Thursday, January 17, 2019
Home Economy Energy

Energy

The latest oil & gas and energy news from the Middle East – only on Business Live ME.

On the cusp of digital transformation

Abdulmalik Al Balushi, CEO of Oman Post, says logistics will play a critical role in enhancing the economic development and competitiveness of the Sultanate. What...
Email

Weathering headwinds

Sheikh Waleed Al Hashar, CEO, Bank Muscat, talks about banking industry’s outlook for 2019 and the challenges facing the sector and the economy in...
Email

Gary Deakin on Automotive Market’s Recovery

Gary Deakin, Mercedes-Benz Oman’s General Manager Passenger Cars, is optimistic about the automotive market’s recovery and expects it to become more competitive in 2019 What...
Email

Aramco to Probably Sell $10 Billion Bond to Buy Sabic Stake

Saudi Aramco could tap the bond market for about $10 billion to help fund the acquisition of petrochemicals giant Saudi Basic Industries Corp., according...
Email

Noor Abu Dubai, world’s largest solar power plant begins operations

The Dhs3.2bn project is expected to generate 1,177 MW of energy. Abu Dhabi’s Department of Energy has begun operations at the world’s largest independent solar power...
Email

Daleel 1010 App to Change the Face of Local Businesses

This new service will offer customers a chance to win a prize every month Daleel 1010, Oman’s first Smart Information Guide, recently launched its new...
Email

Oman sees a rise in Standard Grade Petrol Production by 41%

The production of standard grade petrol (M-91) by Omani refineries has increased by 41% to touch 13.41 million barrels till the end of November...
Email

Apicorp commits $100mn to finance Duqm Refinery

Oman's Duqm Refinery has received an investment of $100m from Apicorp. The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank, has announced a $100 million-investment...
Email

Saudi Arabia Makes Rare, Bullish Call on Oil in Its 2019...

Saudi Arabia’s government expects to earn more from oil next year, an optimism that defies most price forecasts for crude and contrasts with the...
Email

What’s So Funny About $1 Trillion? The Norwegians Who Manage It

It’s like “The Office,” but with a $1 trillion problem. That’s how director Harald Zwart describes his new sitcom that takes place at Norway’s wealth...
Email