ArabianBusiness.com - Middle East Business News
Sunday, 07 September 2008 | 14:37 UAE time

YOUR DIRECTORY /

Gulf oil production to surge by 2015

Gulf oil production to surge by 2015

Energy
$300bn investment in crude oil production could see GCC deliver extra 10mn barrels per day.

Santander, Fenosa in talks over Cepsa stakes with IPIC
Energy
Combined shareholdings would give Abu Dhabi-owned IPIC 45% stake.

Oil price falls on gloomy outlook
Energy
Crude prices fall more than $2 as falling demand in US, other consumer nations extend losses.

Pumping starts on major new Saudi oil field
Energy
New site is largest single addition to global oil production for several years.


more »MIDDLE EAST ENERGY COMMENT

Nuclear family
In the Gulf the UAE has been getting the ball rolling, and looks the most likely to be first to commission a nuclear power station.

Stuart Matthews  

Could it be lights out for the Gulf?
The astonishing growth and development of the Gulf economies means that we are on the verge of a power supply crisis.

Andrew White

more ยป MIDDLE EAST MARKETS DATA

DFM

Last Price:

4,471.71

-217.46-4.64%

7 Sep 2008 10:00 GMT
(Market Closed)

ADX

Last Price:

4,149.57

-161.44-3.74%

7 Sep 2008 09:57 GMT
(Market Closed)

SSE

Last Price:

8,027.76

-17.03-0.21%

7 Sep 2008 10:17 GMT
(Market Open)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

more »MIDDLE EAST ENERGY EVENTS

UPCOMING EVENTS

  1. Safety Auditing Of Upstream Downstream Petroleum Installations
    3 September 2008 | Dubai, United Arab Emirates
  2. Mediterranean Petroleum Exhibition
    12 September 2008 | Tripoli, Libya
  3. Corrosion Control In Petro-Chemical Plants
    25 September 2008 | Dubai, Syria
See all events »

SPOT POLL

What do you think about the education system in the Gulf?

It's in crisis and urgent measures are needed to increase school places.
Education chiefs are more interested in making money than educating our children.
The standard of education has improved but more still needs to be done.
The local education system is as good as anywhere else in the world.

BUSINESS FEATURES

Dark days ahead?

The Gulf faces a power shortage of unprecedented proportions, due to rapid growth in consumption.

Weathering the storm

Offshore protective coatings experts speak about the demands and rigours placed by the offshore market.

Living on the edge

Of the world's vast offshore rigs, each has hundreds of workers onboard who keep production going.

ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Upstream Business Development Manager
    Industry: Oil & Gas
    Location: Sharjah, UAE
  2. LEED Project Manager
    Industry: Energy
    Location: Middle East, UAE
Browse all jobs »

BUSINESS INTERVIEWS

Planes, trains and automobiles

With power plants, aircraft parts and green energy in high demand in the UAE, the stage is set for a new partnership.

The 100 billion dollar man

Sean Cronin meets Mohamed Al-Mady, the figure behind the corporate phenomenon that is Sabic.

Why the Gulf is filling its larder

Dr Rashid Ahmad Bin Fahad, UAE Minister of Environment and Water, on the global food crisis.

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