Fossil Fuels - Global Business Magazine

AD Ports, Transmar and Orascom to Develop Green Methanol Unit

Global Business Magazine May 29, 2024

Two global logistics firms and a leading construction group in the Middle East, on Tuesday signed a memorandum of Understanding (MoU) for Read More

Business Energy Featured News Regional

Chinese Firm Signs MoU to Develop 10GW Solar Project in

Global Business Magazine January 3, 2024

The China Electric Power Equipment and Technology Limited has signed a memorandum of Understanding (MoU) with Egypt’s New and Renewable Energy Read More

Economy Energy Featured News World

Southeast Asian Economies Looking at LNG to Meet Their Energy

Global Business Magazine November 10, 2023

Southeast Asian economies, which rely heavily on coal and fossil fuels to meet its energy demand, will be looking at natural gas Read More

Energy Featured News World

EU’s Natural Gas Demand Decline by 13.2% in 2022

Global Business Magazine May 8, 2023

Following a 4.3% increase in 2021, the inland demand for natural gas in the European Union (EU) decreased by 13.2% in 2022 to 13.72 million terajoules. This Read More

Business Featured News Regional

Actis to acquire controlling stake in UAE-based Yellow Door Energy

Global Business Magazine September 2, 2022

Actis, a leading global investor in sustainable infrastructure, has announced the signing of definitive transaction documents for the acquisition of a controlling Read More

Business Featured News Regional

ADNOC to acquire Zakher Marine International

Global Business Magazine August 18, 2022

ADNOC Logistics and Services, the integrated marine shipping and logistics arm of the Abu Dhabi National Oil Company (ADNOC), on Tuesday said Read More

Energy Featured News Regional

Qatar exported over 70% of LNG globally in 2021

Global Business Magazine July 22, 2022

The International Gas Union (IGU) has said that Qatar accounted for a lion's share of 28.2 million tonnes out of 37.1 million tonnes of Read More

Business Featured News Regional

Saudi Arabia and Egypt sign 14 agreements valued at $7.7

Global Business Magazine June 22, 2022

Saudi Arabia and Egypt have signed 14 agreements worth $7.7 billion, Egypt’s General Authority for Investment and Free Zones said on Tuesday.Read More

Economy Featured News Regional

Russia-Ukraine war impacts GCC economies, says IMF

Global Business Magazine April 26, 2022

The ongoing Russia-Ukraine conflict has taken a toll on growth of economies of the GCC countries, according to the International Monetary Fund (Read More