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HI-TECH GAS TURBINE TRIUMPH FOR KSA
In a significant stride for the 'Made in Saudi' initiative and a high technology triumph for the Kingdom, GE Vernova has...
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Borouge plans China complex
ABU DHABI: Borouge, a petrochemicals major, said its consortium with Abu Dhabi National Oil Company (Adnoc) and Austrian group Borealis has signed an agreement with...
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Aramco to develop $2.2bn gas plants
RIYADH: Saudi oil giant Aramco has signed a non-binding Letter of Intent (LoI) with a joint venture of Spanish group Técnicas...
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RoI STUMBLING BLOCK IN TRANSITION
The limited return on investments (RoI) – rather than access to capital – is increasingly cited by corporates as a leading barrier to scaling the energy transition...
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Crude surplus ‘likely in 2025’
MANAMA: The crude oil market is currently tight but next year will likely be in surplus, with Brent prices declining into the mid-to-high $70s range, Morgan Stanley said....