Saudi oil company named world’s most profitable business.
Saudi Arabia’s state oil company has emerged as the most profitable business in the world, racking up profits of $111.1bn
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Oil and Gas
Bilfinger Middle East wins three contracts from Adnoc in Q1 2019
The Abu Dhabi National Oil Company (Adnoc) has announced that it has awarded German construction company Bilfinger three separate projects
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Saudi Aramco eclipses Apple as world’s top-earning company.
Saudi Aramco, the world’s biggest oil producer, made core earnings of $224 billion last year, almost three times as much
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Kuwait Petroleum Corp ‘reassessing’ $500bn project investment plan.
Kuwait Petroleum Corporation (KPC) is reportedly “reassessing” its plan to invest $500bn (KWD151.9bn) in capital projects till 2024. KPC, both
Read moreAbu Dhabi’s ADNOC seals $5.8bn refining and trading deal with ENI, OMV.
Italy’s Eni and Austria’s OMV have agreed to pay a combined $5.8 billion to take a stake in Abu Dhabi
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Saudi energy minister visits Pakistan’s Gwadar oil refinery site.
Saudi Arabia’s Minister of Energy Khalid A Al-Falih on Saturday visited the port city of Gwadar to witness development work
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Oman Oil Company and Kuwait Petroleum agree $4.6bn project financing for Duqm refinery.
Oman Oil Company and Kuwait Petroleum International, two leading regional energy groups, have announced the signing of a $4.61 billion
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Fluor Joint Venture Achieves First Steam on Clean Fuels Mega project in Kuwait.
Fluor Corporation (NYSE: FLR) announced today that its joint venture team, FDH JV, has successfully generated first steam into Kuwait
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KPC signs contract to supply crude oil to Chinese oil refinery.
Kuwait Petroleum Corporation (KPC) recently signed a contract for the supply of crude oil to a Chinese oil refinery, reports
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Saudi Aramco IPO to go ahead by early 2021
Saudi Crown Prince Mohammed bin Salman said the flotation of Saudi Aramco would proceed by 2021, Bloomberg reported on Friday.
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Kuwait welcomes visit of Saudi Crown Prince.
Kuwait welcomes visit of Saudi Crown Prince
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Kuwait collaborates with Spanish firm for $184mln energy project.
The Government of Victoria announced today that Global Power Generation (GPG), the joint venture between Naturgy Energy Group, S.A. and the
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New terms to ‘govern’ Joint Saudi-Kuwait Khafji oil field.
New terms to ‘govern’ Joint Saudi-Kuwait Khafji oil field
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Kuwait says oil market approaching stability.
Kuwait says oil market approaching stability
Read moreUAE’s ADNOC to build world’s largest petrochem site worth $45bn.
The UAE’s Abu Dhabi National Oil Company (ADNOC) said it would create the world’s largest integrated refining and petrochemicals complex
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