APICORP posts 17 per cent net income growth for 2019

Dr. Aabed bin Abdulla Al Saadoun ImageThe Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, posted a 17 per cent year-on-year increase in net recurring income for 2019

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GP Global expands European supply network

Prerit Goel Group Director at GP GlobalEnergy services provider GP Global has further strengthened its international bunkering network with the addition of new delivery infrastructure, supplying the port of Hamburg, Germany

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MAWANI and SGP sign agreement for King Abdulaziz Port in Dammam

Mawani PhotoSaudi Ports Authority (MAWANI) and Saudi Global Ports (SGP) have signed a build, operate and transfer (BOT) agreement for the container terminals in the King Abdulaziz Port in Dammam

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OPEC, OPEC+ reach deal to cut oil production

IMG 20200413 WA0000 rdax 250x167OPEC and its allies in the OPEC+ group have finalised a deal to cut production by 9.7 mmbbl per day

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CQC, Total collaborate to develop quantum algorithms for CCUS

oil 1685981 640Software company Cambridge Quantum Computing (CQC) has entered into a multi-year partnership with petroleum refining company Total S.A. to develop quantum algorithms and quantum computing solutions for advanced carbon capture, utilisation and storage (CCUS) technologies

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