Energy - Global Business Magazine

Aramco Awards $900 million Marjan Project to Saipem

Global Business Magazine July 6, 2023

Saipem, a leading company in the engineering, drilling and construction of major projects in the energy and infrastructure sectors, has been awarded Read More

Energy Business Featured News Regional

Egypt Planning to Set Up $9 Billion Refining and Petrochemical Project

Global Business Magazine July 5, 2023

As part of its strategy, the Egyptian Ministry of Petroleum and Mineral Resources has announced that work was underway currently for new Read More

Energy Business Featured News Regional

ADNOC Gas Awards $1.34 Billion in Contracts for New Natural Gas Pipeline

Global Business Magazine July 3, 2023

ADNOC Gas, the world-class integrated gas processing company, on Monday announced that it has awarded contracts valued $1.34 billion to Petrofac Emirates LLC Read More

Environment Energy Featured News Regional

Jordan Gets $250 Million World Bank Loan to Improve its Water Services

Global Business Magazine June 28, 2023

In a big relief to the parched regions of Jordan, the World Bank has agreed to provide $250 million in financing to the Read More

Energy Featured News Regional

Oman to Become Middle East’s Top Exporter of Hydrogen by 2030

Global Business Magazine June 13, 2023

If things go as planned, Oman is competing with neighbouring Saudi Arabia and all set to become the biggest exporter of carbon-free Read More

Business Featured News Regional

Qatar to Develop 1600 MW Power Plant in Uzbekistan

Global Business Magazine June 6, 2023

Doha-based Nebras Power has been expanding its presence in Central Asia by making with significant investments in various countries in the region. Read More

Energy Economy Featured News Regional

Global Oil Industry Needs Investments of $12.1 Trillion by 2045, says OPEC

Global Business Magazine May 15, 2023

Haitham Al Ghais, Secretary General of OPEC, on Sunday said that populations and economies were growing, and the world needs more energy Read More

Finance Economy Featured News

ADNOC to Offer 15% Stake in Its Maritime Logistics Arm ‘ADNOC L&S’

Global Business Magazine May 11, 2023

ADNOC, the Abu Dhabi state-owned energy company, on Wednesday announced its plans to sell a 15% stake through an Initial Public Offering (IPO), Read More

Business Energy Featured News Regional

QatarEnergy Signs Two Contracts for Offshore Blocks in Suriname

Global Business Magazine May 10, 2023

QatarEnergy, Qatar’s state-owned energy giant, on Tuesday signed two production sharing contracts (PSCs) for two blocks offshore Suriname, following successful bids Read More