Tag: Energy
Acwa Power raises its stake in HEPC by partially acquiring Samsung...
The leading owner and operator of energy and desalinated water plants, ACWA Power has endorsed a share purchase agreement with Samsung C&T to obtain...
OPEC+ makes bold choice to prolong oil production cuts till the...
The Organization of the Petroleum Exporting Countries (OPEC) along with Russia and allies who are collectively referred to as OPEC+ have agreed to continue...
Malaysian Oil Corporation Petronas’ CEO Wan Zul leaves amid low demand
Malaysian state energy firm Petroliam Nasional Bhd (Petronas) is expected to have a new leader soon as current President and CEO Tan Sri Wan...
Energy and Environment are conjoined ecosystems; DoE Chairman
Mr. Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy (DoE) asserted that Energy and the environment are integrated ecosystems. Moreover,...
Oil and Gas veteran Total acquires 51% stake in UK Seagreen...
French oil and gas veteran organization company Total has acquired a 51 percent stock from utility SSE in the construction of a massive wind...
Qatar Petroleum signs deals worth $19 billion with top 3 Korean...
The world's largest supplier of LNG, Qatar Petroleum (QP) has signed contracts with South Korea’s top 3 shipyards to acquire more than 100 vessels...
Petroleum Development Oman turns to Solar with its own 100 MW...
Petroleum Development Oman (PDO) has started drawing power from the Gulf Arab its largest photovoltaic solar plant. The 100-megawatt AMIN facility, built partially by...
Advanced Global Investment Co grants technology contract to McDermott International
Advanced Global Investment Company, a wholly-owned subsidiary of Advanced Petrochemical Co. (APC) of Saudi Arabia has given a huge technology contract (estimated between $1 million...