ADNOC has signed a 15-year LNG agreement with Germany’s EnBW Energie Baden-Württemberg AG (EnBW), for the delivery of 0.6 million metric tonnes per annum (mmtpa) of LNG
Industry
Deep Casing Tools wins King's Award
Aberdeen-based Deep Casing Tools has won a prestigious King’s Award for Enterprise - the highest official business accolade for UK companies
Aramco Q1 profits down, capex up
Aramco has reported healthy profits of US27.3bn in the first quarter of 2024, down slightly from the US$31.9bn figure in Q1 2023
Infrastructure investing: now a US$1 trillion+ asset class
Infrastructure serves as the foundation of contemporary economies, comprising a diverse array of physical assets essential for the operation of both societies and enterprises
Middle East conflict escalation could send oil prices soaring
A major flare-up in Middle-East conflict could stoke global inflation and drive oil prices above US$100/bbl, according to the World Bank’s latest Commodity Markets Outlook