Although escalating tensions might not lead to war, investors could remain wary well into 2020
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Current geopolitical tensions between Iran and US indicate continued contained confrontation
Firas Modad, director of Middle East country risk at IHS Markit, gives his take on recent tensions in the region
Business considerations of Iran crisis
Richard Thompson, editorial director at GlobalData, gave his thoughts about recent geopolitical tensions
Could US-Iran tensions push oil prices over $100?
As tensions between the US and Iran escalate, our sister title Arabian Business brought together industry experts to discuss the potential impact on oil prices
Operational production costs have fallen globally: Rystad Energy
The United Kingdom leads with a 31% drop in operational production costs
Bringing goodwill & asset impairment testing into focus
Public and private energy companies should address year-end 2019 goodwill and long-lived asset impairment testing procedures so quarterly and financial audits and reviews can go smoothly and allow for greater transparency.
Tristar Group acquires logistics land in Oman’s Port of Duqm
Tristar also has a new 15,000 sqm facility located in the Rusayl Industrial Estate Phase 2
Egypt awards Red Sea exploration concessions to Shell, Chevron, and Mubadala
This is Egypt’s first licensing round for the Red Sea, following successful bidding rounds across multiple regions
BP plans to create five $1bn businesses by 2025
The British oil major has spent the past year creating a subsidiary to build businesses focused on digital, low-carbon technology
Emerson introduces ISO/IEC accreditation to psychrometric lab in Dubai
The accreditation will provide customers a platform to test performance of their air conditioners and heat pumps