Category :Oil & Gas

Business Energy Featured News Oil & Gas Regional

Alujain Sells Minority Stake in Its Subsidiary NATPET for $500

Global Business Magazine January 24, 2024

Saudi Arabia’s Alujain Corp. has announced signing of an agreement to sell a minority stake of its subsidiary National Petrochemical Industrial Read More

Energy Business Featured News Oil & Gas Regional

ADNOC Awards $700 million EPC Project to Petrofac

Global Business Magazine July 3, 2023

Petrofac, the UK-based leading international service provider to the energy industry, on Friday announced that it has been selected by the Abu Read More

Finance Featured News Oil & Gas Regional

Aramcos’ Net Income Down in Q1-2023

Global Business Magazine May 10, 2023

Saudi Arabia’s energy major Aramco, the world’s second biggest company after Apple Inc, on Tuesday reported a first quarter 2023 net Read More

Economy Featured Oil & Gas Regional

UAE’s IPOs raise $11.90 billion during last 12 months

Global Business Magazine June 13, 2022

The UAE’s stock markets have witnessed as many as seven Initial Public Offerings (IPOs) in the last 12 months and they have Read More

Energy News Oil & Gas World

Shares ease as Ukraine fighting rages on, oil climbs

Global Business Magazine March 21, 2022

Stock markets around the world slipped on Monday as fighting in Ukraine raged on with no sign of a ceasefire even as Read More

Energy News Oil & Gas World

Oil continues rally as Russia-Ukraine talks stall

Global Business Magazine March 18, 2022

Oil prices extended their gains on Friday at the end of a third volatile week of trade after slim progress in peace Read More

Energy Featured Oil & Gas Regional

Qatar’s Emir inaugurates $10.4 billion Barzan gas project

Global Business Magazine March 16, 2022

Qatar’s Emir Sheikh Tamim bin Hamad Al Thani inaugurated the prestigious $10.4 billion Barzan Gas Project in a ceremony held at the Read More

Energy Oil & Gas World

Oil falls below $100 on Russia-Ukraine talks, demand concerns

Global Business Magazine March 16, 2022

Oil fell below $100 a barrel in a volatile session on Wednesday, as it came under pressure from signs of progress in Russia-Ukraine Read More

Energy News Oil & Gas World

Oil prices fall, continuing downward trend from last week

Global Business Magazine March 14, 2022

Oil prices fell on Sunday at the start of the session, extending last week's decline, as a U.S. official said Russia Read More

Energy News Oil & Gas World

Oil rises but set for weekly loss after talk of

Global Business Magazine March 11, 2022

Oil prices rose on Friday on continued concerns about supply disruptions for Russian oil and oil products, but were on track for Read More