OPEC signalled it was ready to step in should “geopolitical developments” impact supply
The plans to invest $45bn over the next five years to expand its refining and petrochemicals operations
Dana has in recent years been struggling to recover hundreds of millions of dollars in overdue payments
OPEC is set to meet in June to set oil policy together with non-OPEC producers participating in the supply cut deal
ADNOC wants to expand its downstream portfolio particularly in Asian markets where demand for oil is still growing
Brent crude could return to $100 a barrel next year, or even sooner, Bank of America said
The company is studying growth opportunities in the power and water sector, according to its chairman
Trump said on Tuesday that the United States was reimposing the “highest level of economic sanctions” on Iran
The wider development is set to generate 5,000MW of solar power by 2030
Global oil producers are vying to gain entry into India’s expanding refining sector
Inpex’s secured a 10 per cent interest in the Lower Zakum field in February for $600m
Saudi Arabia’s reserves of easily recoverable oil have long been the world’s largest
Abu Dhabi state fund Mubadala owns around 25 per cent of OMV
Lynn Laverty Elsenhans the former chairwoman, president and CEO of Sunoco Inc.
Siba began producing gas at an initial rate of 25 million cubic feet a day
Competition in the kingdom’s retail fuel market is heating up with a series of new entrants
ADNOC has decided to set up the trading business within its existing marketing department
The expansion is due to be completed by the fourth quarter of 2019
CEFC purchased the Abu Dhabi stake as part of a spree to expand its energy assets
The company previously announced a commitment to open at least one petrol station in Saudi Arabia
The kingdom is said to be pursuing higher prices to ensure a successful listing of oil giant Saudi Aramco
The firm’s calculations are based on a royalty regime outlined by Bloomberg
The firm was also found to have production costs well below the industry average
The project is the world’s biggest concentrated solar power plant
US shale oil output has been booming over the past year since OPEC reduced its own production
The plant will be one of the largest refining and petrochemical complexes in the world
The country intends to sign an agreement to buy a stake in an Indian refinery and petrochemical project in about one to two weeks
Successful bidders will have the opportunity to explore and then develop and produce blocs with ADNOC.
Kuwait Petroleum International and Oman Oil Company formed a 50/50 joint venture to develop the project in April 2017
The deal is intended to unlock new gas deposits for domestic consumption in North Sumatra