Energy

Energy, Qatar
Qatar’s Al Mansour Holding Signs $20B Deal with Mozambique, Expands in Africa

Qatar’s Al Mansour Holding Signs $20B Deal with Mozambique, Expands in Africa Qatari company Al Mansour Holding has signed a $20 billion…

Dubai, Energy
Dubai’s Sidara Lowers Takeover Offer for UK’s Wood Group

Dubai’s Sidara Lowers Takeover Offer for UK’s Wood Group Dubai-based company Sidara has reduced its takeover offer for the struggling UK oilfield…

Business, Economy, Energy, Jordan
Jordan and Russia Talk About Stronger Economic Ties in Moscow

Jordan and Russia Talk About Stronger Economic Ties in Moscow Jordan’s Foreign Minister Ayman Safadi met with Russian Foreign Minister Sergey Lavrov…

Energy, UAE
Inside NMDC Group’s Growth Beyond the UAE

Inside NMDC Group’s Growth Beyond the UAE NMDC Group, founded in 1976 in the UAE, has grown into a leading company in…

Energy, Saudi Arabia
Saudi Electricity Company Profit Jumps 22% in Q2 as Power Demand Rises

Saudi Electricity Company Profit Jumps 22% in Q2 as Power Demand Rises Saudi Electricity Company (SEC) said its second-quarter net profit rose…

Energy, Kuwait
Kuwait Signs $3.27 Billion Deal to Expand Al-Zour Power Plant

Kuwait Signs $3.27 Billion Deal to Expand Al-Zour Power Plant Kuwait’s Authority for Partnership Projects (KAPP) announced on Sunday that it has…

Energy, UAE
ADNOC Gas Reports Record $1.4 Billion Profit in Q2 Thanks to Strong Local Demand

ADNOC Gas Reports Record $1.4 Billion Profit in Q2 Thanks to Strong Local Demand ADNOC Gas made a record profit of $1.4…

Energy, Saudi Arabia
Luberef, Aramco’s Base Oil Unit, Sees 18% Profit Drop in First Half of 2025

Luberef, Aramco’s Base Oil Unit, Sees 18% Profit Drop in First Half of 2025 Luberef, a base oil company owned by Saudi…

Abu Dhabi, Energy
Borouge’s Q2 Profit Drops 37% to $193 Million

Borouge's Q2 Profit Drops 37% to $193 Million Abu Dhabi-based petrochemical company Borouge reported a 37.2% drop in its second-quarter profit, earning…