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Monday, May 17, 2021 1:19 GMT
Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Supreme Council of Energy (DSCE), has issued a directive on the regulation of liquefied petroleum gas (LPG) trading, in order to protect the environment and society, by implementing the highest standards of safety and security. This involves the...More
Sabic has developed a plastic-intensive electric vehicle (EV) battery pack concept using a systems-engineering...More
Iran is preparing to ramp up global oil sales as talks to lift sanctions show signs of progress. But even if a deal is...More
The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) Jafar Rabiei said upon issuance of license for...More
GCC petrochemical projects worth US$71 billion are expected to become operational between 2020 and 2024, Al Eqtisadiah...More
Falling oil revenues, unemployment, inflation, falling purchasing power... Anger is growing among Algeria’s population, which is calling for more strikes and demonstrations against its government. On... More
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Kuwait Finance House – Bahrain has announced the signing of a Memorandum of Understanding (MoU) with Eskan Bank to provide financing to customers who wish to own their dream home in “Danaat Al... More
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The Suez Canal Authority (SCA) has started dredging work to extend a second lane that allows for two-way traffic in a southern section of the canal near to where a giant container ship got stuck for... More
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Chairman of Majlis Economic Commission Mohammad Reza Pour-Ebrahimi forecasted the 1400 (March 2021-22) budget deficit at IRR 3,500,000 billion (~US$15.1 billion). He elaborated on saying that Iran's... More
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Iran has asked Saudi Arabia to help sell its oil and circumvent US sanctions in exchange for limiting Houthi attacks on the kingdom’s oil facilities, Iraqi officials familiar with negotiations taking... More
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Libya pumped 1.168 million b/d of crude in April, the North African producer revealed to OPEC in the producer group's latest monthly oil market report. April crude production slid by 115,000 b/d... More
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The Omani government’s plans for the procurement of two major utility-scale solar powered projects in the interior of the country are still on track, although implementation and commercial operation... More
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Following a series of milestones amid the Covid-19 pandemic in 2020, Qatar is poised to become a leading arbitration hub, according to an official with the Qatar International Center for Conciliation... More
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Sabic has developed a plastic-intensive electric vehicle (EV) battery pack concept using a systems-engineering approach, underscoring the value of lightweight plastics to address critical industry... More
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The UAE and the Seychelles said that vaccinated people can travel freely between the two countries following the mutual recognition of vaccine certificates issued by their respective authorities.... More
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Torrential rains and flash flooding in Yemen have left several people dead and caused large-scale damage to homes and infrastructure, the UN says. Thousands of families have been affected by the... More
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Private jet traffic at one Dubai airport more than quadrupled in the first quarter as the sector rebounds strongly amid reduced commercial airline capacity. The Mohammed bin Rashid Aerospace Hub in... More
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