Lead contractor SEPCO selects Honeywell’s software-based control, power management, telecommunications, fire and gas safety and security technologies for the King Salman International Complex for Maritime Industries and Services
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Oil rises on US storage draw and stimulus hopes, OPEC+ forecasts
Oil prices rose on Wednesday as traders priced in crude inventory draws in the US, a Democrat push for a stimulus package in the US, and OPEC+ forecasts for supply deficits this year.
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Little prospect of post-COVID-19 rebound for BP’s oil and gas investments, says GlobalData
GlobalData responds to BP’s Q4 2020 financial results
BP reports first full-year loss in 10 years
The company posted a net loss of $5.7 billion amid low oil prices and market turbulence
Oil rises on demand optimism and OPEC+ meeting
Oil prices are rising today on market optimism that oil demand will recover during 2021 and on anticipation of some positive notes from the day’s OPEC+ JTC meeting. The beginning of Saudi Arabia’s deeper output cuts are also assisting the oil price rise
Abu Dhabi Pension Fund, ADNOC sign $900 million strategic real estate investment partnership
ADPF will acquire a 31% holding in Abu Dhabi Energy Real Estate Company – Sole Proprietorship
Edge LNG expands US footprint with new Permian facility
Located in the heart of the Permian, the 10,000 sq. ft. facility allows Edge LNG access to all major transport links which is vital in the transportation of LNG through its virtual pipeline