Tag: Energy
Saudi Aramco pulls out of Chinese JV citing CAPEX reduction
One of the largest companies in the world by revenue, Saudi Aramco has pulled out from a potential joint venture investment to develop a...
Qatar Petroleum expands to Angola with Block 48 ownership
Qatar's state-owned petroleum company, Qatar Petroleum has entered into a farm-in agreement with Sonangol, the national oil company of Angola, and Total to acquire...
Tesla & Qatar collaborate on battery solution for Power Grids
The global electric carmaker and battery technology giant Tesla Inc worked closely with Qatar's General Electricity and Water Corporation (Kahramaa) and Al Attiyah Group...
Saudi Aramco weighs spending cut as dividend commitment looms
World's largest crude oil exporter, Saudi Aramco is reportedly planning to cut its capital spending (CAPEX) somewhere between $20 billion to $25 billion this...
Abu Dhabi’s ADNOC seeks local investors for its pipeline network
According to sources, Abu Dhabi is considering getting local investors into its $21 billion natural gas pipeline network, just months after raising cash from...
ARAMCO – Reliance deal not dead; CEO
The world's biggest exporter of crude oil, Saudi Aramco is still working on a deal to buy a $15 billion stake in the refining...
Enormous support to UAE sustainability offered by DEWA customers
Dubai Electricity and Water Authority (DEWA), has revealed that more than 400,000 residential customers had enrolled in its ‘My Sustainable Living Programme’ by the...
TAQA eyes foreign investments for large scale projects
Abu Dhabi National Energy Company (TAQA) will advance the UAE's aim of improving the renewable energy in the country and "selectively seek" investment opportunities...
