Industry

SNC-Lavalin signs contract for a major PVC plant in Oman

SNC OmanMontreal-based SNC-Lavalin has signed an exclusive agreement with Project Development & Management International LLC (PDMI) in Oman, to design and deliver a greenfield chlor-akali PVC plant located 150km southeast of Muscat

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Kuwait slower than peers in diversifying economy: Moody's

Kuwait MoodysMoody's said that Kuwait's credit profile reflects its "substantial" oil and gas reserves, balance of payments surpluses and low government debt

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Indian oil minister says Saudi "revisiting" output cut policy: Reuters

India Saudi StoryIndia's oil minister Dharmendra Pradhan, referring to a discussion with his Saudi counterpart, said that Saudi Arabia and other OPEC producers were "revisiting" their policy of cutting crude oil output

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90 per cent of oil and gas executives see M&A scenario improving

Oil Rig MAAccording to the EY Oil & Gas Global Capital Confidence Barometer (CCB), 90 per cent of oil and gas executives expect global mergers and acquisitions to improve in the next 12 months

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Iran oil exports hit highest since signature of nuclear deal

Iran storyIran's Shana news agency said on Saturday that the country exported 2.7mmbbl per day in May, the highest since international sanctions were lifted on the country in 2016

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