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As a result of a growing number of industries setting up in Sohar, Muscat in 2008 created of a new economic zone in Sohar. It had already attracted a number of projects to...
Business Journal
Petroleum Development Oman: PDO is owned 60% by the Omani government, 34% by Shell which is the technical manager, 4% by Total and 2% by Partex. The Shell-led foreign partners in PDO in...
Business Journal
CenterPoint Energy's programs include rebates for efficient space and water heating, free energy saving showerheads and incentives for efficient boilers, boiler components and food service equipment. In addition, commercial customers can receive custom...
Business Journal
By Burgert, Philip | Publication: Futures (Cedar Falls, Iowa) | Filed In: Spot Market and Commodities Markets
The volatility that marked energy markets over the past year is almost guaranteed to continue in 2012. Geopolitical factors, such as Europe's financial crisis and conflicts with Iran and other regions, make long-range...
Business Journal
By Perchanok, Kirill | Publication: Futures (Cedar Falls, Iowa) | Filed In: Fossil Fuel Power Plants and Electric Power Plants
The spark spread represents the theoretical margin of electric power producers. Its understanding can reveal several speculative opportunities that traders can use to expand their market activity. There are several fundamental methods of...
Business Journal
By Cretien, Paul D. | Publication: Futures (Cedar Falls, Iowa) | Filed In: Heating Oil Prices and Oil & Gas Prices
In mid-December 2011, the Organization of Petroleum Exporting Countries (OPEC) surprised the energy markets by deciding to increase oil production with a new output target of 30 million barrels a day. Bloomberg reported...
Business Journal
By Strauss, William AWang, Norma | Publication: Chicago Fed Letter | Filed In: Economic Recovery and Economic Conditions
HEADNOTE According to participants in the Chicago Fed's annual Economic Outlook Symposium, the U.S. economy is forecasted to grow at a pace below its historical average in 2012, following a year with an...
Business Journal
By Toops, Laura Mazzuca | Publication: American Agent & Broker  | Filed In: Hurricanes and Tropical Storms
Hailstorms in Australia, tornadoes in the southeastern U.S. and windstorms in northern Europe: We're in the second month of the year and already receiving hints that 2012 may be shaping up to equal...
Business Journal
Publication: China Business News | Filed In: Chemicals Overview and Chemicals
Sichuan Meifeng Chemical Industry, a China-based company primarily engaged in manufacture and distribution of chemical fertilizers, including urea, and other chemical products, announced that net profit attributable to the shareholders is expected to...
Business Journal
The search for oil in Oman began in 1925, soon after D'Arcy Exploration Co. won a two-year licence. Then the country was a British protectorate. The firm made geological surveys but failed to...
Business Journal
In his third State of the Union address to the US Congress, President Barack Obama on Jan. 24 said he was "determined to prevent Iran from getting a nuclear weapon", stressing: "I will...
Business Journal
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GAS
Ukraine not to quarrel with anyone over gas issues - Yanukovych Ukraine does not intend to quarrel with anyone either over diversifying energy supplies or creating a gas transportation consortium, Ukrainian President Viktor...
Business Journal
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GAS
Lietuvos dujos to buy gas from Gazprom Export in 2012, but at current price Lithuanian gas import and transport company Lietuvos dujos will purchase gas from LLC Gazprom Export, subsidiary of Russia's OJSC...
Business Journal
Publication: LexisNexis | Filed In: Natural Gas Prices and Oil & Gas Prices
Ukraine announces plans to observe gas contract, talk price - Miller Ukraine has said it will abide by its contractual obligations to Russian gas giant for purchases in 2012. However, it will be...
Business Journal
There are fuel shortages in the country caused partly by financial difficulties being faced by the interim government since the fall of President Mubarak and partly in view of rising domestic prices. Long...
Business Journal
Having been petroleum minister since on Oct. 9, 1999, Fahmi was removed from his post in late February. On April 21, the public prosecutor ordered Fahmi and five other senior petroleum officials detained...
Business Journal
SAN DIEGO -- Osage Exploration and Development, Inc. (OTCBB: OEDV) is pleased to announce the spudding of the Krittenbrink 2-36H on January 8, 2012 in Logan County, Oklahoma two days after the completion...
Press Release
NEW YORK -- Hess Corporation announced today that it will take a $525 million after-tax charge against its fourth quarter 2011 earnings as a result of the shutdown of the HOVENSA L.L.C. refinery...
Press Release
WALL, N.J. -- New Jersey Natural Gas (NJNG) received verbal approval today from the New Jersey Board of Public Utilities (BPU) to extend The SAVEGREEN Project through December 31, 2012 for an additional...
Press Release
DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/68e0d8/cyprus_energy_repo) has announced the addition of the "Cyprus Energy Report" report to their offering. This report provides updated facts and figures on the evolution of the national energy...
Press Release

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