Jennifer Gnana

Negotiations at early stage, with no certainty deal will proceed

Divestment comes as weak pricing and excess capacity weigh on global petrochemicals

UAE, Iraq, Kazakhstan and Oman pledge combined reduction of 829,000 bpd by end of Q2

Any recovery would reshape heavy-sour crude flows, favouring US refiners while squeezing Asia, Kpler says

Future gas supplies would replace fuel oil at Lebanon’s 465MW Deir Ammar power plant

First output from the development is expected before the end of the decade

Engineering firm has invested about $30 million across the UAE and Saudi Arabia since 2019

Al Shara government has restored SWIFT access, is courting foreign investors and is working to revive pound

Chief executive dismisses industry projections of an impending global glut

Refiners expected to boost imports to 1.8 million barrels per day by January, analysts say

Agreements come after Syrian President Ahmad Al Shara's visit to the White House last week

Current forecast closer to Opec's view on long-term growth of demand

Tech-focused investment company has made four acquisitions in energy services companies over 23 months

Company to implement AI training and use robots in Adnoc’s gas operations

Dr Sultan Al Jaber warns the world cannot run 'tomorrow's economy on yesterday's grid'