Acwa Power has signed Memorandums of Understanding (MoUs) worth 500 million with US companies building on its existing partnerships with American firms. These agreements signed at the Saudi-US Investment...

Abu Dhabi Department of Energy (DoE) has issued a new decision regulating works related to gas supply in buildings. The regulation sets forth the mandatory requirements and controls for overseeing all...

Wilo the multinational technology group and Abu Dhabi Future Energy Company Masdar the UAE s clean energy leader have entered into a cooperation agreement underlining the importance of efficiency technology...

Shell Lubricants held its Technology Leadership Conference in Dubai marking the first time the event was held in the UAE. The conference attracted 250 senior industry leaders from 16 Middle Eastern Egypt...

Adnoc Drilling has reported strong financial results for the first quarter of 2025 demonstrating its financial resilience and laying the foundation for another year of growth and success. Key first-quarter...

Adnoc Distribution the UAE s largest fuel and convenience retailer reported a record Q1 EBITDA and fuel volumes that drove double-digit year-on-year (y-o-y) earnings growth. For the first three months...

SABIC a global leader in chemicals reported a net loss of SAR1.2 billion ( 320 million) for the first quarter of 2025 representing a 36% improvement compared to a net loss of SAR1.9 billion in the previous...

TotalEnergies and OQ Exploration and Production on Thursday celebrated the ground-breaking of the Marsa LNG plant in the port of Sohar northern Oman. This comes one year after the final investment decision...

Adnoc Gas has been admitted to the MSCI Emerging Markets Index marking a significant milestone in the company s global investment profile. The inclusion effective on June 2 2025 will increase the company...

Emirates Petroleum (Emarat) and Oman Transport have signed a contract to strengthen their partnership in the UAE s oil and gas industry. Oman Transport will invest in environmentally friendly fuel-efficient...

Adnoc Logistics and Services (Adnoc L&S) a global energy maritime logistics company reported a 41% year-on-year increase in Q1 revenue to 1 181 million while EBITDA rose by 20% to 344 million. The company...

Acwa Power has reported an 117% increase in operating income for the first quarter ended March 31 2025 reaching SAR 870 million ( 231 million). This was primarily due to higher development business and...

Dana Gas reported a net profit of AED 158 million ( 43 million) for Q1 2025 a 13% increase compared to AED 140 million ( 38 million) in the same period last year despite lower oil prices. The increase...

Adnoc Drilling Company has been awarded a contract for three island rigs by Adnoc Offshore for an estimated total contract value of 806 million to support expanding operations at the offshore Zakum development...

An independent consultant has been formally appointed to lead the investigation into a tragic incident at the Bapco Refining complex on May 2. The incident which involved process safety equipment resulted...

NMDC Group a leading engineering procurement construction and marine dredging company reported a 22% year-on-year increase in net profit for Q1 2025 from AED 641 million ( 174 million) in Q1 2024 to AED...