Monday 20 November 2017
 
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Abu Dhabi records 8pc increase in vegetables output

Abu Dhabi has recorded an 8 per cent annual increase in the production of vegetables, despite the numerous difficulties faced by the agricultural industry, said a report. The information issued by the Statistics Centre - Abu Dhabi

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US crude oil production set to increase in H2

United States Energy Information Administration (EIA) forecasts that US crude oil production will average 9.4 million barrels per day (bpd) in the second half of 2017, 340,000 bpd more than in the first half of 2017.  

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UAE, Saudi non-oil sector growth hits record highs

Growth in the UAE non-oil private sector economy climbed to the fastest pace seen since February 2015, while the same in Saudi Arabia continued to improve last month bolstered by sharp expansions in new orders and output. UAE

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Oil producers set for key meeting in Abu Dhabi

A joint meeting of the Opec-Non-Opec Technical Committee is convening today in Abu Dhabi in order to identify ways and means of raising the levels of conformity with their pledges to cut oil production.   The two

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Opec output hits six-month high in May

With US oil and gas companies already stepping up activities in 2017, crude output climbed in May - the same month Opec met to extend its production cuts - to a six-month high, since November 2016, according to the organisation's latest mont

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Alba sees 3 - 5pc output loss from power outage

A recent power outage in Aluminium Bahrain (Alba), an international aluminium smelter, is expected to result in a loss of 3 to 5 per cent of its total production for 2017, the company said. However, the losses from the incident wi

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Alba sales volume, output up in Q1

Aluminium Bahrain (Alba), an international aluminium smelter, has revealed that its sales volume and throughput are up by 4.9 per cent and 5.6 per cent, respectively, year-over-year (YoY) in the first quarter of this year. Sales v

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GPIC achieves output targets

The Gulf Petrochemical Industries Company (GPIC) exceeded all production targets for 2016 and achieved new records, said a report in the Gulf Daily News (GDN), our sister publication. To read further, please visit

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GPIC achieves output targets

The Gulf Petrochemical Industries Company (GPIC) exceeded all production targets for 2016 and achieved new records, said a report in the Gulf Daily News (GDN), our sister publication. To read further, please visit

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Oil surges as Opec members stick to output pledge

Oil futures edged higher on Wednesday, rebounding from the prior day’s sharp selloff on signs that major oil producers are sticking to their pledge to cut output. February West Texas Intermediate crude CLG7  rose 14 cen

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