The newly appointed managing director of Kuwait's Petrochemical Industry Company), which is at the center of a political crisis over a $2.2 billion compensation payment to Dow Chemical, has said that implementation of a number of planned ...
Tags: Chemicals
Kuwait's government has accepted the resignation of the country's oil minister, Hani Hussein, the official KUNA news agency reported Monday. Sheikh Mohammed Abdulla, minister of state for cabinet affairs and for municipal affairs, issued ...
Tags: Kuwait, Oil, Hani Hussein
In 2003, Yukos was preparing for a game-changing merger with another private Russian oil company, Roman Abramovich's Sibneft, to create a 2.3 million b/d Russian oil producing giant. The deal was scuppered, however, in large part because ...
Tags: Yukos Demise, Giant Oil Producer
Raysut Cement, one of two major listed cement manufacturers in Oman, has announced that its first quarter pre-tax profits grew by a third during the first quarter of 2013 to $23.7m (OR: 9.13m). The company s revenues grew by 2% to $65.5m ...
Tags: Raysut Cement, Cement
After the 2013 NASPD Annual Conference's kickoff cocktail reception in Las Vegas on February 21, 2013, the nearly 500 attendees got down to the business of making sense of the pipe market during the general session Friday morning. ...
Tags: pipe, pipe market, pipe industry
APP, one of the world’s largest paper and packaging producers, announced an end to the clearing of natural forest across its entire supply chain in Indonesia, with immediate effect. Greenpeace said that after a decade of public ...
Tags: Greenpeace, APP, Commitment
An Iraqi telecom company raised nearly $1.3 billion Sunday on Baghdad’s small stock exchange in one of the region’s biggest share offers in years — a sign of investor confidence in the fledgling private sector despite ...
Tags: Iraq, Stock Sale, Investor, Confidence
A major pipeline project that will transport natural gas from Nigeria to Europe through Algeria remains on track, Nigeria's state news agency reported Friday, citing Nigerian National Petroleum Corp. The report comes amid concerns ...
Tags: pipeline project, natural gas, Nigerian National Petroleum Corp
Douglas-Westwood conducts comprehensive industry study into Iraq and Kurdistan Drilling and Oilfield Services market 2012-2016 The potential scale of the Iraqi oil sector is unprecedented in modern times, and represents a significant ...
An Iraqi Member of Parliament has accused Turkey of limiting the supply of water to Iraq for political reasons. MP Karim Elewi of the Parliamentary Agriculture Committee said Iraqi agriculture was being damaged by the shortage of the ...
Tags: Iraqi Member of Parliament, Turkey, water supply, MP
While analysts are generally in consensus in forecasting Brent crude to average around $110/b in 2013, the surge in North American production and question marks on the timing of new infrastructure has made for a highly divergent set of ...
Tags: Brent crude, crude oil prices, crude oil market, Brent
According to Maplecroft's principal Latin America analyst James Lockhart-Smith,Venezuela has its eye on becoming a major minerals producer,though its capacity to do so is in question. Mr Lockhart-Smith told BNamericas that"Specifically ...
Tags: Maplecroft, Latin America, Venezuela, minerals producer
More than $224 million has been injected into Iraq’s private sector economy in the form of Small & Medium Enterprise bank loans thanks to a cooperative effort between the USAID-Tijara Provincial Economic Growth Program and 12 private ...
Tags: Iraq, private sector economy, commercial banks, finance
MNA reported that more than 400 Iranian companies are taking part in the development of the South Pars gas field through supplying equipment to related projects. Mr Ali Akbar Shabanpour MD of South Pars Gas Company said that the company ...
Trade Arabia reported that Dubai's ship building unit Drydocks World has won a multi million contract from leading oil exploration and production company Premier Oil to build a subsea facility for Solan oil field located on the UK ...
Tags: Drydocks, oil exploration and production, oil and gas discovery