GCC MENA Edition
Latest News
President Khalifa appoints new Chairman of the Federal Customs Authority
Federal Decree appointing Ali Saeed Matar Al Neyadi as Chairman of the Federal Customs Authority
ADNOC LNG secures extension of gas supply contract to 2040
The new gas supply agreement is scheduled to take effect from April 1, 2019
Qatar names Kaabi as new head of OPEC delegation - OPE
Qatar has named Saad al-Kaabi as head of the country's OPEC delegation, replacing Mohammed al-Sada
Abu Dhabi's ADNOC, Mubadala sign framework agreement to explore downstream investments
The firms will explore the potential for processing crude oil and other hydrocarbons supplied by ADNOC
Etihad Credit Insurance initiates accelerator programme for young Emirati nationals
An 18-week programme with sessions being held at ECI premise and at the Youth Hub
ADNOC to invest $1.4bln to upgrade, expand Bu Hasa field
The upgrade will increase crude oil production capacity to 650,000 barrels per day, from 550,000 bpd, by the end of 2020
Trade turmoil could hit regional SMEs, says ITC official
International trade makes SMEs more competitive, says ITC's Arancha Gonzalez, but opportunities may be more limited if trade tensions escalate
WAM expanded its news services to include five new languages
Bringing the total to 13 languages spanning 142 countries around the world.
Drake & Scull appoints new restructuring advisors
Firm brings in Trussbridge Advisors and Deloitte to work up new plan to return to profit
US-based GlassPoint, Occidental set to develop 2GW Oman solar plant
GlassPoint would deploy its proven solar technology to produce up to 100,000 barrels of solar steam per day
Insights
OPEC, partners discuss oil supply cut of up to 1.4million bpd- sources
Russia may not be keen on a reduction
China still wants LNG this winter, but not every last drop: Russell
China appears to be managing its winter demand in a more orderly fashion.
Hedge funds enforce correction to oil market's course: Kemp
Hedge funds have sold the equivalent of almost half a billion barrels of crude oil and refined products in the last six weeks
