An employee at an oil and gas field in Irkutsk, Russia. Reuters
The $21 billion Arctic liquefied natural gas (LNG)-2 project led by Russian private gas producer Novatek won a green light on Thursday, the latest in a raft of new projects aimed at meeting a likely doubling of LNG demand over the next 15 years.
OMV agreed on Friday to pay 905 million euros ($1 billion) to Russia’s Gazprom for a stake in a Siberian gas field, as part of the Austrian firm’s strategy to boost its gas business.
China’s Sinopec, expected to be the next major Chinese buyer of US liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG prices.
Tecom Group said on Monday it raised Dhs1.7 billion ($462.87 million) from investors for its initial public offering (IPO). The company announced its plan on June 8
Over 1,600 new African member companies have registered with Dubai Chambers since October 2021, growing 6.5 per cent to reach 26,420 today, the Chambers have revealed.
“W Solar” Investment, an investment company in the renewables energy industry and a subsidiary of Alpha Dhabi Holding, today signed a Memorandum