Human impact
Oil industry job cuts are inevitable in a downturn, but there are strategic arguments against making redundancies [...]
Energy
New energy prices on the way
BAHRAIN’S CABINET has approved a new pricing system for diesel and kerosene that is set to begin this month, state news agency BNA reported. [...]
PetroChina, Exxon approached for oil project
IRAQ, OPEC’S second-largest producer, has approached PetroChina and ExxonMobil about investing in a multi-billion-dollar project to boost output from its smaller southern oilfields, a senior Iraqi oil official said. [...]
Nogaholding eyes first Islamic loan at $350m
NOGAHOLDING, THE holding company for oil and gas assets owned by the Bahrain government, is seeking a $350 million sharia-compliant loan in what would be a first for the group, banking sources said. [...]
An industry in transition
As the global oil and gas industry gathered in Abu Dhabi last month, a clear and united strategy to respond to and combat low prices appeared as far off as ever [...]
Balancing act
GCC electricity tariff reform could have far reaching consequences for industrial investments, posing a policy dilemma [...]
The right answer
Gulf countries can become renewable energy exporters, if governments adopt smart financial strategies [...]
Energy prices under review
SAUDI OIL minister Ali al Naimi said that the world’s largest oil exporter was studying whether to raise its domestic energy prices. [...]
The future is green
Alternatives to oil and gas are being pondered as the region faces huge price tags for power generation projects and growing pressure to reduce its carbon footprint [...]
Liquid gold
Qatar’s future looks liquid, and local [...]
Projects
