Masdar, the UAE-based clean energy company, has invested £70mn ($86.3mn) in a new fund to grow green technologies in the United Kingdom, according to an announcement...
United Arab Emirates Energy Minister Suhail Al-Mazrouei says Saudi Arabia’s replacement of Khalid Al-Falih with Prince Abdulaziz bin Salman as the energy minister doesn’t mean there...
(Bloomberg) — Saudi Arabia’s king late on Saturday named his son as energy minister, replacing Khalid al-Falih, the news agency SPA reported, citing a royal order. The...
Petrofac’s Engineering & Production Services (EPS) business has been awarded a three-year Operations & Maintenance Support Services contract from INEOS FPS. Under the terms of the...
Dhofar Wind Farm has achieved a major milestone by producing its first kilowatt hour of electricity after the project’s first wind turbine was connected to the...
Fujairah’s refined oil product stockpiles saw an eight-week high with a 10% jump to 21.253 million barrels in the week to Aug 12, Fujairah Oil Industry...
Investment in AI, big data and analytics could cut capital expenditure by 20 percent and add $300 billion a year to offshore cash flows by 2025...
(Bloomberg) — Indian billionaire Mukesh Ambani’s Reliance Industries Ltd.’s talks to sell a minority stake in its refinery business to Saudi Arabian Oil Co., Aramco have stalled...
(Bloomberg) — When Saudi Arabia announced plans to sell shares in its crown jewel Aramco, international bankers scrambled to get a piece of the action. Three...
Oman Shell has welcomed Intisaar Al Kindi as General Manager Upstream and Deputy Country Chair. An industry veteran, Al Kindi will lead the integrated delivery of...
