ADNOC Drilling awarded USD 2 billion in contracts by the UAE
Abu Dhabi National Oil Company (ADNOC) announced that it has been awarded two sizeable contracts totalling ...
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2022: LNG imports position Europe as top destination for US
For the third month in a row, Europe has emerged as the number one importer of ...
Libya starts oil production after a ten-month deferral aiming at 2.1 mn BPD in the next three years
The OPEC country Libya is known for its abundant oil production and natural gas reserves. The ...
Gold Becomes a Safe Haven for African Nations Facing Currency Losses
The move to gold is to diversify holdings and reduce reliance on the US dollar. African ...
BHP’s $39 Billion Bid to Anglo American to Make Mining Giant
BHP last year purchased copper producer OZ Minerals Ltd. for about $6.4 billion in its first ...
Hydrogen, the Next Gold, Oil or Just a Fallacy?
FDE has applied for a permit to conduct in-depth mining exploration called the Trois-Eveches Permit, for ...
COP28 Approves a Deal for “phase out” of Fossil Fuels
President Sultan Al-Jaber, the President of COP28, approved the central document for the global stocktake concerning ...
IAEA and Saudi Arabia Discuss the Development of Nuclear Energy
The IAEA with KHNP is in active discussions with Saudi Arabia to make its nuclear dream ...
China and Saudi Arabia Sign Currency Swap Agreement
Saudi Arabia is the world’s second-largest oil producer and biggest oil exporter, with a huge influence ...
Exxon’s Acquisition of Pioneer for $60 billion: A Game Changer in the Shale Oil Industry
The deal would allow Exxon to enhance its output in the Permian region to the equivalent ...
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