Wednesday 19 September 2018
 
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Oil

New IMO regulations 'will impact oil export dynamics'

The new fuel oil regulations for the shipping industry set by the International Maritime Organisation (IMO) will have a major impact on shippers and Gulf producers of crude oil, says a new report from the Arab Petroleum Investments Corporation

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New IMO regulations 'will impact oil export dynamics'

The new fuel oil regulations for the shipping industry set by the International Maritime Organisation (IMO) will have a major impact on shippers and Gulf producers of crude oil, says a new report from the Arab Petroleum Investments Corporation

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Oman's industrial sector grows 2.6pc in Q1

Oman's industrial activities recorded a value of RO1.215 billion ($3.16 billion) at the end of the first quarter of 2018, an increase of 2.6 per cent over the RO1.185 billion recorded by the end of the first quarter of 2017, official data

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Oman's GDP rises 6.5pc to $18.27bn in Q1

Oman's gross domestic product (GDP) rose 6.5 per cent to reach RO7.034 billion ($18.27 billion) at the end of the first quarter of 2018, compared to RO6.605 billion ($17.16 billion) in the same period of 2017, official data said.

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Canada row won't impact oil supplies: Saudi Arabia

Saudi Arabia has clarified that the current diplomatic crisis between the kingdom and Canada will not, in any way, impact Saudi Aramco's relations with its customers in Canada.   In a statement issued today,

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Houthis attack two big Saudi oil tankers

Two Saudi Very Large Crude Carriers (VLCCs), each with a two million barrels capacity, were attacked by Yemen's Houthi militia yesterday in the Red Sea. One of the ships sustained minimal damage, said Saudi Aramco.   

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Oil drives Mideast business confidence to new high

Business confidence across the Middle East and in the UAE rebounded further in the second quarter (Q2) of the year and is now at its highest level since Q2 2015, said a report. The global economic recovery that started in late 201

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AlMansoori delivers facilities for Kenya’s first oil wells

Abu Dhabi-based AlMansoori Specialized Engineering, a leader in oilfield services in the Middle East, has successfully contributed to the Early Oil Pilot Scheme (EOPS) launch leading to Kenya’s first oil production and export programme by

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AlMansoori delivers facilities for Kenya’s first oil wells

Abu Dhabi-based AlMansoori Specialized Engineering, a leader in oilfield services in the Middle East, has successfully contributed to the Early Oil Pilot Scheme (EOPS) launch leading to Kenya’s first oil production and export programme by

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Iraq needs $30bn investment for economy growth: study

Iraq offers unlimited investment opportunities oil and gas sector as well as non-oil industries and requires over $30 billion of foreign direct investment (FDI) per annum, said growth partnership firm Frost & Sullivan in a new report.

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