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Dubai’s Economy Expands 3.3% in Q2 as Key Sectors Surge
Dubai Dubai’s economy saw a notable growth of 3.3% in the second quarter of 2024, reaching a value of Dh116 billion ($31.58 ...
Countries promised to ditch fossil fuels. Instead they’re booming.
The U.N. Climate Change Conference, or COP29, starts as the world’s nations have failed to deliver on the central pledge of ...
Business Insider13h
Monsha’at: Biban24 fuels regional SME growth and development with landmark agreements worth over SAR 35 billion launched during exhibition
Additionally, Saudi Aramco announced investment rounds from WAED Ventures worth SAR 18 million. Biban24 also hosted the final rounds of the Entrepreneurship World Cup (EWC). 100 finalists — ...
Russia to ‘merge three oil companies’ to boost war effort
Russia is seeking to merge three major oil companies in a bid to create the world’s second-biggest crude oil producer, ...
Russia mulling mega oil merger in Rosneft, Gazprom unit & Lukoil combination - WSJ
Russia is working on a plan to merge Rosneft (RNFTF) with Gazprom Neft and Lukoil (LUKOY), the Wall Street Journal reported ...
Russia explores plan to merge Rosneft with Gazprom subsidiary and Lukoil, WSJ reports
Explore the potential merger of Rosneft, Gazprom Neft, and Lukoil into the world second-largest oil producer, rivaling Saudi ...
worldenergynews.com1d
WSJ reports that Russia is exploring a plan to merge Rosneft, a Gazprom subsidiary, and Lukoil.
The Wall Street Journal reported that Russia is working on plans to merge Rosneft oil, a state-backed company, with Gazprom, ...
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Russia Explores Plan to Merge Oil Giants Into Mega Producer
All three are under U.S. sanctions. The resulting company would easily be the world’s second-biggest crude producer, after ...
Crude Oil Prices2d
The World's Largest Oil Producer Slips Into a Net Debt Position
The world’s largest oil producer may have just been pushed into a net debt position for the first time in two years.
Saudi Arabia spent years investing in global tech firms. Its domestic AI push hopes they'll return the favor.
The kingdom is looking to companies overseas to help it meet its AI ambitions at home after years of investing billions of ...
Crude Oil Prices3d
Big Oil CEOs Voice Concern Over Geopolitical Tensions
The International Energy Agency (IEA) expects demand to peak before 2030, while OPEC and Saudi Aramco remain optimistic, especially with recent Chinese stimulus. Petronas CEO Muhammad Taufik believes ...