Iran is believed to hold at least 30mn barrels of crude in storage
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Posted inProducts & Services
Emerson signs MoU with Kuwait Oil Company
Technology specialist to provide technical training to KOC operations and maintenance staff
Posted inProducts & Services
Oil and gas sector will scale back hiring- report
Current market uncertainties have caused employers to remain cautious
Posted inProducts & Services
Oil makes gains as Saudi boosts prices for Asia
US crude ended at $51.70, while Brent traded at $57.49 on Tuesday
Posted inProducts & Services
MENA salaries to rise despite low oil price
Businesses are forecasting salary increases between 4% and 10%
Posted inNews
Libya plans to manage oil revenue from UAE account
Internationally recognised government plans to open UAE bank account to manage oil and gas transactions
Posted inNews
Four dead in Mexico oil rig fire
As many as 45 people were injured and 302 were evaquated
Posted inProducts & Services
TAQA posts 2014 loss, blames falling oil prices
Company reported net loss of $820mn for 2014 compared to $690mn in 2013
Posted inProducts & Services
DME reaches oil trading milestone
Increased interest from Asian members boosts performance