Tuesday 6 December 2016
 
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Oil

Kuwait PPP projects' funding in spotlight

Al Ruwayeh & Partners (ASAR), a leading corporate law firm in Kuwait, said it discussed ways to boost public-private partnership (PPP) projects in Kuwait and attract key international funding for these projects amid the ongoing oil slump.

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Brent soars above $52 after Opec deal

Oil prices soared today following a decision by Organization of the Petroleum Exporting Countries and Russia to cut output in a bid to boost oil price. US crude oil gained 9 percent to reach $50 a barrel for the first time since l

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Brent soars above $52 after Opec deal

Oil prices soared today following a decision by Organization of the Petroleum Exporting Countries and Russia to cut output in a bid to boost oil price. US crude oil gained 9 percent to reach $50 a barrel for the first time since l

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Jafza sees 15pc growth in petchem, oil firms

Jebel Ali Free Zone (Jafza), the UAE’s flagship trade and logistics hub, has seen a 15 per cent growth in the number of petrochemicals, oil and gas companies registered in the free zone. The announcement was made at a forum

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Jafza sees 15pc growth in petchem, oil firms

Jebel Ali Free Zone (Jafza), the UAE’s flagship trade and logistics hub, has seen a 15 per cent growth in the number of petrochemicals, oil and gas companies registered in the free zone. The announcement was made at a forum

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Oil prices down on strong dollar

Oil prices fell on Friday, under pressure from a strong dollar, but activity was low after the US Thanksgiving holiday and with many traders reluctant to take big new positions ahead of a planned Opec-led crude output cut to be decided next week

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Caltex launches premium diesel engine oil at Big 5

Caltex is showcasing its latest premium diesel engine oil specially designed to meet the GCC and Middle East market requirements, during its participation at the ongoing Big 5 exhibition in Dubai, UAE.    The event which

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Caltex launches premium diesel engine oil at Big 5

Caltex is showcasing its latest premium diesel engine oil specially designed to meet the GCC and Middle East market requirements, during its participation at the ongoing Big 5 exhibition in Dubai, UAE.    The event which

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Oil price slips further, markets focus on supply overhang

Friday morning saw oil prices fall, as markets turned their focus to a persistent fuel supply overhang that is not expected to abate unless OPEC and other producers make a significant cut to their output, said a report. Internatio

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Workplace diversity 'basic to energy sector progress'

The success and long-term sustainability of the petroleum industry will largely depend upon its ability to embrace workplace diversity, industry leaders said during Adipec’s ‘Women in Energy’ conference. And with

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