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Thursday, 26 November 2009 06:04 UAE time

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Thursday, 12 November 2009

Saudi Aramco sees oil demand rising by 1m bpd from 2010

Energy
Company chief's post downturn forecast higher than that of OPEC - report.

Saudi Aramco sees oil demand rising by 1m bpd from 2010

Wednesday, 11 November 2009

TAQA posts 88% slump in Q3 net profit

Energy
UPDATE 2: Vice chairman says new committee has been set up to oversee strategy.

TAQA posts 88% slump in Q3 net profit

Qatar buys stakes in Shell's Singapore JVs

Energy
Move is part of Qatar Petroleum's goal to become major player in global energy industry - Minister.

Qatar buys stakes in Shell's Singapore JVs

ABB seals $120m deal to power Saudi uni for women

Energy
Substations agreement for Princess Nourah bint Abdulrahman University.

ABB seals $120m deal to power Saudi uni for women

Japanese bank in talks to fund Masdar energy projects

Energy
Japanese Bank for International Cooperation running financing study.

Japanese bank in talks to fund Masdar energy projects

Tuesday, 10 November 2009

World oil demand to grow 700,000 bpd in 2010 - OPEC

Energy
Global demand contraction seen easing in Q4; China, India to lead economic growth.

World oil demand to grow 700,000 bpd in 2010 - OPEC

No need for more OPEC oil - official

Energy
Oil cartel OPEC is not expected to change its policy on production levels when it meets in December.

No need for more OPEC oil - official

Qatar to export 450,000 bpd condensates in 2010

Energy
Qatar to export equivalent to 25 cargoes/month; sees competition from Iran.

Qatar to export 450,000 bpd condensates in 2010

Oil drops to $79 as hurricane weakens

Energy
Threat of storm Hurricane Ida in US Gulf of Mexico eases; higher US crude oil stocks seen.

Oil drops to $79 as hurricane weakens

Abu Dhabi sees sharp rise in water, electricity demand

Energy
UAE's capital expects power & water sector to grow by 7-8% over next five years.

Abu Dhabi sees sharp rise in water, electricity demand

Monday, 09 November 2009

Mubadala, GE JV eyes $4-5bn deals in 2010

Energy
Chief operating officer says commercial finance joint venture will book business worth $1bn in 2009.

Mubadala, GE JV eyes $4-5bn deals in 2010

Saudi Aramco plans to build largest gas plant

Energy
Company's CEO reveals proposal to supply utilities, some industries to be finalised shortly.

Saudi Aramco plans to build largest gas plant

Sunday, 08 November 2009

Saudi Aramco sees gas supplies up by 30% by 2014

Energy
Saudi giant's chief exec says increase to meet soaring power demand in the kingdom.

Saudi Aramco sees gas supplies up by 30% by 2014

Pressure seen easing on struggling Saudi power grid

Energy
New report says demand 'held in check' by drop in industrial activity during H2.

Pressure seen easing on struggling Saudi power grid

Saturday, 07 November 2009

Raising output not on OPEC agenda now - UAE oil min

Energy
Mohammed Al Hamli says the world economy is not yet 'out of the woods'.

Raising output not on OPEC agenda now - UAE oil min

Foreign firms eye Oman power plant plans

Energy
GE, Mistubishi, AES, Suez-Tractabel eye bids for Barka, Sohar plants due on Dec 7.

Foreign firms eye Oman power plant plans

Thursday, 05 November 2009

Qatar spends $1.9bn as 2009 power demand rises 14%

Energy
Demand for water also up by 8% as Gulf state eyes growth in utilities capacity.

Qatar spends $1.9bn as 2009 power demand rises 14%

Wednesday, 04 November 2009

Kuwait oil giant CEO eyes solar power move

Energy
Kuwait Petroleum Corp's chief says firm is reviewing studies on green energy.

Kuwait oil giant CEO eyes solar power move

Tuesday, 03 November 2009

Oman set to up oil output to 900,000 bpd in 2010

Energy
Oil minister announces production target, says investments beginning to pay off.

Oman set to up oil output to 900,000 bpd in 2010

Saturday, 31 October 2009

Kuwait oil production seen rising 30% by 2018

Energy
New report also says economy set for 1% contraction this year, back to growth in 2010.

Kuwait oil production seen rising 30% by 2018
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SPOT POLL

Have you cut back your spending on groceries amid the downturn?

Actually, I’ve reduced my spending on everything… food, clothes, going out – the lot.
I’ve swapped to non-brand food items, and always look for special offers, but that’s it.
No, I’m spending the same.
No way, it's champers and caviar for dinner every night!
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