UK-based flow control equipment specialist Oxford has begun commercial trials of its stemless control valve with the Abu ...

ADNOC Drilling is forging ahead with its global expansions plans with more M&A. The UAE-based firm is planning to buy a ...

Petrofac announced on Friday that it has secured an extension to its lock-up agreement with creditors and investors until 30 November, reinforcing stakeholder support for its ongoing restructuring ...

Asian imports of US West Texas Intermediate crude are set to increase due to rising Middle Eastern crude prices, reduced Murban exports, and falling freight costs.

Alpha Dhabi’s sustained focus on capturing strategic opportunities and continued momentum in executing its strategy across key verticals is evident in the strong financial performance, with group ...

Abu Dhabi state-owned renewables company Masdar reported a 2024 profit of 412 million dirhams ($112.18 million) on ...

Oil futures fell after a three-day rally driven by a spate of U.S. trade deals ahead of Friday's tariff deadline and threats of sanctions against Russia and buyers of its oil. Natural gas futures fell ...

Eni Lifts Cash-Flow Guidance, Confirms $1.8 Billion Buyback Despite Headwinds The company confirmed its planned shareholder returns for 2025 of a 5% dividend increase and a buyback program. Trump ...

Nations are stalling on efforts to triple global renewable energy capacity by 2030, with new research calling for updated targets to expand the pipeline of clean energy availability.

UAE renewables company Masdar swung to a profit in 2024, driven by a drop in direct costs. Net earnings reached AED412 million ($112.2 million) last year, versus a net loss of AED44 million in 2023, ...

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 24 – July 30, ...

Mohamed Takala’s disputed election as president of Libya’s High Council of State threatens to paralyze western political institutions and deepen national fragmentation.