The company accelerated delivering on its growth strategy throughout the first half of the year, with the opening of 12 new stations in the UAE
Author Archives: Faiza Rizvi
Posted inEnergy Transition
Masdar signs agreement with Tanzanian company to develop 2GW renewable energy capacity
Masdar is aiming to reach a capacity of at least 100 gigawatts by 2030 after growing its portfolio by 40% last year
Posted inExploration & Production
Energy roundup: Top 5 Trends of the global energy market
Amid fluctuating demand-supply outlooks and recession concerns, here are editor’s top picks of what’s trending in the energy market
Posted inDRILLING & PRODUCTION
ADNOC Drilling awarded over $3.4 billion in contracts to boost offshore production capacity
Over 80% of the contract value will flow back into the UAE’s economy under ADNOC’s In-Country Value program
Posted inEPC Contracts
Petrofac, GCB win $300 million EPC contract in Algeria
Once completed, the project will ramp up gas production and remove CO2 from the field’s gas reserves
Posted inNews
Saudi Aramco, Sinopec sign agreement to collaborate on projects Â
Scope of agreement includes cooperation across upstream and downstream businesses, engineering and construction, oilfield services, carbon capture and hydrogen
Posted inNews
OPEC+ pledges to increase September output by 100,000 barrels per day
For July and August, OPEC and its allies had pledged to add more than 600,000 barrels a day to the market
Posted inEarnings, DRILLING & PRODUCTION
Big Oil, US shale companies report bumper second-quarter profits
Soaring energy prices and strong demand recovery has boosted Big Oil’s profits, which have exceeded estimates