ABU DHABI: ADNOC has awarded a $490 million (AED 1.79 billion) contract to BGP Inc., a subsidiary of China National Petroleum Company (CNPC), to expand its massive 3D seismic survey in Abu Dhabi. This project, already the world’s largest of its kind, spans both onshore and offshore areas, and the new phase will focus on […]
Dubai: “Russian-Chinese cooperation in the field of oil supplies is unique for Eurasia,” said Igor Sechin, Executive Secretary of the Presidential Commission for the Strategy of Development of the Fuel and Energy Complex and Environmental Safety, CEO of Rosneft. He was speaking at the 6th Russian-Chinese Energy Business Forum (RCEBF) held in Moscow. Last year, […]
Houston: Four years after the UAE observed the Year of Tolerance, the designated president of the COP28 climate summit has asked his detractors to come together in collective efforts to make the world more sustainable. Dr. Sultan al-Jaber on Monday urged the energy industry to join the fight against climate change, borrowing a famous line […]
A massive cargo ship turned sideways in Egypt’s Suez Canal, blocking traffic in a crucial East-West waterway for global shipping, according to satellite data accessed Wednesday. Traffic on the narrow waterway dividing continental Africa from the Sinai Peninsula stopped Tuesday after the MV Ever Given, a Panama-flagged container ship with an owner listed in Japan, […]
