Oil&gas

BP Names Albert Manifold Chairman Amid Strategy Modification

BP, the British oil and gas giant, appoints Albert Manifold as chairman, signalling a major leadership shift amid its ongoing strategic revamp and energy plans

Oil1 month agoby Tilottama Banerjee 241

ADNOC Announces Transfer of 24.9% OMV Stake to XRG Unit

ADNOC announces the transfer of its 24.9% shareholding in OMV to XRG, aligning with its global growth strategy and international portfolio consolidation plans

Oil2 months agoby Tilottama Banerjee 228

OPEC+ to Boost Oil Production by 548,000 BPD in August

OPEC+ plans to increase oil production by 548,000 barrels per day in August, aiming to stabilize global energy markets and meet rising demand amid economic recovery

Oil2 months agoby Tilottama Banerjee 237

Kuwait to Host Key Oil & Gas Conferences: Digital Transformation

Kuwait’s Ministry of Oil will host key regional conferences focusing on digital transformation, asset integrity, and process safety, spotlighting innovation & safety

Oil3 months agoby Tilottama Banerjee 273

UK Oil and Gas Firms Face Hidden Risks in Net Zero Transition

UK oil and gas firms face hidden risks in net-zero transition, including regulatory pressure, stranded assets and investor scrutiny, threatening long-term stability.

Oil3 months agoby Tilottama Banerjee 307

The Role of Innovation in Enhancing Oil Production Efficiency

Discover how technological innovations are revolutionizing oil production efficiency. Explore the advancements in extraction and refining in the energy sector.

Oil4 months agoby Tilottama Banerjee 265

UAE's Horizon: Top 7 Oil Exploration Projects to Watch in the Next Decade

Discover the ME’s top 7 oil exploration projects set to shape the next decade. Explore key developments, investment insights, and future energy trends.

Oil6 months agoby Tilottama Banerjee 2925

Mercantile & Maritime Group Launches Middle East's Largest Biofuel Facility

Mercantile & Maritime Group unveils the Middle East’s largest biofuel facility in the UAE, a groundbreaking AED 2.2 billion investment propelling the energy goals.

Oil10 months agoby Tilottama Banerjee 484

ADNOC Distribution Achieves Record-High Fuel Sales and EBITDA in Q3 2024

ADNOC Distribution achieves record fuel volumes & EBITDA in the first nine months of 2024, showcasing strong growth and operational excellence in fuel distribution.

Oil10 months agoby Tilottama Banerjee 537

PTT Oil Retail Achieves Top-Tier AA+ TRIS Rating

PTT Oil and Retail Business Public Company Limited secures AA+ TRIS Rating, showcasing its robust financial stability and creditworthiness reinforcing position.

Oil1 year agoby Tilottama Banerjee 813