Energy

Can Fujairah Be The Next Global Energy Trading Hub?

Saudi’s TAQA Expands In MENA After Buying Schlumberger’s Drilling Business For

ADNOC Distribution Shares Rise 8% On Record Dividends

Fitch’s Latest Report Sheds Light On Saudi Aramco – The World’s Most Profitable

EGA, Mubadala and Dubal Holding To Build $272M New Power Block

Consortium Led By ACWA Power Closes Financing Of Dubai Solar Park

Mubadala Petroleum Bags A New Contract in Indonesia

ADNOC Awards Onshore Exploration Block To Occidental Petroleum For $244M

Energy Now

1 week ago

Can Fujairah Be The Next Global Energy Trading Hub?

Global energy giants like Adnoc and Aramco have quietly started operations from Fujairah, taking advantage of its strategic location. 
3 weeks ago

Saudi’s TAQA Expands In MENA After Buying Schlumberger’s Drilling Business For $415M

TAQA has acquired operations of Schlumberger’s onshore drilling rigs business in four countries.
By Jamila Gandhi 3 min read
1 month ago

ADNOC Distribution Shares Rise 8% On Record Dividends

ADNOC Distribution traded 8% higher on Sunday. The rally comes after the company received shareholders’ approval last week to increase its dividend for the fiscal year 2019.
By Jason Lasardo 3 min read
1 month ago

Fitch’s Latest Report Sheds Light On Saudi Aramco – The World’s Most Profitable Company

Ahead of its $10 billion bond issue, Saudi Aramco has taken the spot of the world’s most profitable company.
By Jason Lasardo 5 min read
1 month ago

EGA, Mubadala and Dubal Holding To Build $272M New Power Block

Mubadala and Dubal Holding have formed a joint venture to develop a new power facility. EGA intends to buy the facility’s output for 25 years following commissioning.
By Amany Zaher 3 min read
2 months ago

Consortium Led By ACWA Power Closes Financing Of Dubai Solar Park

Dubai Electricity and Water Authority (DEWA), along with a consortium led by Saudi Arabia’s ACWA Power and Chinese state-owned Silk Road Fund, have reached the financial closing of the 950MW 4th...
By Nermeen Abbas 6 min read
3 months ago

Mubadala Petroleum Bags A New Contract in Indonesia

The company is currently the largest net acreage holder in the area, securing the core of the North Sumatra basin for future exploration growth.
By Nermeen Abbas 3 min read
3 months ago

ADNOC Awards Onshore Exploration Block To Occidental Petroleum For $244M

Onshore Block 3, located in the Al Dhafra region, is one of the first onshore block to be awarded among the geographical areas that were offered for commercial bidding by ADNOC.
By Mary Sophia 4 min read