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Catch the holiday spirit with the Junior Board of A Silver Lining Foundation at Zella (1983 N. Clybourn Ave., Chicago; 773-549-2910) 8:30 p.m. until 1 a.m. Friday, December 5 as they host the "Save th...

The Chicago Board of Options Exchange is now seeing business in $30 a barrel (Dhs110.22), or options to sell oil at $30. Brent, against which 60% of the world's crude is priced, is now $53.85, while the Dubai Mercantile Exchange's Oman futures contract, which the previous week stood at $56.17 for the OSP, now sits at $48.30, anticipating a Far East economic slowdown from reductions in exports to Western consuming nations. [AMEInfo.com]

Mustang Engineering and J P Kenny have been awarded the front-end engineering design for ConocoPhillips' Greater Ekofisk Area Development.

A recent pullback in plans to expand or upgrade U.S. oil refineries may herald a more cautious era for refining companies, now facing uncertainty on many fronts.

Ethanol might reign as the king of biofuels, but several companies are betting that a close cousin may overcome some of its shortcomings.

Setting Standards In Safety, Power, Reliability And Fuel Efficiency; Preferred Engine Supplier Relations With Hitachi, Letourneau And Terex; New Three-Year Engine Supply Agreement With Liebherr D...

From one flight a week averaging 120 passengers a month and three staff members 25 years ago, SriLankan Airlines now operates three flights a week carrying an average of 1,500 passengers a month servi...

Middle East oil producers are meeting in Manama to discuss IT strategies at the forthcoming Oil & Gas ICT Summit (OT Summit). Dr. Abdul Hussein bin Ali Mirza, the Bahraini Minister for Oil and Gas Affairs said that GCC countries have decided on a scientific approach to formulate a comprehensive strategy for the development of the oil and gas sectors, placing IT at the forefront of priorities required for this development.

Middle East natural gas company Dana Gas has reported a net profit of Dhs26m for the quarter compared to Dhs22m in the same period last year. Dana Gas profits increased 18% after finance charges of Dhs65m, non-cash depreciation and depletion of Dhs73m and income tax expenses of Dhs39m.

Peter Kiewit Sons Co. and Plutonic Power Corporation Working With Local Authorities on Details Surrounding Plane Crash