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9.13 AM Thursday, 18 December 2025
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18 December 2025

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Cheap oil is not good in the long run

Motorists must be glad the price of fuel is one thing they do not have to worry too much about as they face the worst

Exploration firm AziNam opens Dubai office

AziNam Ltd., the offshore Namibia focused exploration company, has announced the formal opening of its office in

RTA and Terra Partner to Develop Battery-Swapping Stations

Dubai’s Roads and Transport Authority (RTA) has announced an installation plan for several battery-swapping stations

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Britain's BG makes $12bn bid on Australia's Origin

  British gas producer BG Group has made a $12 billion (Dh44bn) bid approach to Origin Energy, seeking to bolster its

Topaz completes $17m Qatargas LNG module

Topaz Energy and Marine subsidiary Adyard Abu Dhabi has completed the construction of Berth 6 LNG Loading module for

Dubai’s Enoc secures Dh844m loan from Chinese bank for expansion

Emirates National Oil Company (Enoc) has secured a $230 million (Dh844 million) unsecured loan from the Industrial and

Oil slips from five-month high

Oil slipped from a five-month high on Wednesday after an industry report showed US crude stockpiles jumped more than

Deals worth more than $4bn at oil show

An international oil show ended in Abu Dhabi on Thursday and organisers said the event saw the conclusion of deals

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Oman Oil to invest $3bn in Indian fertiliser plants

The state-run Oman Oil Company (OOC) will invest around $3 billion (Dh11 billion) to help revive some of India's closed

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Saudi awards $2.44 bln power plant deal

Saudi state-owned Saline Water Conversion Corporation (SWCC) has awarded a $2.44 billion power plant contract to a

China dumping unsafe steel products in Saudi: newspaper

China is dumping huge quantities of unsafe steel products in Saudi Arabia in the absence of effective government

Borouge drives sustainability, circularity with innovative polyolefin solutions at Chinaplas 2023

Borouge is participating in Chinaplas 2023, showcasing its extensive range of innovative polyolefin solutions.