As temperatures head towards their peak, the reality of the region’s harsh environment and lack of fresh water supplies more apparent.
Market Watch
Posted inNews
Running to stand still
Ten years ago the Middle East looked very different, and the real estate developments underway today were unimaginable.
Posted inNews
Record breakers
Shell, Total and ExxonMobil have all recently posted record Q1 earnings, putting the supermajors under renewed fire from consumers.
Posted inNews
Futures market to blame
OPEC secretary general Abdalla Salem El-Badri appears to have lost patience with incessant calls to ramp up production.
Posted inNews
Deep water boom
Michael Smith, Energyfiles CEO, says the offshore drilling market will be worth $80 billion by 2012.
Posted inProducts & Services
Baker Hughes acquires reservoir-consulting firms
Oil and gas service provider, Baker Hughes Incorporated has announced that it has acquired two reservoir consulting firms
Posted inNews
The skills crisis arrives
Despite record levels of investment, the global oil and gas industry is at the precipice of a potentially severe stagnation.
Posted inNews
DEWA sets an example
The Dubai utility is working to reduce power and water consumption, and to foster a culture of conservation in the emirate.
Posted inNews
Future bright
Upstream capital projects for Shell, BP and Chevron represent investment of close to $100 billion worldwide.
Posted inNews
Oil challenges, risks and opportunities
What are the risks and challenges facing national oil companies industry today?