market share to meet the demands of any new customers, Monday's edition of the Saudi-owned Al-Hayat newspaper quoted the kingdom's oil minister as saying.

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Saudi Arabia leading Opec’s price war on shale

Opec’s decision not to cut output is a bold move which is designed to cramp non-Opec suppliers, especially US shale oil producers, a report said, adding that the decision was led by Saudi Arabia in a move to maintain its market share.

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Godrej Lockss plans Bahrain sales boost

Godrej Locking Solutions and Systems (Godrej Lockss), an Indian locking and security solutions firm, plans to double its current market share in Bahrain in the next three years. Currently, Godrej Lockss enjoys 2.9 per cent share o

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Opec sees oil market share shrinking in 2015

Opec expects its share of the world oil market to shrink in 2015 for a third year running, due in part to the US shale oil boom, giving the exporter group little comfort from an acceleration in global demand. Making its first 2015

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Nokia tops UAE mobile handsets market

Nokia enjoyed the largest market share claiming 51.5 per cent in the UAE mobile phone handsets market during the fourth quarter of 2013, a figure that has been declining over time according to a study by the Telecommunications Regulatory Authori

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Ahli United eyeing acquisitions across region

Bahrain-based Ahli United Bank (AUB) is looking for acquisitions in its existing markets and in new ones as it tries to build a network across the Middle East, its chief executive said. Its desire to expand across borders reflects

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Opec to lose ground in 2014 as rivals pump more

Opec's share of the world market will shrink in 2014 as rising supply of US shale oil gives the exporter group little comfort from the fastest growth in world demand in four years. The Organization of the Petroleum Exporting C

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