Crude Oil - Global Business Magazine

Saudi Banks’ Performance to Compensate for Declining Profits in Other

Global Business Magazine April 16, 2024

Saudi Arabia’s AlJazira Capital, which offers full range of modern investment products and services to the investors, said that a strong Read More

Economy Energy Featured News Regional

Cap on Crude Oil Output to Continue

Global Business Magazine April 16, 2024

In its efforts to maintain price stability due to uncertain economic conditions, the Vienna-headquartered Organisation of Petroleum Exporting Countries (OPEC) and its Read More

Business Energy Featured News Regional

Gulf Navigation Consider Acquiring Brooge Energy Limited

Global Business Magazine October 4, 2023

As part of its expansion plans, Gulf Navigation, the only listed maritime company on the Dubai Financial Market (DFM) offering services globally, Read More

Business Featured News Regional

ADNOC Drilling awards $1.53 billion contract to support expansion of

Global Business Magazine October 11, 2022

Abu Dhabi National Oil Company (ADNOC) announced today the award of a contract worth $1.53 billion (AED 5.62 billion) to ADNOC Drilling. The award Read More

Energy Featured News Regional

Second natural gas discovery in Abu Dhabi offshore block 2

Global Business Magazine July 30, 2022

Abu Dhabi National Oil Company (ADNOC) on Friday announced a second discovery of natural gas resources in the first exploration well in Read More

Business Energy Featured News Regional

ADNOC attracted $65 billion in FDI since 2016

Global Business Magazine June 20, 2022

As the world increasingly needs more energy with lower emissions, top tier investors from around the globe have been drawn to Abu Read More

Energy News Regional World

Abu Dhabi crude to head to Europe, replace Russian oil

Global Business Magazine April 25, 2022

A shipping unit of France's TotalEnergies (TTEF.PA) has provisionally chartered a tanker to load Abu Dhabi crude in early May for Read More

Banking News World

Barclays hit by $590 million loss on product sales blunder

Global Business Magazine March 28, 2022

British bank Barclays (BARC.L) disclosed on Monday an estimated 450 million pound ($592 million) loss on mishandled structured product sales and said this Read More

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Saudi Aramco looking at China and India for joint ventures

Global Business Magazine March 21, 2022

Saudi Aramco, the world’s largest oil companies in the world, is exploring various opportunities with China’s state-owned Sinopec and holding Read More