Thursday, January 17, 2019

Energy

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

Aramco Said to Be Still Considering Range of Options for Sabic

Saudi Aramco is still considering a range of options to finance the acquisition of a controlling stake in the country’s largest chemical company, according...
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Oman Combines Oil Companies to Create a Giant

The largest Arabian Gulf producer that’s not an OPEC member is combining state-run oil investment and refining companies to form a business that spans...
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OOC and Orpic appoint new Group CEO

The board of directors of Oman Oil Company (OOC) and Oman Oil Refineries and petroleum industries company (Orpic) announced the appointment of Mr. Musab...
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PDO to support training of 50 students

Petroleum Development Oman (PDO) has signed a Memorandum of Understanding (MoU) with the Ministry of Education and Ministry of Higher Education to sponsor the...
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HM presides over National Day military parade

His Majesty Sultan Qaboos, the Supreme Commander of the Armed Forces, on Sunday presided over the military parade, which was staged at the military...
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BP To Expand Mideast Presence With $2.8bn Investment

Oil major BP aims to spend $1.8 billion in Egypt next year and $1bn annually in Abu Dhabi as it looks to expand its...
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Glasspoint, Oxy Sign Oil Production Agreement

GlassPoint Solar and Occidental of Oman announced today that they have signed a Memorandum of Understanding (MoU) that could lead to a large solar...
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Total Wins 40 Per Cent Stake in Abu Dhabi’s Adnoc Gas...

Abu Dhabi National Oil Co. granted Total SA a 40 percent stake in an unconventional gas concession to help boost the emirate’s production. Total will...
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Surging Saudi Exporter Seeking to Restore Deal With Aramco

Saudi Industrial Export Co., the best performing stock in Saudi Arabia this year, has escaped recent volatility in the kingdom’s market and is seeking...
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Crown Prince launches Saudi Arabia’s first nuclear plant project

Crown Prince Mohammed bin Salman launched a project to build Saudi Arabia’s first nuclear research reactor on Monday. The project is one of seven cutting...
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