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Saudi Arabia, Kuwait Make Breakthrough in Neutral Zone Talks

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(Bloomberg) -- Saudi Arabia and Kuwait are the closest in years to restoring oil output from the neutral zone shared by the neighboring nations after making a...
Schneider electric

Schneider Electric ranked 11th in Supply Chain Top 25

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The Gartner Supply Chain Top 25 has ranked Schneider Electric 11th for 2019. They have also received the Gartner’s 2019 Industrial Manufacturing Supply Chainnovator...
oman oil production

Oman sees a rise in Standard Grade Petrol Production by 41%

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The production of standard grade petrol (M-91) by Omani refineries has increased by 41% to touch 13.41 million barrels till the end of November...
Oil and Gas

Oman Combines Oil Companies to Create a Giant

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The largest Arabian Gulf producer that’s not an OPEC member is combining state-run oil investment and refining companies to form a business that spans...
Reliance

Reliance Said to Plan Expanding World’s Largest Refinery Complex

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Billionaire Mukesh Ambani-owned Reliance Industries Ltd. is considering a plan to boost its oil-refining capacity by about half, people with knowledge of the matter...

BP To Expand Mideast Presence With $2.8bn Investment

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Oil major BP aims to spend $1.8 billion in Egypt next year and $1bn annually in Abu Dhabi as it looks to expand its...
refinery

Oil Output Touches 265 Million Barrels at End of September 2018

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The Sultanate’s crude oil production, including condensates, stood at 265.46 million barrels for the first nine months of 2018. This is against an output...