International

ADNOC Managing Director & Group CEO named as Energy Intelligence’s Energy Executive of the Year for 2021

Energy Intelligence announced that Dr. Sultan Ahmed Al Jaber, Managing Director & Group CEO of Abu Dhabi National Oil Company (ADNOC)

Russian energy policies to emphasize natural gas, hydrogen, and renewables

Russia, the world largest country by landmass, has a multi-prong strategy to confront climate change

Iraq approves $1.15bln Majnoon oilfield investment

Iraq has approved an investment budget of around $1.15 billion for 2021 to develop its southern giant Majnoon oilfield

Aramco private investment plan voluntary, not state imposed, says CEO

Saudi Aramco will set strict business criteria for ventures it backs under a new private partnership initiative to help diversify

Oil Giant Saudi Aramco Sees 2020 Profits Drop to $49 billion

Saudi Arabia state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets.

Italian Court Acquits Shell, Eni in Nigeria Corruption Case

An Italian court acquitted energy firms Royal Dutch Shell and Eni on Wednesday in a massive corruption case.

Aramco Seeks One-year Extension on $10bln Loan

Saudi Aramco has asked banks to extend by a year a $10 billion loan it raised last May

Occidental Petroleum Posts Larger Quarterly Loss on Asset Sale

Occidental Petroleum Corp on Monday posted a larger-than-expected fourth-quarter loss despite higher oil and gas prices as an asset sale weighed on results.