Energy - Global Business Magazine

UAE’s Alpha Dhabi aims to double profit to $2.7 billion in 2022

Global Business Magazine March 18, 2022

United Arab Emirates-based conglomerate Alpha Dhabi (ALPHADHABI.AD), the fourth most valuable listed company in Abu Dhabi, aims to roughly double its 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 World

Oil plummets as Russia seeks resumption of Iran nuclear deal

Global Business Magazine March 15, 2022

Oil prices dropped to their lowest in almost three weeks on Tuesday as Russia indicated it is in favour of the Iran Read More

Energy News World

Exclusive: Chevron set to trade Venezuelan oil if U.S. relaxes sanctions, sources say

Global Business Magazine March 15, 2022

Chevron Corp. is preparing to take operating control of its joint ventures in Venezuela if Washington relaxes sanctions on Caracas to boost Read More

Energy News Oil & Gas World

Oil rises but set for weekly loss after talk of potential supply plugs

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

Energy Featured News Regional

Construction Of Egypt’s El Dabaa Nuclear Plant To Begin In July 2022

Global Business Magazine March 10, 2022

The construction of the first unit of El Dabaa nuclear power plant (NPP) in Egypt is expected to begin in July 2022, according Read More

Energy News Oil & Gas World

Analysis: An oil shock is coming, but the U.S. may have already paid for it

Global Business Magazine March 10, 2022

The gusher of money the U.S. government poured into family bank accounts during the coronavirus pandemic, credited with speeding the rebound Read More

Energy News Regional

UAE sows confusion in oil market as it faces lower Russian supply

Global Business Magazine March 10, 2022

Confusing messages from No. 3 OPEC producer the United Arab Emirates about whether it supported higher output or not stoked volatility in the Read More

Energy News Oil & Gas World

Oil bounces as tight supply gives high floor to prices

Global Business Magazine March 10, 2022

Oil prices bounced on Thursday from a sharp drop in the previous session after the United Arab Emirates backtracked on statements saying Read More

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