Tuesday, September 17, 2019

Energy

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

Natural gas key catalyst to fuelling Oman’s economy

Natural gas is rising as a key catalyst to the growth of Oman’s economy, according to Central Bank of Oman’s (CBO) annual report released...
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Chinese State Banks to Compete for Role on Aramco’s IPO

(Bloomberg) -- Some of China’s biggest state-owned banks have been invited to pitch for the Saudi Aramco initial public offering, people with knowledge of...
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Fujairah’s heavy distillates stocks decline for first time in three weeks

Fujairah’s stockpiles of heavy distillates and residues fell down for the first time in three weeks on signs of additional demand amid higher prices...
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Rex International set to oil its success by monetising its Block...

Rex International Holding Limited, the Singapore-based Oilfields firm, is looking to monetise its Oman asset by achieving its first oil production by the end...
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OOMCO ramps up services for Khareef

Oman Oil Marketing Company (OOMCO) has ramped up its activities for Salalah’s khareef season. With a slew of exciting competitions and enhanced services to...
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Petrofac Secures 3-year Contract from INOES, UK

Petrofac’s Engineering & Production Services (EPS) business has been awarded a three-year Operations & Maintenance Support Services contract from INEOS FPS.Under the terms of...
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Omani crude oil production reaches 30.091mn barrels in July

The total production of crude oil and condensate was at 30.091 million barrels in July with a daily average output of 970, 682 barrels,...
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Saudi Oil Fields Are in the Firing Line

(Bloomberg) -- Saudi Arabia’s oil fields, responsible for almost a 10th of global crude production, are in the firing line. Recently, they’ve been targeted...
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BP advancing energy transition

Addressing over 650 students at the International Student Energy Summit, London, Brian Gilvary, BP chief financial officer, examines how population growth, economic growth and...
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Saudi-Malaysian refinery CDU has begun to restart, says Petronas

Pengerang Refining and Petrochemical (PrefChem), a joint venture between Malaysia’s state oil firm Petronas and the Saudi Arabian Oil Company (Saudi Aramco), has begun...
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