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Sunday, 05 July 2009 07:54 UAE time

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Kuwait needs oil majors to hit targets - minister

Kuwait needs oil majors to hit targets - minister

Energy
World's 4th largest oil exporter to need help to reach its oil and gas production targets.

Gasoline prices down on demand concerns
Energy
ME gasoline prices fell nearly $3 this week as signs of a recovery in the global financial system looked dim.

Oil falls below $68, gasoline stocks rise
Energy
Swelling gasoline stocks and a much bigger than expected rise in US unemployment push oil markets down.

TAQA clashes with S&P over latest GRE ratings
Energy
Abu Dhabi energy giant terminates relationship with ratings agency Standard & Poor's.

more »MIDDLE EAST ENERGY COMMENT

$50 is not a crisis
The months ahead may need to be lean, but they should also prove stable and profitable, says Daniel Canty.

 Daniel Canty  

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

0.00

0.00%

4 Jul 2009 23:54 GMT
(Market Closed)

ADX

Last Price:

0.00

0.00%

4 Jul 2009 23:54 GMT
(Market Closed)

SSE

Last Price:

0.00

0.00%

4 Jul 2009 23:54 GMT
(Market Closed)

CURRENCY CONVERTOR


more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Saudi Alinma Bank opens first branches
  2. Bahrain's Gulf Finance House denies merger talks

Construction & Industry

  1. UK contractors in Dubai must be paid - UK trade minister
  2. Saudi Qassim Cement mulls 100% bonus share issue

Culture & Society

  1. Abu Dhabi police in Dh7.34m drugs bust
  2. Dubai music chief mugged at knifepoint in Jo’burg

Education

  1. Some UAE private schools may start on time - paper
  2. UAE schools to extend hours amid late start - paper

Energy

  1. Kuwait needs oil majors to hit targets - minister
  2. Gasoline prices down on demand concerns

Healthcare

  1. Oman confirms fourth case of swine flu
  2. UAE confirms three new cases of swine flu

Islamic Finance

  1. Saudi Electricity set to sell more sukuk
  2. Islamic banks need to revamp business model - E&Y

Media & Marketing

  1. 'Newsweek' reporter faces Iran trial: lawyer
  2. Ibn Battuta Mall cinemas saw record weekend admissions

Personal Finance

  1. HSBC sees 'rapid increase' in customer 'skips'
  2. Car giant offers UAE's first free redundancy cover

Politics & Economics

  1. Dubai inflation slows to 5.4% in Jan-May '09
  2. Saudi exporters demand duty on Chinese imports

Real Estate

  1. Kuwait real estate sales fall to 5 month low
  2. Football, TV stars set up firm backed by Mideast investors

Retail

  1. Montblanc eyes further Gulf growth
  2. Abu Dhabi June gold sales up on summer buying spree

Sport

  1. What's happening at Wimbledon?
  2. Chelsea rejects Man City’s bid for captain Terry

Technology

  1. Vivendi chief declines comment on possible Zain bid
  2. Iran strips Zain of mobile licence - report

Transportation

  1. Abu Dhabi bans lorries during rush hour
  2. More bidders said interested in Porsche stake - report

Travel & Hospitality

  1. Dubai’s Palazzo Versace on track
  2. Mideast tourist numbers drop in Jan-Apr - report

more »MIDDLE EAST ENERGY EVENTS

UPCOMING EVENTS

  1. Corrosion Control In Petro-Chemical Plants
    13 July 2009 | Dubai, United Arab Emirates
  2. Shutdown Maintenance Management for Electric Power Plants
    13 July 2009 | Dubai, United Arab Emirates
  3. Corrosion Control In Petro-Chemical Plants
    14 July 2009 | Kuwait City, Kuwait
See all events »

MORE ENERGY STORIES

  1. Saudi to spend $28bn on ailing electricity network
  2. Iraq oil auction dashes majors' bonanza hopes
  3. Saudi, Conoco relaunch Yanbu refinery bidding
  4. Kuwait sees sharp drop in oil exports to Japan
  5. BP wins bid to develop Iraq's biggest oilfield
All Energy news stories »

SPOT POLL

What do you think about predictions for the UAE real estate market?

It's already hit the bottom.
There's still another 20-30% correction to come.
It's now on the road to recovery.
Nothing's going to change until the end of the year.
ArabianBusiness.com/Jobs - Middle East Jobs Search
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    Industry: Oil & Gas
    Location: Dubai, UAE
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    Industry: Oil & Gas
    Location: Kuwait, Kuwait
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