Energy - Global Business Magazine

Oil falls to $125 on speculation U.S. Russia oil ban

Global Business Magazine March 9, 2022

Oil fell to around $125 a barrel on Wednesday as some investors took the view that the U.S. ban on Russian oil Read More

Energy News Oil & Gas World

Aramco CEO says Ukraine invasion has accelerated global energy crisis

Global Business Magazine March 9, 2022

Saudi Aramco CEO Amin Nasser said the "tragic situation unfolding in Ukraine" is making the global energy crisis worse, according to prepared Read More

Business Featured News World

Paraguay To Open Embassy In UAE Soon

Global Business Magazine March 8, 2022

Paraguay will soon open an embassy in the UAE to enhance bilateral trade and two-way investments and expand trade in general across Read More

Energy News Oil & Gas World

OPEC meets with U.S. shale executives as oil prices skyrocket

Global Business Magazine March 8, 2022

Officials from the Organization of the Petroleum Exporting Countries (OPEC) met U.S. shale oil company executives on the sidelines of the Read More

Energy Featured Oil & Gas Regional

Russian Aggression In Ukraine A Windfall For Global Oil Producers

Global Business Magazine March 7, 2022

Rising crude oil prices is definitely welcome news for the oil producers as the United States has been discussing with its allies Read More

Energy Featured News Regional

ADNOC Inks Pact With Proman To Set Up Methanol Production

Global Business Magazine March 7, 2022

Abu Dhabi National Oil Company (Adnoc) has signed an agreement on Thursday with Proman, one of the world’s leading producers of Read More

Finance Featured News Regional

GCC Has Considerable Investments in Russia Direct Investment Fund

Global Business Magazine March 7, 2022

The Gulf Cooperation Council (GCC) countries have made significant investments in the Russia’s Sovereign Wealth Fund (SWF) - Russian Direct Investment Read More