Oil stockpiles of Fujairah recorded a four-week slide while heavy distillates rebounded, making up for a string of declines in middle distillates and a drop in light distillates for the lowest in six weeks, S&P Gl...
Masdar Company announced that Abu Dhabi National Energy Company (TAQA) intends to support the global platform for accelerating sustainable development as ADSW’s Energy Sector Partner, according to WAM. TAQA will suppo...
Penspen Company announced that it has won a detailed engineering project from Target Engineering Construction Company in Abu Dhabi, starting from December 2020, according to a press release. Per the statement, Penspen...
Sharjah National Oil Corporation (SNOC) has announced that it started a new gas storage project. This came after conducting a small-scale pilot phase using existing infrastructure that has been running since 2017, ac...
ENOC group announced that it has opened a new service station in Umm Al Quwain to supply fuel for vehicles crossing Sheikh Mohammed bin Zayed Road from the Northern Emirates to Dubai and Abu Dhabi, according to a pres...
Sharjah National Oil Corporation (SNOC), and Eni company have announced the production start-up of Mahani field through Mahani-1 gas well in Sharjah Area B, WAM reported. The well was completed in eight months and it ...
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...
The Fujairah Port will get a fourth refinery in 2021 as Brooge Energy expects its 25,000 barrels per day (bbl/d) refinery producing low sulfur fuel oil to be launched in H2 2021, according to S&P Global. The port&...
Shelf Drilling signed an agreement with Abu Dhabi National Oil Company’s (ADNOC) subsidiary, ADNOC Drilling, to sell the Shelf Drilling Journey jack-up drilling rig for $77.6 million. The Shelf Drilling Journey rig i...
Eni acquired a 70% stake in the exploration offshore block 3 in Abu Dhabi where Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) acquired the remaining 30% stake. Block 3 covers an area of 11,6...