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  • UAE-economy-minister-cuts-2012-GDP-growth-outlook

    UAE feels no pressure to issue bonds

    The government of the United Arab Emirates will further discuss its plan to introduce a law allowing public debt issues at the federal level, and it feels no pressure to issue bonds despite a budget deficit, Obaid Humaid al-Tayer, Minister of State for Financial Affairs, said on Tuesday.

    June 19, 2012 5:26
  • India BPCL

    India’s BPCL starts rupee payments for Iran oil

    Indian state-run refiner makes its first rupee payment for Iran oil; Payment, equivalent to $482.19 mln, in settlement of last year's imports; Other Indian refiners expected to follow suit this week or the next

    June 19, 2012 5:25
  • Fujairah fuel storage

    Iran to add 1.1 billion litres oil production storage by 2013

    Iran plans to increase its oil products storage capacity by 1.1 billion litres (6.9 million barrels) by next March, oil ministry news service Shana said on Tuesday.

    June 19, 2012 5:23
 
 
  • Saudi Crown prince Salman

    Prince Salman named Saudi heir at time of turmoil

    Saudi Arabia's King Abdullah has appointed his defence minister, Prince Salman, as heir apparent, opting for stability and a continuation of cautious reforms at a time of challenges for the world's biggest oil exporter.

    June 19, 2012 10:30
 
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