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Aramco has also launched initiatives to enhance advanced digital solutions in its operations
The report indicates that Dubai attracted 10.62 million international visitors from January to July
Brent crude futures increased by 39 cents, or 0.6 percent, reaching $69.58 a barrel
The QC-Max vessels are the largest LNG carriers, each with a 271,000 cubic meter capacity
The LNG will primarily be sourced from ADNOC's Ruwais LNG project
Brent crude futures fell by 4 cents, or 0.06 percent, settling at $72.80 a barrel
Brent crude futures rose by 99 cents, or 1.39 percent, to $72.05 per barrel
Overall, OPEC+ is cutting output by 5.86 million barrels per day, about 5.7 percent of global demand
The company aims to address utility demands amid population growth
The plant now provides up to 25 percent of the UAE’s electricity, enough to power 16 million EVs annually
The net proceeds from this issuance will be utilized by ADNOC Group for general corporate purposes.
Brent crude futures for November rose by 15 cents, or 0.1 percent, to $72.85
ADNOC will acquire a 35 per cent equity stake in the facility that will be capable of producing up to 1 billion cubic feet daily of low-carbon hydrogen
In July 2024, Masdar successfully raised $1 billion through its green bond issuance under its Green Finance Framework
Consumer price inflation (CPI) rose 2.47 percent in August, driven by higher gas prices
Saipem will be responsible for the EPCI three production deck modules, 33 km of subsea pipelines, and 34 km of power cables
Brent Oil Futures fell by 4.9 percent, closing at $73.75 per barrel
Brent crude futures had fallen by 37 cents, or 0.48 percent, settling at $77.15 a barrel
The DIFC will host the inaugural Dubai AI & Web3 Festival on September 11-12 at Madinat Jumeirah
QatarEnergy plans to build a large urea production complex to boost global food and energy security
Borouge also reaffirmed its intention to pay a total of $1.3 billion dividend this year
Agreement facilitates the expansion of production rates through the resources of the 1,389 square km area
Arab oil made up 97.8 percent of Japan's imports, totaling 61.92 million barrels
Brent crude futures dropped by 61 cents, or 0.8 percent, settling at $76.32 a barrel
