Oil, gas prices remain volatile but range-bound in 2019Global oil and gas industry has entered 2019 on steady footing with market expectations for continued strong oil demand growth remaining in place, despite concerns about slowing demand growth as a result of weaker economic growth, said a report. More… |
Oil, gas prices remain volatile but range-bound in 2019Global oil and gas industry has entered 2019 on steady footing with market expectations for continued strong oil demand growth remaining in place, despite concerns about slowing demand growth as a result of weaker economic growth, said a report. More… |
Global oil and gas industry on steady footing, says reportGlobal oil and gas industry has entered 2019 on steady footing with market expectations for continued strong oil demand growth remaining in place, despite concerns about slowing demand growth as a result of weaker economic growth, said a report. More… |
Over 90pc Mideast companies 'cyberattacked in 2017'About 94 per cent of companies in the Middle East suffered cyberattacks in 2017, critically putting to test the readiness of organisations against persistent threats. The geopolitical situation in the region makes the Middle East More… |
Saudi CEOs optimistic of growth away from oilChief executive officers (CEOs) in Saudi Arabia remain moderately optimistic about the growth prospects of the kingdom's economy, as it diversifies away from oil, according to a survey by KPMG Al Fozan & Partners, a leading audit, tax an More… |
Adnoc, IBM in oil, gas blockchain application dealAbu Dhabi National Oil Company (Adnoc), a leading energy and petrochemicals group, has announced its successful collaboration with IBM, piloting a blockchain-based automated system to integrate oil and gas production across the full value chain. More… |
GCC banking outlook for 2019 stable: Moody'sThe outlook for Gulf Cooperation Council (GCC) banking systems remains stable, reflecting their improving operating conditions, weakening but still, solid loan performance and strong capital, Moody's Investors Service said in a report. More… |
Oil slumps to worst loss in 10 years as G20 kicks offOil closed out its worst month since the global financial crisis a decade ago, as all eyes turned to this weekend’s G-20 summit for signs that Saudi Arabia and Russia can head off a worldwide supply glut. More… |
New oil find studies encouraging: Bahrain ministerReservoir simulation studies at the Khaleej Al Bahrain basin, where the kingdom discovered some 80 billion barrels of tight oil, have been encouraging and by the end of next year there could be an international company engaged in the first dev More… |
Aramco signs deals worth $27.5bn with suppliersSaudi Aramco, the kingdom's oil giant, has signed 31 commercial collaborations with a total value of $27.5 billion with suppliers at the annual In Kingdom Total Value Add (IKTVA) Forum in Dhahran. Saudi Ara More… |