ADQ Teams Up With Energy Capital Partners to Start $25 Billion Project to Build Energy Facilities in the US Abu Dhabi Developmental…
UAE's ADNOC and Austria's OMV will create a $60 billion chemicals joint venture Abu Dhabi National Oil Company (ADNOC) and Austrian petrochemical…
Saudi petrochemical company SABIC makes a profit of $411 million after losses Saudi Baic Industries Corp (SABIC), a large petrochemical company, made…
Fitch: Renewable Energy Goals Boost Power Project Investments in GCC Investment in power projects is increasing in the Gulf Cooperation Council (GCC)…
Egypt will build a $7 billion petrochemical complex in New Alamein with a group led by Shared Capital Partners A group of…
Saudi Aramco enters the Philippines retail market by agreeing to buy a 25% share in Unioil Saudi Arabia's state-owned oil company, Aramco,…
Ma'aden buys Bahrain Aluminum stake from SABIC for $963 million Ma'aden, a Saudi Arabian mining company, has bought a 20.6% share in…
Saudi Aramco's refining unit, Luberef, saw a 5.8% increase in revenue in 2024, reaching $2.7 billion, but its profit dropped sharply Saudi…
The IEA says global electricity use will grow by 4% each year, and by 3% in the Middle East, from 2025 to…
Abu Dhabi's TAQA says its profit dropped 56% in 2024 to $2 billion TAQA, the Abu Dhabi National Energy Company, said its…
Oil Goes Up After Saudi Increases Prices for March Delivery Oil prices edged higher on Tuesday, as market participants reacted to Saudi…
For June, 2024