Japan’s May Iran crude imports slide ahead of sanctions
Imports fall 46.5 pct y/y before EU restrictions on Sunday; Overall oil purchases increase; Nominations for June, July at about 12,000 bpd
June 28, 2012 1:35
First oil flows through UAE’s Hormuz bypass
The new pipeline has a nameplate capacity of around 1.5 million barrels per day (bpd), compared to total UAE exports of around 2.4 million bpd, but sources say it can carry over 2 million bpd.
June 21, 2012 1:17
Brent hits 18-month low on modest Federal action, China data
Fed offers modest stimulus to weak U.S. economy; Unexpected jump in U.S. crude stockpiles; China factory sector contracts for 8-month running; China’s export order seen at the weakest since early 2009
June 21, 2012 10:55
Iran oil exports fall more in June, sanctions bite
Crude exports from Iran this month have dropped to between 1.2 million barrels per day (bpd) and 1.3 million bpd, according to a firm that tracks oil shipments and sources at oil companies.
June 20, 2012 5:48
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24