Wednesday 29 June 2016
 
»
Tag
 
»
recovery

GFH recovers $4m in bonus case

Bahrain-based GFH Financial Group (GFH) has announced that it has concluded a final settlement with one of its ex-chairmen in a legal case and has recovered approximately $4 million in cash, shares and real estate from him. GFH wa

More…

Sasol showcases enhanced oil recovery oilfield chemicals

Sasol, an integrated chemicals and energy company, showcased its range of surfactants and specialty products at the recent Oil and Gas West Asia Exhibition - OGWA 2016 in Oman.   The firm's stand

More…

Safid looks ahead with optimism

Engineered air solutions provider Safid is undeterred by a drop in output and sales and believes new plants it is building will be in time for a recovery in markets it expects to happen before long. “We’re optimistic a

More…

Churchill Drilling unveils hydraulic pipe recovery tool

Churchill Drilling Tools, a specialist engineering company delivering market-leading drilling solutions to the global oil and gas industry, has launched its HyPR HoleSaver in the Middle East.    The expansio

More…

Oil price will rise next year says UAE minister

The United Arab Emirates' oil minister said on Monday that he expected an upward correction of oil prices next year due to recovery in demand. "We are expecting an upward correction - 2016 will be a year of correction, to

More…

Efficiency mandates to cap recovery in oil demand

Lower prices should help stimulate oil consumption in advanced economies, restoring some of the demand lost over the last decade, as the cost of crude soared from less than $50 to more than $100 per barrel.   In

More…

Oil bulls' hope dimmed by 2020 crude under $70

As oil prices entered a second steep slide a few weeks ago, bullish traders and analysts had hoped for a repeat of the sharp but short dip that occurred early in the year - a speculative slide below $50 a barrel followed by a quick recovery.

More…

Oman Air’s IT Disaster Recovery unit to relocate

Oman Air’s IT Disaster Recovery infrastructure will move from its current location to a state-of-the-art data park in Muscat.      The move will follow the signing of an agreement between Oman Air and Oman Data

More…

Egypt no longer sees full tourism recovery this year

Egypt no longer expects its tourism industry, battered by three years of political upheaval, violence and street protests, to fully recover by the end of the year, the tourism minister said. "I don't think (the tourism ma

More…

Global oil prices recovery to take time, says IEA

Oil prices may have further to fall and a rebound could take some time, despite increasing signs that the downtrend will end, possibly in the second half of this year as North American supply growth slows, the West's energy watchdog said.

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads