Saturday 23 June 2018
 
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Oil

Opec members to decide on raising oil production

Members of the Organisation of the Petroleum Exporting Countries (Opec) will meet in Vienna this week to decide on whether to end its production freeze, a market expert has revealed. The group may be considering lifting the cap al

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Rosneft discovers new oilfield near Baghdad

Russian oil giant Rosneft has discovered a new oilfield some 350km south of Iraqi capital Baghdad, said a report. The new oilfield, named Salman, has been uncovered after more than a year of drilling in the unexplored region, repo

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Wadi Food wins top award at olive oil contest

Egypt-based Wadi Food, a leading provider of high-quality, natural and healthy food products, was recently awarded the ‘2018 Gold Award’ for its superior extra virgin olive oil at the New York International Olive Oil Competition (NYI

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Automation 'can save oil operators billions'

By adopting advanced automation technologies and new processes, unconventional oil and gas operators can move from average to top-quartile performance, capturing up to $7 billion in profits annually, according to a recent study conducted by Emer

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Automation 'can save oil operators billions'

By adopting advanced automation technologies and new processes, unconventional oil and gas operators can move from average to top-quartile performance, capturing up to $7 billion in profits annually, according to a recent study conducted by Emer

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Bahri adds new VLCC to boost oil fleet strength

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, has taken the delivery of ‘Amad’, a very large crude-oil carrier (VLCC), further enhancing its market-leading capabilities in crude oil tran

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Bahri adds new VLCC to boost oil fleet strength

National Shipping Company of Saudi Arabia (Bahri), a leader in logistics and transportation, has taken the delivery of ‘Amad’, a very large crude-oil carrier (VLCC), further enhancing its market-leading capabilities in crude oil tran

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New brand identity for oil services firm

Intero Integrity Services, formerly A.Hak Industrial Services, has announced the launch of its new brand identity as a leading inspection and industrial service provider to the oil, gas refining and petrochemical industries around the world.

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New brand identity for oil services firm

Intero Integrity Services, formerly A.Hak Industrial Services, has announced the launch of its new brand identity as a leading inspection and industrial service provider to the oil, gas refining and petrochemical industries around the world.

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Bahrain oil find will drive private investments: Moody’s

The discovery of hydrocarbon deposits containing at least 80 billion barrels of tight oil and 10-20 trillion cubic feet of deep natural gas in a new offshore field off the west coast of Bahrain – if verified by an international oil conso

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