Arab oil exporting country’s economies to shrink by 4.75% in 2020
The diversified economies in the region to shrink by 2%...
Tag : energy
Adnoc searches for potential opportunities in India’s lubricant market
The oil giant is planning to increase its footprint in the global market...
Petrofac to reduce its direct and indirect emissions to net zero by 2030
According to its CEO, its Our Net Zero target supports the principles of the Paris Agreement...
Royal Dutch Shell to buy 50% stake in Nayara Energy’s petro project
The deal is expected to cost Shell around $9 bn...
Aramco to go ahead with plans to boost output capacity to 13 mn bpd: CEO
Aramco will go ahead with the plan despite a significant cut in capital expenditure...
SABIC to develop world’s first renewable energy powered chemical plant
The plant will be built in Cartegena, Spain...
China-based Newlink secures $124 mn funding for cloud business
The funding round was led by China International Capital Corporation’s private equity arm CICC Capital...
UK’s United Green forays into Australian energy market
The investment firm has acquired a 50 percent stake in Rodds Bay Solar Farm...
ArcelorMittal seeks to build six solar projects in South Africa
The solar projects will be built in Vanderbijlpark, Newcastle, Vereeniging, Pretoria, Thabazimbi, and Saldanha...
EPRA revokes Swift Energy Distributors licence for disregarding laws
The licence was revoked for storage and filling of LPG cylinders...