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The sovereign wealth fund manages about $320bn in assets on behalf of the Saudi state
The acquisition of new vessels raises the company's bulk cargo tonnage capacity by 214,000 tonnes
Implementation of digital tools such as a real time data monitoring centre have driven reductions in overheads
The two companies will also explore opportunities in carbon capture utilisation and storage
The company sold its Egyptian assets in October ahead of the $309m payment it owed on its sukuk.
Overall oil demand for this year is expected to average 90m bpd
The company signed a long-term agreement with Total for the sale of 0.76m tonnes of LNG in 2021 and 2022
The rally in crude prices comes amid higher supply from Libya
The agency expects global energy investment to fall by 20 per cent in 2020
The companies aim to produce 1 billion cubic feet of gas from the concession before 2030
The tie-up between the state oil company and industrial holding company will be called Ta’ziz
Sirius Energy will allow companies with high power demands to hire solar assets
The alliance has to contend with the return of output from Libya, and possibly Iran and Venezuela under Joe Biden
The new US administration needs to battle Covid-19 and mend its economy but environmental policy changes are in the pipeline
Abu Dhabi oil company intends to lower its carbon footprint by 25% over the next 10 years
