 |
Oman plans $10bn spend on hydrocarbon projectsPetroleum Development Oman (PDO) plans to invest more than $10 billion in three key hydrocarbon projects, a report said. The three ventures include the Rabab Harweel Integrated Project (RHIP), the Yibal Khuff integrated oil and ga More… |
 |
Qatar growth likely to top 4.5pc: LagardeQatar’s growth could accelerate from 4 percent in 2014 to above 4.5 percent this year and next, supported by a large public infrastructure program and opening of a new natural gas field, said Christine Lagarde, IMF managing director. More… |
 |
Qatar hydrocarbons export value down 40pcThe value of Qatar's hydrocarbon exports were down by 40.5 per cent to QR15.6 billion ($4.279 billion) in July this year, compared to the same month last year, a report said. Qatar’s trade balance achieved a surplus of Q More… |
|
Qatar hydrocarbons export value down 40pcThe value of Qatar's hydrocarbon exports were down by 40.5 per cent to QR15.6 billion ($4.279 billion) in July this year, compared to the same month last year, a report said. Qatar’s trade balance achieved a surplus of Q More… |
 |
Hydrocarbon investment ‘is facing risks globally’Given the availability of solar power at four cents/kWh, a price with which crude oil could only compete if offered below $7/barrel, the ‘carbon bubble’ is expected to burst, family office Wermuth Asset Management has warned. More… |
 |
Oman steps up hydrocarbon explorationOman Oil Company Exploration and Production (OOCEP) has reported continued progress in exploring the hydrocarbon potential of its Block 60 concession in central Oman, a report said. Block 60, a roughly 1,580-sq km concession is ho More… |
 |
Qatar GDP on robust track over heavy diversificationQatar’s real GDP growth will accelerate to 7 per cent in 2015, 7.5 per cent in 2016 and 7.9 per cent in 2017 as the government continues investing heavily in the non-hydrocarbon sector despite lower oil prices, a report said. More… |
 |
Saudi GDP growth seen at 1.7pc in 2015The Bank of America (BofA) Merrill Lynch has revised real GDP growth in Saudi Arabia for 2015 down to 1.7 per cent, from 3 per cent, forecasting a real non-hydrocarbon GDP growth of 3.0 per cent. In comparison, real GDP growth and More… |
 |
Falling oil prices to slow GCC economies growthFalling oil prices – driven by weaker demand, increased supply and a more powerful US dollar – will pose significant challenges to GCC markets, which have a substantial dependency on commodity exports, said a new report. More… |
|
Falling oil prices to slow GCC economies growthFalling oil prices – driven by weaker demand, increased supply and a more powerful US dollar – will pose significant challenges to GCC markets, which have a substantial dependency on commodity exports, said a new report. More… |
