Articles
Oil rises on hopes of US-China trade pact
US President Donald Trump said the two sides were in the "final throes" of reaching an agreement
Aramco IPO retail subscriptions reach $7.2bn
Subscription for the retail tranche of the offering closes on Thursday
Borealis looks to globalise by pursuing deals in India and Europe
Austrian chemicals player seeks to invest in world's first green chemicals plant with Adnoc, BASF and India's Adani
Saudi Arabia adds first solar power plant to grid
The 300MW photovoltaic plant is part of an ambitious strategy to add 27.3GW to grid by 2024
Retail subscription for Aramco share sale reaches $5.8bn
Saudi Aramco is offering a 1.5 per cent stake to retail and institutional investors in the kingdom
Jordan awards Siemens subsidiary contract for 80MW wind station
The resource-strapped kingdom is incorporating more renewables to grid as it looks to slash its energy import bill in line with IMF-mandated reforms
Adnoc's logistics arm expects fleet capacity addition from set-up of new trading unit
The company expects to finalise a joint venture with China's Wanhua Chemical before year-end
Abu Dhabi receives bids for planned 2GW solar scheme
The scheme will more than double the emirate's current solar capacity upon completion
Jordan's fiscal consolidation efforts support its credit profile, says Moody's
The kingdom's economy is expected to expand at an average rate of 2.4% until 2022
Germany's Wintershall Dea could float up to 30% of its shares next year
The upstream player says it has no plans to exit Libya where production has been affected by political unrest
Adnoc awards Dh1.8bn contract to upgrade capacity at giant onshore field
The upgrade will sustain long-term production from the field, which produces Murban crude
Dana Gas looks to boost investments in Iraq as it sells Egyptian assets
The company reported lower quarterly profits after writing down value of 'unviable' Merak-1 well in Egypt
Adnoc invests Dh350m in rigs acquisition to boost production capacity
The inclusion of four new rigs takes the value of UAE-built rigs in Adnoc Drilling fleet to more than Dh7bn
Oxy keen on Middle East growth despite budget cuts
The biggest player in the Permian is eyeing low cost barrels in the Middle East
Opec chief says US-China deal could remove 'dark cloud' over oil markets
Mohammed Barkindo says talk of the Opec+ group deepening production cuts is 'immature'
