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- Islamic finance assets set to hit USD 9.6 trillion by 2030 as sector shifts into ‘connector’ role
- SpaceX, Tesla to invest USD 16.8 billion in Terafab project amid merger rumours
- DP World expands UK logistics network with GXO grocery warehouse takeover
- EasyJet accepts Apollo Global’s 5.7 billion pound offer as Castlelake exits the race
BP divestment: Kuwait-backed consortium in race to acquire energy giant’s solar unit
Private equity firm Qualitas Energy and Wren House, the infrastructure arm of Kuwait Investment Authority, have teamed up to acquire...
Iran war: US backs Iraq-Syria pipeline revival to reduce Hormuz oil risk
The restoration of the 800km pipeline has emerged as a strategic priority after the Iran conflict exposed the vulnerability of...
ExxonMobil announces major investments in Nigeria and Cyprus offshore projects
ExxonMobil will be returning to drilling operations in Nigeria after nearly a decade, with its last campaign in the African...
Kuwait’s oil output, trade rebound as US-Iran deal eases Gulf tensions
Kuwait's crude oil production rose sharply to 1.65 million bpd in June from May's ratio of 580,000 bpd, with the...
Boost for Iranian oil industry as US issues sweeping rollback of sanctions
The 60-day waiver, known as "General License X", has permitted Iran to produce, sell and transport crude oil and energy...