Saturday, March 23, 2019

Getting basics right

At the Web Summit technology conference in Lisbon, Portugal, Shell CEO Ben van Beurden spoke on the need to gain public trust and the...
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Eni, OMV to Pay $5.8 Billion for Abu Dhabi Refining Stakes

Eni SpA and Austrian oil and gas producer OMV AG agreed to pay about $5.8 billion for a combined 35 percent stake in the...
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Growing amidst challenges

Middle East oil demand growth in 2019 may be challenged by various factors, mainly related to major economic transformation programmes, subsidy reduction policies and...
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Saudi to build oil refinery, petrochemicals plant in South Africa

Saudi Arabia plans to build an oil refinery and petrochemicals plant in South Africa as part of $10bn of investments in the country. The new...
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Industry experts on outlook for 2019

The RO2.2 bn expenditure estimated for oil and gas production and exploration activities, in the 2019 Oman Budget, is a positive indicator that the...
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Saudi Arabia to set up $10B oil refinery in Pakistan

Saudi Arabia plans to set up a $10 billion oil refinery in Pakistan's deepwater port of Gwadar, the Saudi energy minister said on Saturday,...
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Forward-thinking strategy

David Kalife, CEO of Oman Oil Marketing Company talks about growth prospects in Oman’s oil and gas sector and his company’s plans to tap...
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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...
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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...
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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...
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