Tag: investment

Energy, Oil & Gas

Oil inventories could hit record low levels if stock draws continue: IEA

Global oil inventories could hit ​critical or historically ‌low levels just ahead of the peak ​summer demand period ​if stock draws continue ⁠at their current ​pace, Reuters quoted the head of ​the International Energy Agency's oil industry and markets ​division as saying....

Energy, Oil & Gas

ADNOC committed to $150bn energy capital expenditure, says Dr Al Jaber

ADNOC remained committed to its $150 billion five-year capital expenditure (CAPEX) programme, said Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology. He sought an absolute commitment to freedom of navigation through the Strait of Hormuz to to enhance global energy resilience....

Energy, Oil & Gas

BlueFive Capital acquires 49pc Massar stake from Taqa

BlueFive Capital, a global alternative investment platform, has announced it has completed the acquisition of a 49% equity stake in Massar Solutions from Abu Dhabi National Energy Company (Taqa). Following the deal, Solutions+, a UAE-based consulting company, will retain the remaining 51% ownership stake. ...

Energy, Oil & Gas

Mubadala assets under management up 17% to $385bn

Mubadala Investment Company, an Abu Dhabi–based sovereign investor, today reported strong financial performance in its 2025 annual results with its assets under management growing 17 percent to AED1.4 trillion ($385 billion), with annualised five- and ten-year returns exceeding 10 percent....

Energy, Oil & Gas

Saudi Arabia, Kazakhstan expand energy, investment collaboration

Saudi Arabia’s Ministry of Energy and Kazakhstan’s Ministry of Foreign Affairs signed an agreement formally establishing the Saudi–Kazakh Coordination Council. The agreement strengthens bilateral ties, expands cooperation across multiple sectors, and enhances collaboration in energy, renewable energy, energy storage, and oil market coordination....