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Finmeccanica to provide ATM/ATC systems in Malaysia, Morocco, Turkey and Saudi Arabia

2016-03-11 01:00:00| Airport Technology

Finmeccanica's security and information systems division has received contracts to install air traffic management / air traffic control (ATM/ATC) systems in Malaysia, Morocco, Turkey and Saudi Arabia.

Tags: provide systems turkey malaysia

 

Oil industry must thwart 'misguided' divestment campaign, says Saudi minister

2016-02-25 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Big Oil must thwart the movement to leave fossil fuels in the ground, the worlds most powerful oilman said on Tuesday. Addressing executives in Texas, Saudi oil minister Ali Al-Naimi said the industry had to shed its Dark Side image and show it was a force for good. As an industry, we should be celebrating that fact, and better explaining the vital importance of these precious natural resources, he said in a transcript at an event in Houston. We should not be apologising. And we must ignore...

Tags: industry oil minister campaign

 
 

Oil prices fall as Saudi Arabia rules out output freezing proposal

2016-02-24 01:00:00| Offshore Technology

Oil prices have fallen after Saudi Arabia ruled out proposal freezing output, as well as a rise in US crude inventories.

Tags: prices fall rules oil

 

AATCO opens food manufacturing plant in Jeddah, Saudi Arabia

2016-02-22 01:00:00| Food Processing Technology

Oman-based AATCO Food Industries has opened a new processing plant in Jeddah, Saudi Arabia to cater to growing consumer demand for its products in the Gulf Cooperation Council (GCC), Levant, Africa, Asia and Oceania region.

Tags: food manufacturing plant opens

 

Saudi oil minister to face rival U.S. producers as price rout bites

2016-02-21 09:40:42| Oil & Gas - Topix.net

This week, Saudi Oil Minister Ali Al-Naimi will for the first time face the victims of his decision to keep oil pumps flowing despite a global glut: U.S. shale oil producers struggling to survive the worst price crash in years. While soaring U.S. shale output brought on by the hydraulic fracturing revolution contributed to oversupply, many blame the 70-percent price collapse in the past 20 months primarily on Naimi, seen as the oil market's most influential policymaker.

Tags: price face oil minister

 

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