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Dubai World names new CEO for Istithmar investment unit
DUBAI, Sept 2 (Reuters) – Dubai World, the state-owned conglomerate that completed a $25 billion debt restructuring in 2011, named on Monday Ziad Makkawi as the new chief executive for its investment…
Attock Refinery financing closes
Pakistani oil refiner Attock Refinery has closed a debt financing equivalent to roughly $353 million for the upgrading of its refining capabilities.
Oil hit by falling Libyan output
Profits for European refiners are being squeezed as light sweet crude production stalls in Libya and also Nigeria, where output is at a four-year low
