Breaking News

oil and gas

OCI confirms potential Abu Dhabi listing for fertilizer JV with ADNOC

May 6, 2021

DUBA- Fertiglobe, a fertilizer joint venture between chemical producer OCI and Abu Dhabi National Oil Company (ADNOC), has started preparing for......

Continue Reading >

Noor Abu Dhabi solar plant completes second year of commercial operation

May 4, 2021

The UAE's massive 1.2 gigawatt Noor Abu Dhabi solar power plant has completed two years of commercial operation. The project, which has more......

Continue Reading >

TAQA completes $1.5 billion 7-year and 30-year dual-tranche bond offering

May 3, 2021

ABU DHABI, 2nd May, 2021 (WAM) -- Abu Dhabi National Energy Company (TAQA) on Sunday announced the successful placement of an aggregate US$1.5 billion......

Continue Reading >

SEWGA connects gas to 189 projects, extends lines in 9 areas

May 2, 2021

SHARJAH, 1st May, 2021 (WAM) -- The Sharjah Electricity, Water and Gas Authority (SEWGA) intensified its efforts during the first quarter of this......

Continue Reading >

Dana Gas says IPR Wastani Petroleum seeks arbitration over cancelled Egypt deal-UAE

April 29, 2021

DUBAI - Dana Gas said on Wednesday that IPR Wastani Petroleum Ltd, a member of the IPR Energy Group, has requested arbitration after Dana Gas cancelled......

Continue Reading >

UAE's Mubadala in talks to buy $1.1bln stake in Israeli gas field

April 27, 2021

JERUSALEM - Delek Drilling said on Monday it has signed a non-binding deal to sell its stake in the east Mediterranean natural gas field Tamar to......

Continue Reading >

Dana Gas and Crescent Petroleum Resume Khor Mor Expansion Project

April 26, 2021

US$600m investment to increase production 57% within 2 years Production to grow from 440MMSCFD to 690MMSCFD by April 2023 Force Majeure lifted with......

Continue Reading >

Dana Gas terminates sale of Egyptian assets

April 26, 2021

Sharjah-based Dana Gas terminated a $236 million deal reached last October to sell its Egyptian assets to exploration and production company IPR......

Continue Reading >

ICE Announces That a Record 18,848 Murban Crude Oil Futures Contracts Traded on April 20

April 22, 2021

ABU DHABI, 21st April, 2021 (WAM) -- Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure,......

Continue Reading >

ENOC Group’s terminals operations further expands into Kingdom of Saudi Arabia

April 22, 2021

DUBAI, 21th April, 2021 (WAM) -- ENOC Group in partnership with Rotary Arabia, one of the premier EPC contractors in Saudi Arabia, completed the......

Continue Reading >