The UAE's economic outlook will be driven by the oil price and changes in fiscal policy. (Shutterstock) The UAE and Kuwait are set to return to fiscal surpluses in 2018 on the back of financial windfall from the recovery in oil prices, while Saudi …
For Saudi Arabia, a new version of checkbook diplomacy is taking shape. The kingdom used to pursue a behind-the-scenes foreign policy, deploying its oil wealth as a carrot. Crown Prince Mohammed Bin Salman is ready to wield it like a stick. That's the …
For Saudi Arabia, a new version of chequebook diplomacy is taking shape. The kingdom used to pursue a behind-the-scenes foreign policy, deploying its oil wealth as a carrot. Crown Prince Mohammed Bin Salman is ready to wield it like a stick. That’s the …
Opinion 15:11 06.07.2018Get short URL Iranian President Hassan Rouhani has warned US President Donald Trump of the consequences of applying new sanctions against Tehran. Moreover, the Iranian president stated that the country would stand firm against …
The world oil price is now an apparently faithful reflection of the many political and economic forces that are contending for preeminent influence on the morale and prosperity of the world. The Obama administration, straddling inelegantly between …
Saudi Arabia is poised to reap the windfall of higher oil prices and increased production with the US withdrawal from the Iranian nuclear agreement, say analysts. A day after Trump's announcement that the United States would withdraw, the price of oil …
July 27, 2018: The growing unrest in southern Iraq is spreading and in early July became more anti-corruption than anti-Iran. This switch in target was not encouraged by senior Shia clerics and most of them were slow to give public support to the …
Oil prices hit their highest levels since 2014 on Wednesday, showing that oil production cuts by major producers are working and demand remains robust. But there are plenty of wildcards that oil markets could confront in 2018, according to a Citi global …
Nov 30, 2017 (Baystreet.ca via COMTEX) -- The OPEC circus continues to make headlines. All the five-star hotels are booked, as market analysts fervently examine their glass balls to predict the outcome of Thursday's big meeting. Again, OPEC …
December 21, 2017 1:53 pm OPEC is a good news, better news, story and will continue being so until June 2018 when pundits will be proven right or wrong about supply gluts diminishing or not, and whether countries like Russia, itching to exit, will do so …
2017 was another interesting year for energy, as evidenced by the recent extension of OPEC production cuts, the challenges created by changes in political policy, technology, and the economy - the list goes on. The question that's on everyone's …
Advertising Feature Basra Oil, Gas & Infrastructure is held under the high patronage of the Basra Governorate, the Basra Council and Iraq’s Basra Oil Company from October 30 to 31 in Beirut, Lebanon. Government officials, project stakeholders and …
Iraq plans oil pipeline network BAGHDAD: Iraq plans to build a pipeline network to carry oil products across all its territory as an alternative to expensive and hazardous transport by tanker truck, Oil Minister Jabar al-Luaibi said on Saturday. The …
BAGHDAD (Reuters) - Iraq plans to build a pipeline network to carry oil products across all its territory as an alternative to expensive and hazardous transport by tanker truck, Oil Minister Jabar al-Luaibi said on Saturday. The network is part of a “ …
The oil rally gained momentum this week, taking both U.S. crude and its international counterpart to 28-month highs as political and diplomatic turmoil around Saudi Arabia added a risk premium. However, some analysts argue that bulls are getting ahead of …
When OPEC leaders convene Thursday in Vienna, the global context affecting their decisions will contrast starkly with that of previous years. Pushed by tightening of the market, oil is trading at its highest price in more than two years and is likely, in …
The highest prices that the UAE motorists had to pay was in August 2015, the first month after the deregulation. In line with the rise in the global crude prices, petrol and diesel prices in the UAE will rise in December 2017, hitting 28-month high. …
Dubai, London Top crude exporter Saudi Arabia is lobbying oil ministers to agree next week on a nine-month extension to Opec-led supply cuts, sources familiar with the matter said, as Riyadh seeks to ensure a price-sapping glut is eradicated. The …
By Reuters Published: 07:51 EST, 22 November 2017 | Updated: 07:51 EST, 22 November 2017 By Rania El Gamal and Alex Lawler DUBAI/LONDON, Nov 22 (Reuters) - Top crude exporter Saudi Arabia is lobbying oil ministers to agree next week on a nine-month …
Leading International Energy Conglomerate,Sahara Group will join world leaders at the OPEC 7th International Seminar scheduled to take place in Vienna, Austria VIENNA, VIENNA, AUSTRIA, June 19, 2018 /EINPresswire.com/ -- Leading International …
Highlights Reported GAAP net loss of $27.4 million, or $0.10 per share, and adjusted net loss(1) of $28.7 million, or $0.11 per share, in the second quarter of 2018. Generated GAAP loss from operations of $13.4 million and total cash flow from vessel …
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Inc. Magazine Unveils 37th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000 MIAMI, FL, USA, August 16, 2018 /EINPresswire.com/ -- Inc. magazine today ranked leading Hispanic-Owned Utilities and Telecommunications …
Inc. Magazine Unveils 37th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000 MIAMI, FL, USA, August 16, 2018 /EINPresswire.com/ -- Inc. magazine today ranked 8(a) Hispanic-Owned Government Contractor 360° Energy Solutions …
Gas reserves on Pegedivske field are estimated at over 7 000 million cubic meters KYIV, KYIV , UKRAINE, August 16, 2018 /EINPresswire.com/ -- Following a geological survey, the Ukrainian gas giant Burisma Group has discovered a new gas deposit …
Download logo Government has launched South Africa's first ever research chairs on waste management, aimed at transforming the sector while contributing to the country's socio-economic development. The new chairs under the South African Research …
MarketResearchNest.com adds “Global Offshore Wind Turbine Installation Vessel Market 2018 by Manufacturers Regions Type and Application 2023” to its database. PUNE, INDIA, August 16, 2018 /EINPresswire.com/ -- MarketResearchNest.com adds “ …
Download logo The Portfolio Committee on Economic Development today expressed its disappointment after hearing that the local communities that are supposed to be the beneficiaries of two lodges in the Madikwe Game Reserve , Buffalo Ridge and Thakadu …
CALGARY, Alberta , Aug. 16, 2018 (GLOBE NEWSWIRE) -- News Release -- TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) has been notified of an unsolicited mini-tender offer by TRC Capital Corporation (TRC Capital) to purchase up to 2,500,000 common …
PLANO, Texas, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced that Chris Kendall, President and Chief Executive Officer, will present at EnerCom’s The Oil & Gas Conference on Tuesday, …
Business Highlights: Continued delays in the clarification of the Italian feed-in-tariff continue to negatively impact our revenue in our first half of 2018 as compared to the same period in 2017. The release of a revised Italian feed-in-tariff has been …
HOUSTON, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Key Energy Services, Inc. (NYSE:KEG) (“Key” or the “Company”) will present at Enercom’s Oil and Gas Conference on Wednesday, August 22, 2018 in Denver, CO. Marshall Dodson, Key’s Senior Vice President, Chief …
CHICAGO, Aug. 16, 2018 (GLOBE NEWSWIRE) -- To learn more about next generation AGP-alternatives, poultry producers from around the world attended Amlan’s First Summer International Poultry Seminar Aug. 2–3 in Chicago. Attendees heard from …
Cincinnati -- The U.S. Department of Energy (DOE) today issued a Request for Information (RFI)/Sources Sought for Nuclear Containment Ventilation Systems and Components Evaluation and Qualification Testing Program for the Department of Energy (DOE). …
Frontline Ltd.'s preliminary second quarter 2018 results will be released on Wednesday August 22 2018 and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m U.S. Eastern Time). The results presentation will be available for download …
PHOENIX, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Dennis Calvert, CEO of BioLargo, Inc. (OTCQB: BLGO) recently spoke with “Stock Day” host Everett Jolly about BioLargo’s progress since the previous show at the end of July. BioLargo is a dynamic technology …
PLANO, Texas, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Torchlight Energy Resources, Inc. (TRCH) ("Torchlight" or the "Company"), today provided an operational progress update on its Orogrande Basin Project. Dual Lift Gas System: The Company’ …
CALGARY, Alberta, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Strategic Oil & Gas Ltd. (“Strategic” or the “Company”) (TSXV: SOG) is pleased to report financial and operating results for the three and six months ended June 30, 2018. Detailed results and …
FH Revenues Exceed Previous Best Annual Revenues SAN DIEGO, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Envision Solar International, Inc., (OTCQB: EVSI) (“Envision Solar,” or the “Company”), the leading renewably energized EV charging, outdoor media and energy …
The Office of Fossil Energy has announced $150,000 in funding for a project selected under the U.S. Department of Energy’s (DOE) High Performance Computing for Materials (HPC4Mtls) program. Under the HPC4Mtls program, DOE organizations provide funding …
1 Alaska Village Electric Cooperative, Inc. (AVEC), Anchorage, AK AVEC and Stebbins Native Corporation, through a joint venture, will install a 900-kilowatt (kW) turbine to provide wind energy to two remote communities in rural Alaska. This project will …
Cincinnati -- The U.S. Department of Energy (DOE) today issued a Request for Information (RFI)/Sources Sought for its Carlsbad Field Office (CBFO) Transportation Tracking and Communication (TRANSCOM) Follow-On Service Contract. The Office of …
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