Tag: Energy
UAE improves its ranking in 2020 Energy Transition Index
According to the latest edition of World Economic Forum’s (WEFs) Fostering Effective Energy Transition 2020 report, The UAE has made notable strides in both...
China’s Silk Road Fund declares completion of 49% stake Acquisition from...
Leading developer, Owner, and Operator of Power Generation and Water Desalination plants has announced the completion of the transaction to introduce China's Silk Road...
ARAMCO – RIL agreement still intact
Earlier, India's Reliance Industries (RIL) had agreed with Saudi Aramco to sell a 20 percent stake in the company.
In a statement, RIL said that...
APICORP declares $500 million support package to member countries to recover...
MENA's multilateral development financial institution, Arab Petroleum Investments Corporation (APICORP) has started a $500 million countercyclical aid package to support its Member Countries and...
Exxon Mobil Corp and Chevron Corp are cutting down on their...
US-based Exxon Mobil Corp and Chevron Corp decreasing shale oil production in the Permian shale basin following recent reports of reduced investments in the...
ADNOC and ADPower to partner on Abu Dhabi Mega Project
The Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi Power Corporation (ADPower) have issued a joint tender to develop and operate the first...
