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The Omani government, along with many state-owned enterprises (SOEs), is continuing to deleverage its balance sheet
Dr. Al Jaber said the UAE Consensus provides a vital roadmap for action at the ‘Roadmap to Mission 1.5: NDC 3.0’ event
The non-oil sector is expected to grow by 4.6 percent year-on-year in 2024
Deal-making in the region remained active, with 214 transactions recorded in H1 2024
The LNG will primarily be sourced from ADNOC's Ruwais LNG project
Saipem will be responsible for the EPCI three production deck modules, 33 km of subsea pipelines, and 34 km of power cables
The company eyes more offshore concessions in Turkmeinistan
The well was drilled to a depth of 270 feet into the Paleozoic sands
If every new car sold in the world in 2035 were electric, oil demand in 2050 would still be 85 million barrels per day
The country is reviving ambitions to become regional LNG hub after clearing petroleum sector arrears
Brent crude futures, expiring in October, fell 0.1 percent to $80.94 a barrel
The report expects robust demand in Western economies, especially the US, which consumes one-third of global gasoline
