Dragon Oil, a subsidiary of Emirates National Oil Company (ENOC) and owned by Dubai government, on Tuesday said that it has invested Read More
China Delivers World’s Largest Oil Platform to Saudi Arabia
China's heaviest offshore oil and gas platform, weighing more than 17,200 tonnes, was completed and delivered to Saudi Arabia at a production facility Read More
CPP Investments Injects $843 Million in US Energy Firm
Toronto-based Canada Pension Plan Investment Board (CPP Investments), a global investment management firm, on Tuesday said that it has signed and closed Read More
Fujairah to Develop $3 Billion Petro Logistics Zone in Egypt
Fujairah, one of the seven Emirates in the UAE, has inked a Memorandum of Understanding (MOU) with Egypt to build a $3 billion Read More
Aramco Acquires 22.5% Stake in Petro Rabigh
Saudi Aramco has signed an agreement to acquire an additional stake of approximately 22.5% in Rabigh Refining and Petrochemical Co (Petro Rabigh), which Read More
State-owned petroleum and natural gas company Saudi Aramco on Tuesday said that it will return more than $124 billion to shareholders in this Read More
Woodside Energy to Buy OCI Clean Ammonia Holding
Woodside Energy on Monday said that it has entered into a binding agreement to acquire 100% of OCI Clean Ammonia Holding B.V., Read More
Enersol to Acquire EV Holdings for $45 Million
ADNOC Drilling Company and Alpha Dhabi Holding on Monday announced that their joint venture Enersol has agreed to acquire a 100% equity stake Read More
Two ADX-Listed Firms Report Profits in First Half of 2024
Two UAE companies – Modon Holdings and Borouge – both listed on Abu Dhabi Securities Exchange (ADX), on Wednesday reported financial performance for the Read More
bp, the UK’s oil major, on Tuesday said that it has taken a final investment decision on the Kaskida project in Read More





