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Egypt’s non-oil sector output drops in SeptemberEgypt’s non-oil private sector recorded a decline in output during September following a broad stabilisation in August, according to data from the Emirates NBD Purchasing Managers’ Index (PMI) for Egypt. The survey, sp More… |
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Alba launches programme to cut costs, raise outputAluminium Bahrain (Alba) a leading Bahrain-based aluminium smelter, has launched Phase III of its company-wide, cost reduction programme Project Titan. Project Titan aims to reduce cash-cost by $60 per metric tonne of aluminium an More… |
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Abu Dhabi records 8pc increase in vegetables outputAbu 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 More… |
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US crude oil production set to increase in H2United 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. More… |
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UAE, Saudi non-oil sector growth hits record highsGrowth 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 More… |
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Oil producers set for key meeting in Abu DhabiA 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 More… |
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Opec output hits six-month high in MayWith 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 More… |
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Alba sees 3 - 5pc output loss from power outageA 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 More… |
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Alba sales volume, output up in Q1Aluminium 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 More… |
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GPIC achieves output targetsThe 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 More… |
