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Adnoc and Mubadala to develop Emirati talent, drive growthAdnoc and Mubadala Investment Company have signed a strategic collaboration agreement to boost UAE National talent development, empowering Emiratis to contribute to the nation's sustainable growth. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Princ More… |
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QatarEnergy expands Suriname offshore exploration roleQatarEnergy signed an agreement with Chevron to acquire a 20 per cent working interest in a production sharing contract for block 5 offshore Suriname. Pursuant to the signed agreement, Chevron (the operator) will retain a 40 per cent interest, while Paradise O More… |
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Aramco completes $6 billion bond issuanceAramco, one of the world’s leading integrated energy and chemicals companies, today announced that it has completed a bond issuance of $6 billion. The issuance comprises three tranches of USD-denominated senior unsecured notes under Aramco’s More… |
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China power firm backs ACWA's Central Asia ProjectSaudi-listed ACWA Power has completed a Sale and Purchase Agreement to sell 35% of its shareholding in ACWA Power Bash Wind Project Holding Company and ACWA Power Uzbekistan Wind Project Holding Company to China Southern Power Grid International (CSGIHK), the global investment and development More… |
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DECARBON 2025 to discuss oil and gas going greenTaking place in Berlin, Germany, on 10-11 February, the Oil and Gas Decarbonisation Congress (DECARBON) 2025 gathers top-level management and leading technical specialists to explore the latest advancements, strategies and solutions in reducing the industry's carbon footprint. More… |
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Envision Energy, PFI partner to drive renewables growthEnvision Energy, recognised as the 'Green Giant' among the '2024 TIME100 Most Influential Companies', has unveiled a strategic joint venture (JV) with Saudi Arabia's Public Investment Fund (PIF) and Vision Industries. This venture aim More… |
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International gas demand to grow by 2.5% in 2024, says IEAGlobal gas demand is forecast to grow by 2.5%, or just over 100 bcm, primarily driven by fast-growing Asian markets, according to the Gas Market Report, Q3 2024, released today (July 17) by the Paris-based International Energy Agency (IEA). Global gas demand g More… |
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Al Ramz named liquidity provider for Adnoc DrillingUAE-based Al Ramz Capital has announced that it has been appointed as a liquidity provider for Adnoc Drilling Company, the Abu Dhabi-listed largest drilling and well completions company in the Middle East by fleet size, owning and operating one of the largest multi-discipline drilling fleets More… |
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Global shipments of solar trackers hit 94GW in 2023: S&PGlobal shipments of solar trackers reached 94GW in 2023, 29% more than in 2022, S&P Global said in its Solar Tracker Market Report 2024. Global market distribution began to shift last year, with the market share of the US, traditionally the largest market More… |
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Aramco to acquire strategic stake in Air Products Qudra unitAramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ).   More… |