Industry

MAG Lubricants announces 37 per cent growth in 2016

MAGMAG Lubricants celebrated its ongoing success recently in Abu Dhabi

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SNC-Lavalin awarded five-year commissioning framework agreement in Oman

SNC LAVALIN LOGOSNC-Lavalin has announced that its wholly owned subsidiary, Kentz Overseas Company WLL, has been awarded a five-year commissioning support services framework agreement by Petroleum Development Oman (PDO)

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ADNOC delivers long-term growth plans at CERA week

Toyota Hilux pickup truck of ADNOCThe Abu Dhabi National Oil Company is exploring new strategic, value-add partnerships to support its long-term growth plans, as it responds to increasing global energy demand and growing market competition

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IEA: global oil supply to lag demand after 2020 unless new investments are approved soon

Fatih Birol Foreign and Commonwealth Office Oil Review Africa Oil Review Middle EastAccording to the latest five-year oil market forecast from the International Energy Agency, global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon

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Libyan output falls as clashes force ports to shut

Demonstration in Bayda Libya 2011 07 22Two of Libya's largest oil ports have been forced to shut as clashes threaten the North African nation's oil recovery as daily production falls from 700,000 bpd to 650,000 bpd

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