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Tuesday, February 07, 2012
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UAE sees drop in Jan oil output
Abu Dhabi  
 
  The UAE produced 2.52 million barrels per day (bpd) of oil in January, down slightly from 2.6 million in December, an industry source familiar with the matter said.  
   

  PSG named Gulf distributor for Perkins
Dubai : 
  Perkins, a leading supplier of off-highway diesel and gas engines, has appointed Power Systems Gulf (PSG), part of the Kanoo Group, as the regional distributor for Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE and Yemen.     
   
  Global oil demand forecasts could be cut
London : 
  The International Energy Agency may reduce its world oil demand forecast for 2012 this week due to a weaker outlook for the world economy, even though some evidence points to stronger consumption in the latter part of the year.      
   

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February 6 - 12, 2012
 


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