Shell, TotalEnergies, and Mitsui & Co. are in discussions to invest in Abu Dhabi National Oil Co. …
ADNOC
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
BP, ADNOC establish Egypt-focused gas JV
by Yomna Yasserby Yomna YasserUAE’s Abu Dhabi National Oil Company ADNOC and BP have on Wednesday announced an agreement to form …
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Saudi Aramco, the state oil behemoth, is currently negotiating investment opportunities with Indian firms, as stated by …
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FeatureIndustry & TradeTech/AI
ADNOC approves emission reduction investments worth $23 bln
by Sama Mousaby Sama MousaADNOC’s board of directors approved increasing the investments in the emission reduction projects to AED 84 billion …
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Major stock markets in the Gulf dropped on Thursday amid falling oil prices.
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International NewsMENA NewsTech/AI
Sultan Al Jaber in Time’s list of most influential climate leaders
by Aya El Sayedby Aya El SayedTime magazine has included UAE’s Sultan Al Jaber in its list of the 100 Business Leaders Who …
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FeatureIndustry & TradeMENA NewsNewsTech/AI
ADNOC awards $615mln carbon capture contract for UK’s Petrofac
by Nada Aliby Nada AliUK’s Petrofac confirmed on Tuesday that it has been awarded a $615 million Engineering, Procurement and Construction …
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BanksFeatureFinancial InstitutionsMENA NewsNewsTech/AI
UAE’s ADNOC, TAQA secure financial closing for $2.2bln water project
by Nada Aliby Nada AliAbu Dhabi National Oil Company (ADNOC) said on Monday that it has secured the financial closing of …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt sees $9mn oil, gas investments till FY2024-end: minister
by Nada Aliby Nada AliEgypt’s Ministry of Petroleum raised its forecast for investments in the oil and gas sector from $8 …