Oil workers employed by China National Petroleum Corp and Sinopec have fled Sudan amid continued armed conflict in the African country. As of early May, the two state-owned giants have evacuated 189 workers by air or sea — 114 employed by CNPC and 75 by Sinopec, according to an Upstream report. China has deployed its […]
Author Archives: Faiza Rizvi
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ADNOC, Baker Hughes sign deal for green tech solutions
ADNOC and Baker Hughes signed today an agreement to accelerate the development and commercialisation of technology solutions for green and low-carbon hydrogen, as well as graphene. The agreement, which follows a strategic technology collaboration agreement signed between the two companies in November 2022, will see ADNOC collaborate with Baker Hughes as a strategic partner to […]
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Jordan awards contract for $2.64 billion refinery expansion project
Jordan Petroleum Refinery Co has awarded a project to increase its production to face growing domestic demand, Zawya Projects reported, citing the CEO of the company. Jordan’s only refinery, which is based in Zarqa roughly 35km east of the capital city Amman, will launch the fourth expansion project in its 65-year history after it secures funding, […]
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Italian oil major Eni faces lawsuit for ‘lobbying and greenwashing’
Eni is facing a climate lawsuit with environmental groups alleging the company used “lobbying and greenwashing” to push for more fossil fuels despite having knowledge of its risks since 1970. The environmental group Greenpeace Italy and fellow green campaigner ReCommon filed the suit along with 12 citizens from areas of Italy severely affected by extreme […]
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Aramco’s Hawiyah gas expansion project to begin operations this year
Saudi Aramco has advanced multiple gas projects during the quarter in line with its strategic priority to meet the growing domestic gas demand. Aramco’s Hawiyah Gas Plant expansion, which is part of the Haradh gas increment program, has progressed with its commissioning activities and is expected to begin operations this year, Aramco noted in its […]
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Kuwait suspends work and visit visas for Filipino expats
Kuwait has suspended all types of work and entry visas for Filipinos after the Asian country allegedly violated a bilateral labor agreement with the state, Kuwait Times reported, citing interior ministry sources. The suspension of visas was ordered by Interior Minister Sheikh Talal Al-Khaled Al-Sabah “because Philippines has not complied with the provisions of the […]
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ADNOC drills first well for historic CO2 injection project
ADNOC has spudded the first well on the world’s first fully sequestered CO2 injection well as part of its $15 billion plan to decarbonise operations, the company announced in LinkedIn post. Originally announced earlier this year during the Abu Dhabi Sustainability Week, the project is expected to become operational in the second half of this […]
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UAE reveals upcoming holidays for private sector
UAE public and private sector employees can expect a few holidays this year on account of various occasions including Eid Al Adha, Islamic New Year and National Day. Here are the upcoming public holidays scheduled for 2023. Eid Al Adha is predicted to fall in the month of June with a three-day expected holiday on June […]
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Saudi Aramco’s first-quarter profits drop to $32 billion on lower crude prices
Saudi oil giant Aramco reported a first-quarter net profit of $31.88 billion, plummeting by 19% compared to the same period last year. Aramco said the drop was mainly driven by lower crude prices, although partially offset by lower taxes and Zakat and a rise in finance and other income. Commenting on the results, Aramco President and CEO […]
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US eyes major railway project to link UAE, Saudi Arabia and India
US National Security Advisor Jake Sullivan recently met with heads of UAE, Saudi Arabia and India in Riyadh, lending credence to a report that the three Asian countries are getting together to create a major railway network, Arabian Business reported. American news website Axios, on Friday reported that the US is discussing plans for the railway network, […]
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