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Gulf Today, Staff Reporter Abu Dhabi National Oil Company (Adnoc) has announced, the award of a $548 million (Dhs2.01 billion) contract to build a new main gas line at its...
The Opec+ agreed on Monday to cut production for the first time in more than a year as it seeks to lift prices that have tumbled due to recession fears....
The statement issued by the group of seven industrially advanced countries – the United States, Canada, Japan, the United Kingdom, France, Germany and Italy – that there would be...
G7 industrialised powers vowed on Friday to move urgently towards implementing a price cap on Russian oil imports in a bid to cut off a major source of funding...
Abu Dhabi National Oil Company (Adnoc) announced on Thursday that its first shipment of low-carbon ammonia has left the UAE bound for Hamburg, Germany. This is the first ever cargo...
Record-high inflation in the euro zone compounded recession fears stalking markets on Wednesday as central banks on both sides of the Atlantic prepared to raise borrowing costs for businesses and...
British households on Friday faced an eye-watering 80-per cent hike in electricity and gas bills, in a dramatic worsening of the cost-of-living crisis before winter as the country awaits a...
Inayat-ur-Rahman, Business Editor Despite widespread inflationary pressures and looming recession, there is upbeat sentiment among Indian investors, as evident from the audience poll (Webinar and LinkedIn channels), where 75% of...
With more of a whisper than a resounding clang, Greece has shed another restriction dating to its painful financial bailout years. Saturday’s formal end of “enhanced surveillance” by European Union...
German natural gas import costs rose by 153% in the first six months of 2022 from a year earlier, even though imports were down by 24.3%, official data showed. Europe’s...
