RIYADH: OPEC’s biggest crude producer Saudi Arabia will have its sights set on the upstart US shale oil business at a crucial meeting to debate possible output cuts on Thursday.
In the current economic environment, success is expected to come to only those companies that generate innovative products, services, processes and business models to gain competitive advantage, said
ABUJA: Nigeria has devalued its currency, seeking to stabilize the naira after it hit historic lows against the US dollar, as falling world oil prices hurt the country’s foreign reserves.
ACCRA: Ghana has accepted a bid from Italian oil major Eni to develop its offshore oil and gas resources, part of an effort to boost the west African nation’s nascent energy sector, officials said.
NEW DELHI: A top US trade envoy has urged India to strengthen its drug and other intellectual property laws, saying such a move is needed to draw vital investment to spur a sputtering economy.
WASHINGTON: The US economy grow at a much faster pace than initially thought in the third quarter, pointing to strengthening fundamentals that should help it weather slowing global demand.
PARIS: The weak eurozone economy poses a key threat to global growth, the OECD warned on Tuesday, urging more flexibility in fiscal rules for struggling EU members like France and Italy to prevent ano
NEW DELHI: India’s economic growth probably slowed to around 5 percent in the three months to September, slipping from 5.7 percent in the previous quarter, two senior finance ministry sources said, pu
VIENNA: Saudi Arabia met fellow OPEC member Venezuela and oil powers Russia and Mexico in Vienna, as some of the world’s largest crude producers engaged in last-minute shuttle diplomacy in a bid to co
International mechanical services group, EnerMech, has announced that it has signed a joint venture agreement with Abdulla Fouad Group (AFG) to support the growth of its operations in Saudi Arabia.
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