Modern Water Plc, which completed the world’s first commercial forward-osmosis desalination plant in Oman last year, won three contracts in China during a U.K. trade mission led by Prime Minister David Cameron.
From an office overlooking the Oceanco shipyard in Alblasserdam, the Netherlands, energy tycoon Mohammed al-Barwani watched workers putting the finishing touches on a yacht that’s longer than a football field.
Oman crude will sell for $105.97 a barrel in January, according to the average of daily futures settlement prices this month on the Dubai Mercantile Exchange. That’s down 73 cents, or 0.7 percent, from December and is the lowest price in four months.
The Organization of Petroleum Exporting Countries will bolster crude shipments through to mid- December, driven by Iraq and as refiners come out of maintenance, according to tanker tracker Oil Movements.