The Middle East is forecast to add the third highest trunk pipeline length to the global petroleum products pipelines industry between 2018 and 2022, contributing a total length of around 3,950 km by 2022, according to leading data and analytics company GlobalData
Industry
ADNOC Distribution signs digital deal for retail and fuel business
ADNOC Distribution, one of the leading fuel and convenience retailer in the UAE, has signed an agreement with Etisalat Digital for a cloud-based digital signage advertising network
Morgan Stanley tops oil and gas sector in GlobalData’s M&A financial advisers ranking
Morgan Stanley has claimed the top position in the latest oil and gas industry M&A financial advisers M&A league table for Q2 2018, compiled by leading data analytics company GlobalData
DME launches eight new oil contracts
Dubai Mercantile Exchange (DME), one of the leading international energy futures and commodities exchanges, has launched eight new oil listings, following completion of the regulatory review
UAE’s Mubadala Petroleum invests to develop Siberian oil fields
Abu Dhabi-based Mubadala Petroleum, Gazprom Neft and the Russian Direct Investment Fund (RDIF) have completed a transaction to establish a joint venture to develop oil fields in the Tomsk and Omsk regions of Western Siberia