Emerson announced it has acquired full ownership of its Fisher Sanmar Limited joint venture from Sanmar Engineering Corporation, expanding the capabilities of Emerson Process Management in India. 

ExxonMobil Industrial Lubricants have a bright future in the Middle East region with the Saudi Arabian market seen as the biggest market for Mobil Lubricants products and Iraq as a vital upcoming sector according to key members of Lubricants & Specialties (L&S) division.

Saudi Aramco reinforced its commitment to cutting-edge research and education in the oil and gas industry recently when Ahmed M. Alzayyat, managing director of Aramco Overseas Co., made a donation to the Delft University of Technology (TU Delft) on behalf of the company.

The UAE has overtaken Qatar to become the region's second largest energy investor with its potential capital in the sector totaling around US$74 billion during 2011-2015, official figures have shown.

Statoil, Norway's biggest oil producer, plans to challenge Abu Dhabi National Oil Co's existing partners such as ExxonMobil Corp and Royal Dutch Shell for a role in the UAE's resources.