Royal Dutch Shell PLC on Thursday called for tougher regulation of the Dubai crude benchmark, the Middle East's most important oil-pricing mechanism, after record trade volumes skewed prices.
Saudi Arabia's petroleum policy seeks to strike a balance between the present and the future. It aims to boost national income and preserve Saudi Arabia’s share of the oil market. And it seeks to continue in its role as a major supplier of energy to the world.
‘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.
الجائزة مؤشر على تبني الخدمات الذكية كأداة رئيسة في ممارسة الأعمال دعما ً للتجارة الذكية والاقتصاد المعرفي
Event a key indicator of smart-service adoption as an important tool for conducting business, supporting smart trade and a knowledge economy
Al Hebsi: We’re working to create a sustainable maritime economy based in the UAE
Dubai Trade, the single window for cross-border trade and a DP World company, has shortlisted nominees for its 9th E-Services Excellence Award (ESEA).
Albwardy Damen has recently celebrated 5 years free from Lost Time Injury (LTI) at the company’s branch in Fujairah, in the presence of Fujairah Port Authority, ship owners, agents and stakeholders. The Fujairah branch closed 2016 with zero recordable incidents as part of its constant efforts to make the workplace, community and environment a safe place. Albwardy Damen’s proactive approach to safety has led to the development of rigorous safety programs and contributed to this excellent safety record.
Local holding company Meraas has been chosen to develop ‘Dubai Harbour’, a 20 million sq. feet megaproject located in the area between Jumeriah Beach Residence and Palm Jumeriah.