ADNOC Distribution has agreed to fully acquire Shell Downstream South Africa (SDSA) from Shell South Africa Holdings at an implied enterprise value of approximately $1bn, or AED3.67bn. The transaction ...
Harish Muhammed Bashir shares how investing in capability has shaped Astra’s rise into an integrated engineering and industrial solutions provider with regional and global ambitions. COVER STORY | ...
ePointZero has closed its $2.25bn acquisition of Traverse Midstream Partners, marking the Abu Dhabi-backed platform’s first move into US natural gas infrastructure. The all-cash transaction gives ...
Oil markets surged after UAE tankers were hit and Washington reinstated restrictions on Iranian ports. Oil tops $85 as Hormuz ...
Iran has hardened its position on the Strait of Hormuz, signalling that the waterway will reopen only under what it describes as “Iranian arrangements” as renewed military confrontation deepens ...
DP World is planning to build a new port and container terminal on the UAE’s east coast in a move that could reduce Dubai’s dependence on Jebel Ali and bypass the Strait of Hormuz. According to a ...
The Awards will celebrate the companies, projects and people delivering exceptional impact across the Kingdom’s energy sector ...
New agreements spanning LNG, wireline services and offshore development are strengthening energy ties across Japan, India and ...
Worley’s Aramco agreement will support major energy, chemicals and resources projects in Saudi Arabia. Worley secures ...
ADNOC expects 1,600 stations by 2027 as AI, restaurants and cost savings support growth. ADNOC Distribution eyes Africa and ...
Saudi Basic Industries Corporation (SABIC) is expected to report a net loss of SAR308m, or $81.92m, for the second quarter of 2026, according to the news report. The forecast marks a significant ...
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