Middle East

Oman Oil to revamp to support expansion

State-owned Oman Oil Company (OOC), the national petroleum investment company, will restructure itself to support expansion and...

Middle East

Saudi, Russia agree output freeze at January level

Top oil exporters Russia and Saudi Arabia agreed to freeze output levels but said the deal was contingent on other producers...

Middle East

Dana Gas swings to profit on RWE gain

United Arab Emirates-based energy firm Dana Gas swung to a $134.2 million profit in the fourth quarter, as a one-time...

Middle East

In Brief

Al Jaber named GM, AdnocABU DHABI: The UAE has appointed Sultan Al-Jaber as general manager for the Abu Dhabi National Oil Company (Adnoc), the government said in...

Middle East

Management rejig ‘key to beat impact of low oil’

Private and public sector organisations in the Middle East may simplify their hierarchical systems to stave off the effects of...