Intercontinental Exchange has announced that it will launch a new exchange, ICE Futures Abu Dhabi (IFAD), to host the first futures contracts based on ADNOC’s Murban crude oil
Industry
New pricing mechanism set for ADNOC’s Murban crude
Abu Dhabi’s Supreme Petroleum Council (SPC) has launched a new pricing mechanism for the Abu Dhabi National Oil Company’s (ADNOC) flagship onshore crude oil, Murban, at a meeting held at ADNOC’s headquarters
Saudi Aramco joins ‘Zero Routine Flaring by 2030’ initiative
Saudi Aramco has announced that it is joining the World Bank Initiative: ‘Zero Routine Flaring by 2030’
PDO joins with four local organisations to support job creation drive
Petroleum Development Oman (PDO) has announced four new partnerships to create more than 1,500 job and training opportunities for Omanis in a variety of sectors
IEA: Global energy efficiency progress drops to slowest rate
Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing – a trend that has major implications for consumers, businesses and the environment, according to the International Energy Agency (IEA)