In line with the initiatives to boost energy economy across the Middle East, the UAE and Kuwait have announced ambitious capacity targets for 2022 to invest more than US$220bn to develop the countries’ energy sector

The UAE facilities of Halliburton have received the American Petroleum Institute (API) Specification Q2, ISO 9001 and OHSAS 18001 certifications

Montreal-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

Moodys said that Kuwaits credit profile reflects its "substantial" oil and gas reserves, balance of payments surpluses and low government debt

Indias 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