Mubadala is a firm on the rise. That might sound strange given that it already has assets worth more than $120bn and is sustained by the billions Abu Dhabi earns from oil and gas but the investment powerhouse, run by Khaldoon Khalifa Al Mubarak, is becoming a serious player in the sector. This year it […]
Search results
Osama El Bakly
There have got to be worse times to take over as the Chairman of Egypt’s state-owned gas company, EGAS, than just before the largest gas field ever found in the Mediterranean Sea begins to come on stream. The Zohr gas field will have a massive impact on Egypt’s domestic needs and will cover a shortfall […]
Vagit Alekperov
When a firm’s CEO is the sixth richest person in Russia and the 74th richest in the world, you’d be entitled to think the company in question might pack a punch. Lukoil is one of Russia’s biggest outfits and a top ten global oil firm with daily production above 2mn bpd but its presence, like […]
Dr Patrick Allman-Ward
It’s been a mixed year for Dana’s Allman-Ward. The firm has endured a legal battle over the redemption of a $700mn sukuk, but it has enjoyed a windfall of hundreds of millions of dollars following an agreement between the Kurdistan Regional Government in Iraq and Dana’s parent firm Pearl Petroleum over activities carried out in […]
Abed Ezz El Regal
The Egyptian Oil Ministry had a clean sweep of its top-level hydrocarbon executives last year. Abed Ezz El-Regal, former deputy chairman at EGAS, has moved across to take the hot seat in the national oil company. Amid the clamour around the North African’s new gas reserves, it is easy to forget the country is also a […]
Igor Sechin
Keep an eye on Rosneft because there is every chance this oil and gas colossus has begun an inexorable climb up this power list. Rosneft’s tendrils stretch from Brazil to Indonesia but the Middle East has largely been ignored – until now. Sechin, a close ally of Vladimir Putin, has overseen the purchase of a […]
Dana receives $14.4mn from Pearl Petroleum in Q1
Sharjah based natural gas producer announces lump sum received due to sales in the Kurdistan Region of Iraq in first quarter.
Head-on crash kills 15 oil workers in Kuwait
It is believed the two buses that crashed into each other were transporting oil workers near the huge Burgan oilfield.
APICORP forecast: MENA region will make $1tn investment in energy sector over next 5 years
According to the MENA Energy Investment Outlook, around $345bn has been committed to projects under execution while an additional $574bn worth of development is planned.
Dana Gas turns around finances in 2017
UAE natural gas operator swings back into the black after $88mn loss in 2016.