Wednesday, February 20, 2019

Energy

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

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...
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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...
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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...
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Qatar Petroleum Buys Oil Stakes From Eni

Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as the Arab country signs another global expansion deal...
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Shell Oman Celebrates Landmark 60th Anniversary

Shell Oman celebrated its 60th anniversary of excellence in in the Sultanate of Oman. The Company’s diamond jubilee celebration event was held under the...
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Shell Intilaaqah Ushers Exciting Journeys For Entrepreneurs

Shell Intilaaqah, the flagship enterprise development programme of Shell Development Oman, took part in the 6th edition of “Ebdaat Omania”, the much-anticipated entrepreneurs’ event,...
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How Machine Learning and AI Industry initiatives are shaping the oil...

Oil and Gas companies operate in dynamic and complex environments, where they face constant challenges especially in terms of supply and demand. Oil and...
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Qatar to Leave OPEC

Qatar, a member since 1961, is leaving OPEC next month to focus on its liquefied natural gas production, Energy Minister Saad Sherida Al-Kaabi told...
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Four Decades Of Excellence

PDO’s Managing Director Raoul Restucci believes the 40th anniversary of PDO gas production marks a great source of pride – both for the company...
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Saudi Daily Oil Output Said to Surpass Record 11 Million Barrels

Saudi Arabia is pumping as much as 11.2 million barrels of crude a day, the most since the kingdom extracted its first oil eight...
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