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Adnoc awards minority stake in an Abu Dhabi concession to Azerbaijan’s Socar
Plus: More from Masdar, EGA, MBRIF, Bajaj, Lucid, Adani, and DP World
Opec+ extends supply cuts, granting the UAE a higher production quota for 2025
The UAE has been granted a higher production quota of 3.5 mn barrels per day in 2025
Fuel prices slashed for the first time in five months
Plus: Outdoor work will be limited as of 15 June in time for summer
Tecnimont secures contract to build low-carbon ammonia plant in Al Ruwais
The facility, which will produce 1 mn tons of ammonia annually, is being developed by a consortium of local and…
Palm Jebel Ali infrastructure awards handed to DBB, Khansaheb
Plus: Emirates Properties completes 50% of the first phase of Azha in Ajman
Adnoc mulls bid for Shell’s downstream assets in South Africa
The potential sale could have a price tag of USD 800 mn
IHC is planning to list Daman Ins. on the public market
Plus: President Sheikh Mohamed bin Zayed heads to South Korea tomorrow
Masdar inks a spate of agreements on Indonesian renewable energy projects
PLUS: NCI sets up shop in the UAE
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