Four Oil Giants Halt Legal Action Against Nigeria’s NNPC

• Thursday, 25th August 2022
• by Israa Ibrahim

Four major oil giants, ExxonMobil, Shell, Chevron, and Equinor, have agreed to end their lawsuits that collectively attempted to enforce multibillion dollar arbitration awards against a Nigerian state-owned oil compan...

IndianOil, Larsen & Toubro, ReNew to Form JV to Develop Green Hydrogen Projects

• Tuesday, 5th April 2022
• by Fatma Ahmed

IndianOil announced that it has signed binding term sheet with Larsen & Toubro and ReNew to form of a joint venture (JV) company for developing green hydrogen projects in India. According to the statement, the thr...

ADNOC Acquires 15 Service Stations in Saudi Arabia

• Sunday, 3rd January 2021
• by Fatma Ahmed

ADNOC Distribution announced that it has finalized an agreement to acquire 15 service stations in Saudi Arabia at a cost of $10 million, reaffirming its commitment to expand its businesses in the kingdom, according to...