natural gas - Global Business Magazine

Saudi Arabia’s economy to grow around 3.9% from 2022 and 2026, says Moody’s

Global Business Magazine August 3, 2022

Global rating agency Moody’s has projected Saudi Arabia’s economy to grow at an average rate of around 3.9% from 2022 to 2026.Read More

Energy Featured News Regional

Second natural gas discovery in Abu Dhabi offshore block 2 exploration announced

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

Energy Featured News Regional

Mubadala Petroleum-backed exploration finds huge gas reserves in Indonesia

Global Business Magazine July 20, 2022

A 390-foot gas column find has been confirmed at the Timpan-1 exploration well 150 kilometers offshore North Sumatra in Indonesia. These findings are ‘Read More

Business Featured News Regional

ADNOC draws up plans to woo foreign investments

Global Business Magazine July 13, 2022

The UAE's Abu Dhabi National Oil Company (ADNOC) wants to continue wooing foreign investments and striking strategic partnerships as the national oil Read More

Energy Featured News Regional

DEWA adds 700 MW to Dubai’s electricity grid

Global Business Magazine July 8, 2022

Dubai Electricity and Water Authority (DEWA) has announced that the total production capacity of energy has reached 14,117 megawatts (MW) after adding 700MW.Read More

Energy Featured News Regional

Global LNG demand set for slow growth in coming years

Global Business Magazine July 6, 2022

High prices and supply disruptions following Russia’s invasion of Ukraine lead to downward revision and cast doubt on natural gas’ prospects Read More

Energy Featured News Regional

UAE eyes LNG exports to meet global gas demand

Global Business Magazine June 27, 2022

With the European Union (EU) and the UK looking for alternate supplies for natural gas to reduce its reliance on Russian gas Read More

Energy News World

Explainer: Why is there a worldwide oil-refining crunch?

Global Business Magazine June 22, 2022

Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power Read More

Energy Featured News Regional

TAQA, ADNOC and Mubadala Sign Pact to Acquire Stakes in Masdar

Global Business Magazine June 21, 2022

Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company have announced on Tuesday that they Read More

Economy Featured News Regional

GCC benefits due to Russia-Ukraine conflict

Global Business Magazine June 6, 2022

The Russian invasion of Ukraine has opened new trade opportunities and partnerships for the GCC countries with the European Union (EU) and Read More

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