(Bloomberg) — Saudi Arabia has so far been thwarted by Russia in its push to shore up oil markets against the coronavirus. But when they meet next...
Nawah Energy Company has begun loading the first nuclear fuel assemblies at Unit 1 of Barakah Nuclear Energy Plant, according to WAM. This initial step follows the...
The Abu Dhabi National Oil Company (ADNOC) has awarded two contracts worth $1.65 billion (AED 6.06 billion) for the construction of offshore facilities for the Dalma...
Kristalina Georgieva, Managing Director – International Monetary Fund (IMF), has warned of serious effects on the world economy if the Wuhan coronavirus outbreak (COVID-19) is not...
Petroleum Development Oman (PDO) provided a further boost to Omani engineering with the signing of a new contact with the Oman Engineering Procurement & Construction (OmEPC),...
(Bloomberg) — A nascent rebound in oil prices ran into turbulence after China’s Hubei province reported almost 15,000 new coronavirus cases as it changed its method for...
UAE-based Tristar Group and BP have signed a US$24mn contract for liquefied natural gas LNG shipping services recently. The four-year deal includes a variety of LNG...
(Bloomberg) — Even before the deadly virus struck, another menace confronted the global energy industry: the warmest winter anyone can remember. Russia’s winter was so balmy that...
(Bloomberg) — The Arab monarchies of the Persian Gulf face a budget reckoning and risk squandering their $2 trillion in financial wealth within 15 years as oil...
The coronavirus (nCoV) outbreak might spill over to impact oil demand with OPEC (Organization of the Petroleum Exporting Countries) and its allies mulling another 500,00 barrels...
