Arab Today, arab today alzanki stockpiles tension speculators behind oil price fluctuation
Last Updated : GMT 04:07:41
Arab Today, arab today
Arab Today, arab today

Al-Zanki: stockpiles, tension, speculators behind oil price fluctuation

Arab Today, arab today

Arab Today, arab today Al-Zanki: stockpiles, tension, speculators behind oil price fluctuation

Kuwait - KUNA

Chief Executive Officer (CEO) of Kuwait Petroleum Corporation (KPC) Farouk Al-Zanki said here on Tuesday that the most important factors behind the current sharp fluctuation of oil prices were notably stockpiles, tension between the West and Iran and speculators. Al-Zanki told Kuwait News Agency (KUNA) on the sidelines of the opening of the International Conference of energy professionals organized by the Society of World Petroleum Engineers and sponsored by Oil Minister Hani Hussein that situation is not worrying as long as oil prices are orbiting around USD 100 a barrel that is fair. Al-Zanki expressed optimism on the implementation of the new refinery and enviromental fuel project, anticipating tenders would be floated during the first quarter of next year according to plan in a sign that there are a lot of issues relating to tenders which must be completed during the coming period. He explained that the drilling, production and exploration projects require a long time, noting that the increase in production capacity is going according to planned, although they require a long time too. He stressed the importance of the role of the oil sector in the development of the women situation and give them the opportunity to assume leadership positions, noting that the proportion of women working in the oil sector is 19 percent of the positions which confirms her positive outlook in this sector. He added that the oil sector is working hard to give women a greater opportunity to assume leadership positions, explaining that the oil sector as a production sector faces significant challenges, especially in the human element. He pointed out that the current stage requires considerable development, especially of the human element to gain experience required to work in the oil sector, rejecting discrimination between men and women and called for giving equal opportunity for each of them. He pointed out that women made great strides in the oil sector and reached a number of leadership positions, hoping that she possess a greater number in the future, especially with the great support given by KOC and its affiliate companies. Al-Zanki said the oil sector takes into account the conditions of women working in the oil fields and industrial, stressing that the oil companies\' leaderships take into account these circumstances. For her part, Deputy Managing Director of the northern Kuwait region in the KOC and Chairman of the Conference Hassania Hashim expressed her pleasure for the establishment of this conference, adding that it was an honor to organize the first conference of Society of World Petroleum Engineers which is prepared especially for women professionals in the exploration and production. Hashem explained that the conference has three axes; the first concerns obstacles and challenges that women face in her career progression, while the second tackles the best practices in the energy sector to develop competencies and the third concerns work of the women in the oil fields.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today alzanki stockpiles tension speculators behind oil price fluctuation Arab Today, arab today alzanki stockpiles tension speculators behind oil price fluctuation

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 19:50 2017 Saturday ,18 February

OPEC daily basket price announced for Wednesday

GMT 04:54 2017 Saturday ,18 February

Oil prices slip as high stocks overshadow OPEC cuts

GMT 21:38 2017 Thursday ,16 February

Kuwait Oil Price Down 25 cents to $52.30 pb

GMT 14:40 2017 Thursday ,16 February

OPEC daily basket price announced for Wednesday

GMT 19:14 2017 Wednesday ,15 February

Gasoline, diesel prices increase 100 L.L.
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 21:49 2017 Thursday ,16 February

Scientists develop new therapy

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday