Industry & Trade KSA’s Net foreign Assets Reach $600bln Administrator Apr 25, 2012 0 Saudi Arabia’s net foreign assets stood at around $494 billion at the end of 2010 and strong oil prices are…
forex news Iraq West Qurna 2 Seen at 500.000 bdp in 2014: Oil Minister Yomna Yasser Apr 25, 2012 0 Production at Iraq’s West Qurna Phase-2 oilfield is expected to hit 500,000 barrels per day (bpd) in 2014, Iraq’s…
MENA News Libya Oil Production Nears Pre-War Levels: Ben Yezza Yomna Yasser Apr 24, 2012 0 Libya's oil minister says production is nearly back to its pre-war levels. It's now at 1.5 million barrels a day.…
forex news Libya Recovery Contributes to OMV Q1 Boost Yomna Yasser Apr 24, 2012 0 Output from a Libya, recovering from the turmoil of civil unrest, helped OMV boost production slightly in the first…
Arab Saudi Tadawul Index Falls 0.74% Yomna Yasser Apr 24, 2012 0 The Saudi Stock Exchange saw it market gauge the all-share index (TASI) falling 0.74% Monday, closing at 7,525.17…
Internet News Cyber Attack Hits Iran’s Oil Network Administrator Apr 23, 2012 0 Iran was investigating a suspected cyber attack on its main oil export terminal and on the Oil Ministry itself,…
Tech news USRA Launches a Portable Indicator To Monitor Rig Activities Amwal Al Ghad English Apr 23, 2012 0 Obtaining instant and reliable information is a key component to achieving success in the oil and gas industry. US…
MENA News GCC Foreign Assets To Reach $1.9trn Amwal Al Ghad English Apr 22, 2012 0 Net foreign assets held by Gulf states are forecast to soar to $1.9 trillion in 2012 as a result of high oil…
MENA News Qatar Increases Stake In Total To 3% Amwal Al Ghad English Apr 22, 2012 0 Qatar’s stake in Total, Europe’s third-largest oil company, has risen to three percent, Christophe de Margerie,…
forex news Qatar Increases Its Stake in Total to 3%, Undecided on Further Buys Yomna Yasser Apr 22, 2012 0 Qatar Holding, a unit of the Gulf nation's sovereign wealth fund, has increased its stake in French oil group Total…