OPEC meeting to focus on output quotas and triple-digit oil prices

OPEC meeting to focus on output quotas and triple-digit oil prices

By Carrie Ann - Jun 06, 2011

The Organization of Petroleum Exporting Countries (OPEC), scheduled to convene in Vienna on Wednesday, is likely to face significant pressure towards increasing output, in a meetin

Read More
World’s first Zero-Carbon City comes to life with Market@Masdar City

World’s first Zero-Carbon City comes to life with Market@Masdar City

By Vrushti Mawani - May 09, 2011

Widespread belief is that sustainable development and U.A.E usually don’t figure together in the same context. However, the upcoming Masdar City in Abu Dhabi, promising “the hi

Read More
US$1,000Billion revenue in crude oil exports for OPEC

US$1,000Billion revenue in crude oil exports for OPEC

By Carrie Ann - Mar 30, 2011

The Crude Oil producers’ Cartel OPEC,, is expecting a record US$1,000B (aka US$1T) in export revenue, a historic landmark for the cartel, if Crude Oil prices remain higher than 1

Read More
Oil steadies on U.S economic recovery despite Libya, Syria and Yemen

Oil steadies on U.S economic recovery despite Libya, Syria and Yemen

By Carrie Ann - Mar 26, 2011

With official data released on Friday regarding U.S growth, demonstrating that the world’s largest oil consumer had recovered much better than had previously been expected,  oil

Read More