Friday 25 April 2014
 
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production

Opec production plunges to 3-year low in March

The oil production from the Organization of the Petroleum Exporting Countries (Opec) plunged 550,000 b/d from February to 29.56 million b/d in March - its lowest level since mid-2011, according to the latest Platts survey of Opec and oil industr

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Alba Q1 sales figures up 3.1pc

Aluminium Bahrain (Alba) recorded a 3.1 per cent year-on-year increase in sales figures, which rose to 226,472 tonnes during the first quarter.   The production figures were up by 2.1 per cent YOY to reach 232,29

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Kuwait eyes big production boost by 2020

Kuwait Oil Company (KOC), one of the world’s foremost oil producers, plans to boost its production capacity to 4 million barrels per day over the next six years, said an expert. However, greater production means greater risk

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Saudi business activity hits 5-month low in March

Growth in Saudi Arabia's non-oil business activity slowed to a five-month low in March as expansion of new orders and output weakened, and employment fell slightly after 29 consecutive months of growth, a survey showed on Thursday.

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Gulfex posts solid growth in revenue, output

Dubai-based Gulf Extrusions (Gulfex), a leading global manufacturer of extruded aluminium products, witnessed solid growth in 2013 with a surge in market share, said a top official. The company registered an increase in revenues a

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200,000 expected to visit Bahrain animal show

More than 200,000 people are expected to flock to one of Bahrain's biggest animal shows this weekend.   Bahrain's third animal production show, Mara'ee, will be opened by His Majesty King Hamad on Fri

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Saudi non-oil sector posts solid growth in Feb

Saudi Arabia’s non-oil private sector companies recorded solid growth in February with output, new orders, and employment all continuing to rise, said a report. However, the growth rates were a little softer, said the S

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Stage set for Bahrain Animal Production Show

The third edition of Bahrain  Animal Production Show (Mara’ee) will take place at the Bahrain International Endurance Village, Zallaq, from March 21 to 24 under the patronage of His Majesty King Hamad.   

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Oman targets big rise in gas output

Oman expects a significant increase in its natural gas output over the next five years but little improvement in oil production, its undersecretary for oil and gas said on Monday. Oman aims to raise gas output to an average of 120

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Libya oil production about 70pc of normal: OMV

Austrian oil and gas group OMV is producing at about 70 per cent of normal levels in Libya, the company's head of exploration and production, Jaap Huijskes, said on Wednesday. Libya accounted for about 10 per cent of OMV's

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