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The UAE’s American energy hedge gets bigger
Mubadala’s move forms part of a broader push into US energy assets
XRG acquires stake in Azerbaijan's Southern Gas Corridor
The transaction gives XRG exposure to a gas export system linking the Caspian region to Europe
TODAY: Egypt, Jordan eye linking Risha gas field to Arab Gas Pipeline + Iraq orders Kurdish gov’t to transfer oil output to state-owned firm
What we’re tracking this morning regionally and around the world
Aramco net income dips in 3Q as oil giant swings into debt
The firm will likely resort to more borrowing to maintain generous dividend payouts
UAE’s AD Ports Group + Kazakhstan’s KMTF JV acquires two new oil tankers
The joint venture acquired two new oil tankers, designed for the transportation of Kazakhstan’s oil across the Caspian Sea
TODAY: More disruptions, from cyber attacks to real ones + Egypt set to offer up 6th of October dry port in January
Good morning, friends. It’s a very busy start to the week, and the tone of this morning is: good news,…
AD Ports invests USD 200 mn in 10 offshore vessels
The acquisition of the vessels enhancing offshore operations across the Middle East and Southeast Asia
Saudi Aramco + KNOC sign oil storage agreement to reserve 5.3 mn barrels of oil over five years
The storage agreement boosts South Korea’s supply security, while helping boost Saudi Arabia’s market share in Asia
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