LATEST:  
Pause
Oil rallies to best week in years after OPEC deal Photo for illustration only.

Oil rallies to best week in years after OPEC deal

After the deal was announced last week, the market focused on the implementation and impact of OPEC's first output cuts since 2008, to be joined by Russia and possibly other non-OPEC producers

 •   Libya won't take part in any OPEC output cuts
 •   No agreement reached at OPEC/non-OPEC meeting
 •   OPEC agrees on oil output cut at Algiers meeting

OPEC/non-OPEC meeting on December 10 in Vienna

There are hopes that non-OPEC countries will contribute another 600,000 bpd to the cut
 

Nakilat transitions LNG Al Ghuwairiya to in-house

With a cargo carrying capacity of 263,300 cubic meters, Al Ghuwairiya is wholly-owned by Nakilat and chartered by Qatargas
 

Sadara fosters robust regional downstream industry

Fourteen of the 26 manufacturing units located in Sadara’s large industrial complex in Jubail Industrial City II will produce specialty chemicals and plastics, which were only available previously through imports to the Gulf region.
In Videomore »  


Most Popular

In Picturesmore »  



NEWS More »

King Salman inaugurates $42.7bn projects by Aramco

King Salman inaugurates $42.7bn projects by Aramco

The oil projects were worth around $42.66bn (160bn Saudi riyals) with a total production capacity of about 3mn barrels
 
 

ANALYSIS More »

Middle Eastern petrochemical industry to reshape

Middle Eastern petrochemical industry to reshape

It is necessary for the GCC petrochemical producers to strengthen their product specialization skills for the benefit of not only their existing value chain but also of future value chains that will arise from the increased use of liquid feedstock.
 
 

PEOPLE More »

RasGas achieves 21mn man-hours without LTI

RasGas achieves 21mn man-hours without LTI

Company's long-standing safety culture results in milestone achievement for Field Development
 
 

COMMENT More »

Reliable communications are the key to success

Reliable communications are the key to success

Using a reliable communication platform to gain access to real-time data, use analytics, and improve collaboration is vital for any oil and gas industry players that hope to improve their productivity
 
 

SPECIAL REPORTS More »

Special Report: Chemistry applied

Special Report: Chemistry applied

Adriano Gentilucci, commercial director for the India, Middle East and Africa (IMEA) region for the Oil, Gas, and Mining wing at Dow, explains the merits of chemical EOR and how the method can help the GCC industry to unlock hard-to-reach crude reservoirs
 
 

IN PICTURES More »

O&GME Awards 2016 in retrospect: The gathering

O&GME Awards 2016 in retrospect: The gathering

More than 200 energy professionals from across the region gathered in the UAE capital on October 5 to celebrate the industry's achievements at the seventh Oil & Gas Middle East Awards 2016, held at the Sofitel Abu Dhabi Corniche Hotel
 
 

PRODUCTS & SERVICES More »

Schneider Electric offers ePAC to the Gulf region

Schneider Electric offers ePAC to the Gulf region

As the first PAC built for the Industrial Internet of Things (IIoT), it is the recommended controller of PlantStruxure™, the company’s automation architecture for industrial and infrastructure customers
 
 

VIDEOS More »

Video: OMV installs huge column at refinery

Video: OMV installs huge column at refinery

Column was deployed at Schwechat refinery for fuel desulphurisation
 
 

NEWSLETTER SUBSCRIPTION
Email:
ArabianOilandGas Awards
LinkedIn
Digital Production Middle East
Utilities middle east
Construction Week Online Middle East
Hotelier Middle East
Arabian Supply Chain Middle East

MARKET PRICE INDEX
Note: Price of Nymex crude oil
Source: oil-price.net

Digital Editions
Articles
Companies