Tuesday, June 18, 2019

Energy

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

Bank Muscat Asset Management hosts experts on global oil market trends

Bank Muscat Asset Management as part of the bank’s ‘Let’s Do More’ vision and partnership to work together to achieve the strategic investment objectives of valued clients, hosted renowned economists and investment experts - Greg Priddy, Director of Global Energy & Natural Resources, and Marc Moussalli, Director Global Markets, Eurasia Group.
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New method to enlist distributed energy devices to efficiently balance the...

A new research project spearheaded by the Department of Energy of Pacific Northwest National Laboratory (PNNL) has proposed a unique solution to the challenging...
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IEA forecasts world oil demand growth of 1.2 million barrels per...

The International Energy Agency’s (IEA) Oil Market Report for December states that the indications of slowing growth in the present quarter suggest an increase...
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Peak further invests in Aberdeen Technology Centre to support manufacture of...

Peak Well Systems ('Peak'), a leading specialist in the design and development of advanced downhole tools for well intervention, is pleased to announce that...
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World Energy Council welcomes the Paris Agreement 2015 and its vision...

Christoph Frei, Secretary General of the World Energy Council, has welcomed the Paris agreement and its vision for the future. “Now, the challenge is...
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Oman’s crude oil production up 3 per cent in November

Oman’s crude oil production rose 3.05 per cent or by 995,708 barrels per day to 29.87 million barrels in November.
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Persistent low oil prices stress global oil and gas issuers: Moody’s...

A prolonged period of oversupply will keep oil prices lower for longer and continue to pressure issuers in the oil and gas industry in...
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Shell CEO highlights GlassPoint Solar as a solution to combat current...

Royal Dutch Shell CEO Ben van Beurden was speaking at the opening of the International Petroleum Technology Conference (IPTC) in Qatar. He discussed how...
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Production of electricity in Oman rises by 12 per cent, water...

Electricity production in Oman rose to more than 25.4 thousand gigawatts (GW), reflecting a 12.1 per cent increase, as of the end of September 2015, compared with 2014.
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Moody’s: Low oil prices weigh on Qatar’s hydrocarbon revenues, economy to...

While lower oil prices will negatively affect Qatar's (Aa2 stable) government revenues, large financial assets provide a sizeable buffer, says Moody's Investors Service in a report published today.
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