Friday 12 February 2016
 
»
Tag
 
»
hydrocarbons

Kuwait's hydrocarbon wealth supports its economy

Kuwait's ample hydrocarbon assets will also provide a buffer allowing its public finances to withstand the impact of lower oil prices, said an industry expert. "Kuwait's government revenues are sensitive to oil price

More…

Kuwait's hydrocarbon wealth supports its economy

Kuwait's ample hydrocarbon assets will also provide a buffer allowing its public finances to withstand the impact of lower oil prices, said an industry expert. "Kuwait's government revenues are sensitive to oil price

More…

Oman, Bahrain ‘most affected’ by oil price slump

While lower oil prices affect all GCC countries, they do not react the same way, an industry expert said, highlighting that Oman and Bahrain are the most affected, whereas Saudi Arabia, UAE, Kuwait and Qatar are less impacted.

More…

Majority of Mena sovereigns stable: S&P

Nine out of the 12 Mena sovereigns currently have a stable outlook despite the still-challenging political and economic backdrop, a Standard & Poor’s report said. Bahrain and Saudi Arabia have negative outlooks, while Eg

More…

Oman Oil to drill two new exploration wells

Oman Oil Company Exploration & Production (OOCEP), the wholly owned upstream subsidiary of Oman Oil Company, plans to drill two exploration wells targeting hydrocarbon prospects in the east of the sultanate, a report said. OOC

More…

Oman Oil to drill two new exploration wells

Oman Oil Company Exploration & Production (OOCEP), the wholly owned upstream subsidiary of Oman Oil Company, plans to drill two exploration wells targeting hydrocarbon prospects in the east of the sultanate, a report said. OOC

More…

Lower oil prices may spur the Gulf to diversify

Low crude production costs and fiscal breakeven prices will support the GCC in a period of low oil prices increasing the pressure to diversify away from the hydrocarbon sector, a report said. Because of the region’s accumula

More…

Flat hydrocarbon growth to limit GCC economy

The GCC will see a real GDP growth of 2.8 per cent in 2015, slowing from 4 per cent in 2014 on account of flattish hydrocarbon production and softer non-hydrocarbon sector activity, a report said. Real GDP growth in Saudi Arabia w

More…

Kuwait Energy finds new hydrocarbon site in Egypt

Kuwait Energy, an independent oil and gas company, and its partner the Egyptian General Petroleum Corporation (EGPC), have announced the discovery of hydrocarbons on the East Ras Qattara development lease in Egypt. The exploration

More…

Economic growth drives Abu Dhabi office market

Abu Dhabi’s economic expansion across key sectors such as aviation, education, and healthcare, coupled with the continued growth of the hydrocarbon industry is driving increased demand for office and industrial space in the emirate, accord

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads