DUBAI United Arab Emirates' Dana Gas is negotiating details of a sale of its Egyptian assets with Texas-headquartered IPR Energy, three sources familiar with the matter said, ahead of a repayment of some $300 million in debt in October.
DUBAI Abu Dhabi Future Energy Company (Masdar) plans to boost its renewable energy capacity to 8 gigawatts (GW) before the end of this year, as it expands globally and bids for new projects, its chief executive told Reuters.
DUBAI, June 29 Saudi power plant developer and
operator ACWA Power expects to achieve its target of more than
$10 billion in new investments this year, as the coronavirus
pandemic had "minimal impact" on its projects, the firm's chief
executive told Reuters.
DUBAI The Arab Petroleum Investments Corporation (APICORP) [APICO.UL] has added another $500 million to the roughly $2 billion of allocated financing for 2020 to help its energy sector clients deal with impact of the coronavirus and oil price fluctuations, its chief executive said on Wednesday.
DUBAI Oman welcomes a U.S. invitation to OPEC members to discuss ways of halting a collapse in oil prices, the country's oil minister said, according to the Omani al-Watan newspaper on Thursday.
DUBAI Organisers of Expo 2020 Dubai on Monday backed a proposal to postpone the event for one year due to the coronavirus pandemic.
DUBAI, March 30 Expo 2020 Dubai is expected to
be delayed by up to a year due to the global coronavirus
pandemic, according to three sources familiar with the matter.
DUBAI, March 24 UAE's Sharjah National Oil
Company (SNOC) said on Tuesday that the impact of the
coronavirus outbreak will delay the startup of production at its
Mahani gas exploration project by up to two months.
DUBAI, March 24 Italian energy group Eni
is reviewing its projects in the Middle East because of
the coronavirus pandemic and oil market conditions, a senior
company official said on Tuesday.
DUBAI Saudi Arabia imposed a nationwide curfew on Monday after reporting a jump of almost a quarter in coronavirus cases, while the United Arab Emirates will suspend all passenger flights starting Wednesday, state media reported.