Real Estate Deal with Institutional Investors

Abu Dhabi National Oil Company (ADNOC) on Wednesday said it has signed a deal with Apollo…

Fifth Phase of Mohammed bin Rashid Al Maktoum Solar Park

Financing completed for $564m fifth phase of Mohammed bin Rashid Al Maktoum Solar Park in Dubai.…

South Africa has Welcomed a Total SE Rig to Resume Drilling

Development of a significant deep-water discovery made in the area last year “will further enable South…

Higher Tariffs The Only Solution to Financial Woes

Eskom Holdings SOC Ltd. power utility said its ballooning debt can only be kept in check…

Papua New Guinea Battling with Companies Including Exxon Mobil Corp. and Barrick Gold Corp.

The state must take a 60% to 65% share of revenue from future projects, up from…

Saudi Arabia Diverts its Oil Away from America’s

The kingdom last month loaded about 5.6 million barrels a day on to tankers, a small…

New Investments Over the Next Decade as Installation Costs Decline for Green Energy

Global renewable energy industry will be an arena for around USD 3.4 trillion (EUR 2.8tr) of…

Schlumberger Agrees to sell its U.S. and Canadian Fracking Business

A turning point for the shale industry as the world’s biggest oilfield servicer abandons the work…

Oil is Poised for a Fourth Monthly Advance

Oil is poised for a fourth monthly advance but prices are firmly anchored near $43 a…

Abu Dhabi Is Back In The Dollar Bond Market

The Gulf emirate plans a three-part offering, according to a person familiar with the matter. The…