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Tag: Energy

Saudi Investment Fund announces the largest bookbuild offering in MENA

Saudi Investment Fund announces the largest bookbuild offering in MENA PIF today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering. The offering comprised 100 million shares, representing 2% of stc’s issued share capital. The total value of the offering was SAR 3.86 billion ($1.03 billion), with a final offer price of SAR...

APIC achieves $4.5 million by Q3/ 2024

APIC achieves $4.5 million in net profits attributed to its shareholders by Q3/ 2024 Apic IB-Q3-2024
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Carbon capture and storage playing field is dominated by oil giants with no room for smaller operators

Carbon capture and storage playing field is dominated by oil giants with no room for smaller operators The oil and gas playing field will become...

United Arab Emirates’ Participation in Biden Leaders Summit on Climate

United Arab Emirates’ Participation in Biden Leaders Summit on Climate His Excellency Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and UAE Special Envoy for Climate...

IRENA Report Identifies Policy Measures to Advance Jordan’s Transition to Renewables

A new report published today by the International Renewable Energy Agency (IRENA) has identified a series of policy measures that can help advance the...

Abu Dhabi Fund Rounds Up 2020 With Project Allocations Worth AED622 Million

Abu Dhabi Fund Rounds Up 2020 With Project Allocations Worth AED622 Million Abu Dhabi Fund for Development, one of the UAE’s leading financial entities, continued...

Russia, Iran and the US to lead globally in terms of methanol capacity additions by 2030

Russia, Iran and the US to lead globally in terms of methanol capacity additions by 2030 Global methanol capacity is poised to see considerable growth...

Global shale industry on a recovery path after 8.1% production decline in 2020

Global shale industry on a recovery path after 8.1% production decline in 2020 Global shale production has taken a drastic hit in 2020, where shale...

US oil & gas industry M&A deals total $54.76bn in Q3 2020

US oil & gas industry M&A deals total $54.76bn in Q3 2020 Total oil & gas industry M&A deals in Q3 2020 worth $54.76bn were...

Global demand is set to drop by 5%, investment by 20%

Global demand is set to drop by 5%, investment by 20% The COVID-19 pandemic has caused more disruption to the energy sector than any other...

Belgian construction industry set to reach US$94.5bn by 2024

Belgian construction industry set to reach US$94.5bn by 2024 Prior to the COVID-19 outbreak, Belgium’s construction industry was expected to grow by 3.1% in 2020....

Technology sector stocks most profitable with 30% average ROI in the last 12 months

Technology sector stocks most profitable with 30% average ROI in the last 12 months Data gathered by Buyshares.co.uk indicates that the technology sector stocks are most profitable...

Australia’s domestic-focused E&Ps are better positioned to cope with current global market volatility

Australia’s domestic-focused E&Ps are better positioned to cope with current global market volatility The intrinsic uncertainty surrounding the duration of beleaguered global oil and gas...

Middle East remains on track to bring significant refining capacity online

Middle East remains on track to bring significant refining capacity online After years of talk about the declining role of oil in the global economy,...