Saudi Arabia, along with its allies in the Persian Gulf announced their willingness to reduce oil production if producers in Russia, Iraq and Iran will do the same.
‘The increase in production by non-OPEC members plummeted by 88 per cent in 2015’. The UAE is committed to support OPEC and contribute to the stability of supply of the most efficient oil at low prices; the country has renewed its commitment to its partners, says a senior official.
Iran is taking steps to ramp up oil exports ahead of an end to U.S.-led sanctions, extending crude contracts with its top two Chinese buyers into 2016 and starting talks with other potential buyers there, sources involved in the talks said.
Kuwait's named a new oil minister on Sunday after disputes arose between his predecessor and top executives at state-owned firms.
Mexico is set to get a record payout of at least $6 billion from its oil HEDGES this year, according to data compiled by Bloomberg.
Halul Offshore Services Company, a wholly-owned subsidiary of Milaha, has recently procured a state-of-the-art Offshore Support Vessel (OSV) Ship Handling Simulator, which is the first of its kind in Qatar.
The Dubai Council for Marine and Maritime Industries, emirates the industry body representing the offshore and maritime industry and relevant services in cooperation with the committee of Offshore Arabia 2016 Conference and Exhibition held its higher committee meeting at Sheikh Mohammed Bin Rashid Academic City. The meeting discussed and brainstormed the Challenges, Solutions & Opportunities in the industry.
Oman OIL AND GAS TRADE unions have called off a strike scheduled for Wednesday after they say they received substantial assurances from negotiators in the sector.
كمبادرة تعد الأولى من نوعها في الشرق الأوسط، سوف يساعد هذا البرنامج المعتمد والمعترف به دولياً على تطوير مهارات العاملين من المستويات الإدارية العليا والمتوسطة في قطاع الرعاية الصحية؛ كما يهدف إلى إعدادهم ليكونوا قادة المسقبل لتحقيق رؤية الإمارات 2021 لتعزيز قطاع الرعاية الصحية في الدولة.
As a first of its kind in the region, this internationally accredited and certified program will help mid-level and management healthcare professionals develop their skills and encourage them to become proactive contributors to the UAE’s Vision 2021 aiming to enhance the country’s healthcare sector as a whole
In cooperation with Det Norske Veritas, one of the world's largest classification society of vessels, Dubai Maritime City Authority's (DMCA) 'Maritime Innovation' workshop recently concluded with high participation from the maritime industry.
Abu Dhabi Ship Building PJSC (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial vessels, has expanded its customer portfolio to now include chemical tankers. ADSB welcomed its first chemical tanker at the new drydock facility at Mina Zayed, which was commissioned in July of this year.
Dubai Trade, the single window for cross-border trade and smart trading solutions, is integrating the “Rosoom” e-payment gateway with the Global Village website. The agreement gives visitors the convenience of buying tickets online through the Global Village website www.globalvillage.ae or its mobile application.
Abu Dhabi Ports, in association with the Indian Business and Professional Council (IBPC) - Dubai has hosted prominent Indian business leaders at an exclusive event to share an array of growth opportunities created by its latest development projects and expansion plans.