The first Global Ministerial Dialogue session at ADIPEC featured ministers from the UAE, Bahrain and Oman discussing the future of hydrocarbons in the region, the growth of renewables and the role of OPEC
Weir Group PLC, the Scotland based pipe and valve manufacturer has warned that its yearly profits could fall in response to the weakening oil price and increased competition in the Middle East
Shell and BP have had mixed results in Q3 2016 but both are wary of the low oil price and the potentially detrimental effect on their profits
Yokogawa will distribute CiDRA’s Line of SONARtrac Flow and Entrained Air Measurement Systems in Southeast Asia, Middle East, and Korea
The oil market can expect a “significant improvement in market conditions” which will benefit producers, operators, the supply chain and the financial industry alike, said HE Khalid A Al Falih, Saudi Arabia’s Minister of Energy, Industry and Mineral Resources and chairman of Saudi Aramco, speaking at the Oil and Money conference in London on 19 October
