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Category :Oil & Gas

Business Companies Funding Oil & Gas World

Venture Global Closes $15.1 Billion Funding for LNG Project

Global Business Magazine July 29, 2025

Venture Global, an American producer and exporter of low-cost US liquefied natural gas (LNG), on Monday announced a final investment decision (FID) Read More

Business Companies Earnings GCC Oil & Gas

NMDC Energy Earns Revenue of $2.23 Billion in H1-2025

Global Business Magazine July 23, 2025

Demonstrating its strength and disciplined execution amid challenging market conditions with sustained growth, NMDC Energy, a majority-owned subsidiary of NMDC Group, on Read More

Business Companies GCC Petrochemicals Technology World

Borouge to Open Petchem Sector’s First AI Control Room

Global Business Magazine June 27, 2025

Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, said that it was collaborating with Honeywell to conduct Read More

Business Companies Mergers and Acquisitions Oil & Gas World

Keyera Buys Plains’ Canadian LNG Business for $3.77 Billion

Global Business Magazine June 18, 2025

Keyera Corp, one of the largest midstream oil and gas operators in Canada, on Wednesday said that it has entered into an Read More

World Bank Business Companies Middle East Oil & Gas

More Oil Exports Help MENA Grow 2.7% in 2025

Global Business Magazine June 12, 2025

Growth in the Middle East and North Africa (MENA) region is projected to strengthen to 2.7% in 2025 and average 3.7% in 2026 and 4.1% in 2027, mainly Read More

Business Companies GCC Oil & Gas

ADNOC Gas Award Contracts Worth $5 Billion for RGD Project

Global Business Magazine June 11, 2025

ADNOC Gas, a world-class integrated gas processing and sales company, on Wednesday announced that it has taken a final investment decision (FID) Read More

Business Companies Divestments GCC Oil & Gas World

OMV Sells 5% Stake in Ghasha Concession to Lukoil

Global Business Magazine May 30, 2025

Austria-headquartered oil and gas player OMV said that it has entered into a deal with Lukoil Gulf Upstream, a subsidiary of Russia’Read More

Business Companies Petrochemicals Regional World

Aramco Reaffirms Support to Shaheen Project in Korea

Global Business Magazine May 13, 2025

Saudi Aramco, the world's largest oil company and majority shareholder for S-Oil in Korea, on Tuesday visited the oil refiner's Shaheen project Read More

Business Companies Earnings Oil & Gas Regional

Aramco’s profits Take Hit in Q1-2025

Global Business Magazine May 12, 2025

Uncertainty in the global oil market prices coupled with lower production, high operating costs and sales impacted the profits of Saudi Arabia’Read More

Business Companies Earnings Oil & Gas Regional

ADNOC Gas Reports Net Income of $1.27 billion

Global Business Magazine May 5, 2025

ADNOC Gas and its subsidiaries, a world-class integrated gas processing and sales company, on Monday announced a net income of $1.27 billion and Read More