News

According to the ministry's report, PSO continues to face circular debt challenges, with receivables reaching Rs467 billion, ...
Freight rates for Russian Urals crude from Baltic ports to India have dipped again in July, falling to $5.0–$5.3 million per Aframax shipment—down from $5.5–$5.7 million in June—as more tankers become ...
Discover why crypto millionaires are relocating to the UAE in 2025. From zero taxes to cutting-edge hubs, these five policies ...
UAE eyes top 5 oil producer status, plans capacity boost by 2027 amid shifting OPEC+ dynamics.. UAE Signals Potential Oil ...
ADNOC Gas inks $400M LNG deal with Europe's SEFE, delivering 0.7M tonnes, strengthening UAE-Europe ties.. Germany’s SEFE ...
As the 900-mile-long East African Crude Oil Pipeline (EACOP) project takes shape in Uganda, led by French energy giant Total and Chinese partners. The project promises economic benefits but threatens ...
India and the UAE are connecting their digital payment systems, UPI and AANI, to make cross-border payments faster, cheaper, and easier. This move benefits millions of Indian residents and visitors in ...
State-owned SEFE, or Securing Energy For Europe, is seeking long-term supply deals after losing most of its Russian pipeline gas imports in 2022, following Russia's invasion of Ukraine ...
Arabian Gulf Business Insight on MSN4d
Kuwait’s CGCC wins $186m UAE road upgrade deal
The UAE has awarded a road development contract worth approximately AED685 million ($186 million) to Kuwait’s Combined Group Contracting Company (CGCC). The Emirati Energy and Infrastructure Ministry ...
Adnoc is expanding the capacity of some of its largest offshore oilfields as part of its P5 programme, which aims to ramp up ...