Articles
Middle East's largest petrochemical company returns to profit in first quarter
Sabic registered a 24.3% increase in revenue during the first quarter
Iraq may import Egyptian gas through Syria
Syria is connected to Egypt through the Arab Gas pipeline, which stretches across 1,200km
Around 87% of global executives embrace ESG as core strategy, survey finds
Six in 10 executives hope to see financial benefits from their ESG investments over the next two years
Oil steadies as expected Opec+ supply stabilises the market
The alliance of producers maintained its current level of curbs on the back of 'continuing recovery in the global economy'
Opec+ stays on course over output increases despite rising cases in India
Oil demand growth is expected to be around 6 million bpd the technical committee said on Monday
BP and Reliance Industries start production from second phase of India's largest offshore project
The Krishna-Godavari field development will contribute towards meeting 15% of India's overall gas demand
Dana Gas and partners to resume capacity expansion of Kurdish gas field
The companies will invest $600m to add 250 million cf/d of gas production capacity
Mubadala Petroleum in preliminary talks for 22% stake in Israel's Tamar gas field
The non-binding memorandum of understanding is worth $1.1bn, according to Israeli company Delek Drilling
Exxon faces activist pressure as world governments agree to slash emissions further
Hedge fund Engine No 1 found that Exxon captured less than 1% of its emissions
Dana Gas terminates sale of Egyptian assets
Company is assessing the effect the cancellation will have on its finances
Saudi Arabia joins global oil producers to form 'net-zero forum'
The kingdom will adopt a circular carbon economy approach to help manage its emissions
Libya economy set for recovery in 2021 but faces continued challenges, World Bank says
The country faces 'fragmentation of state institutions' amid an ongoing conflict
UAE to include 10 new sectors under its commercial companies' law
Chemical, petrochemical, pharmaceutical, defence and heavy industries; the national food and healthcare security industries; and industries of the future are among those which will be included
Bahrain's GFH completes $123m sale of UK logistics asset
Roebuck Asset Management, British subsidiary of GFH, had acquired Accolade Park for $84m in 2017
Iata and World Tourism Organisation launch destination tracker to spur recovery of global tourism sector
The online tool will allow governments to update information on infection rates, positivity rates and vaccination roll-out data to help travellers
