The Sultanate’s total oil reserves stood at around 4,843 million barrels at the end of 2019, approximately 52 million barrels higher compared to the end of...
CC Energy Development (CCED) have marked their 100 millionth barrel milestone as they continue with their strategic, long-term operations in the Sultanate. Adopting a ‘think global,...
(WAM) — ADNOC Distribution has announced the launch of a new range of lubricants that offer greater fuel efficiency for hybrid vehicles. The new range of...
(Bloomberg) — Oil edged higher after a report pointed to a drop in U.S. crude stockpiles and on signs that additional supply from OPEC+ next month won’t...
(Bloomberg) — For decades, Mukesh Ambani’s empire has been supported by the energy flank he inherited from his father. But when Ambani faces shareholders at Reliance Industries...
(Bloomberg) — Middle East producers are banking on robust demand from Asia for its more sulfurous and dense crude, boosting prices for the dirtier oil even as...
(Bloomberg) — Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts even as...
(WAM) — Ducab Group, one of the UAE’s largest manufacturing businesses has taken a significant step towards increasing its sustainability with the official opening of its...
(Bloomberg) — Crude oil is the world’s most important commodity, but it’s worthless without a refinery turning it into the products that people actually use: gasoline, diesel,...
Hitachi Ltd. and ABB Ltd has announced the completion of all required procedures as planned, and the formation of Hitachi ABB Power Grids Ltd. Hitachi has...
