oilandgas
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Energy
BP to invest $270 million at Cherry Point Refinery
The oil and gas company BP has announced to invest $270 million at Cherry Point Refinery to improve efficiency, reduce…
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UAE to invest $160 billion to to achieve net zero carbon emissions by 2050
The United Arab Emirates ( UAE ) has become the first country in Gulf region to invest more than $160…
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Saudi Aramco announces 288% increase in Q2 profits
The Saudi Arabian oil giant Aramco has announced a 288% increase in Q2 profits from the same quarter of last…
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Saudi Aramco closes $12.4 billion deal with global investor consortium
The oil giant Aramco closes $12.4 billion deal with global investor consortium which includes EIG and Mubadala. In the purchase…
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South Korean GS Caltex purchases carbon neutral crude oil from Lundin Energy
The South Korean GS Caltex makes its first carbon neutral crude oil purchase frrom Lundin Energy. GS Caltex has announced…
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Energy
Petronas grants Limbayong Deepwater EPCIC Contract to TechnipFMC
The Oil Giant Petronas Carigali Sdn Bhd has granted its Deepwater EPCIC Contract to FMC Wellhead Equipment Sdn Bhd, a…
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Energy
BP announces gas production from third stage of WND in Egypt
The British multinational oil and gas company BP plc has announced gas production from third stage of West Nile Delta…
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Energy
Petronas and ADNOC teams up to explore oil and gas opportunities in Abu Dhabi
The Malaysian oil company Petroliam Nasional Bhd ( Petronas ) and Abu Dhabi National Oil Company (ADNOC) has signed a…
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Saudi Aramco plans $10 billion loan for pipeline business buyers
The Saudi Arabian public petroleum and natural gas company Saudi Aramco plans for a finance package up to $10 billion…
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