A significant development is underway in Fujairah, where the emirate is set to launch its first gasoline refinery. This initiative, led by Brooge Petroleum and Gas Investment Company (BPGIC) in collaboration with Honeywell, aims to enhance the UAE’s refining capabilities and bolster its position in the global energy market. Project Overview The agreement between BPGIC…
A significant development in the UAE’s electric mobility landscape has occurred with the opening of the region’s first dedicated Electric Vehicle (EV) Service Center in Al Barsha South, Dubai. This initiative by Emarat represents a pivotal move towards supporting the increasing number of electric vehicles on the road, integrating EV services with traditional fuel offerings…
ADNOC has recently finalized a significant long-term agreement with Shell, marking a pivotal moment for its Ruwais LNG project. This 15-year supply contract, which allows for the delivery of up to one million tonnes of liquefied natural gas (LNG) annually, enhances ADNOC’s offtake commitments and keeps the project on schedule for its anticipated launch in…
The Sharjah National Oil Corporation (SNOC) has reached a significant achievement with the successful drilling of its second well in the Hedebah Gas Field. This development marks a crucial step in enhancing the emirate’s onshore energy capabilities, following the positive results from the first well drilled in 2024. Successful Drilling of Hedebah-02 Well The newly…
Saudi Aramco has made a significant move in its energy strategy by awarding a multi-billion-dollar contract to National Energy Services Reunited Corp. (NESR), a prominent US-listed oilfield services firm. This partnership aims to enhance the development of unconventional gas resources in Saudi Arabia, aligning with the Kingdom’s Vision 2030 initiative to diversify its energy portfolio….
The recent administration filing by Petrofac, a UK-based energy contractor, has raised concerns about the future of several significant oil and gas projects in the Gulf region. With a workforce of approximately 7,300 employees globally, the company’s financial struggles have intensified following the loss of a crucial contract, prompting questions about its ongoing operations in…
BYD is making waves in Japan’s kei car market with the introduction of the Racco, its first all-electric microcar tailored specifically for Japanese consumers. This new model aims to combine affordability with modern electric vehicle technology, offering a compelling option for urban drivers. Design and Features The Racco maintains the traditional kei car aesthetic with…
In the first nine months of 2025, NMDC Energy has demonstrated impressive financial performance, achieving a notable increase in revenue and net profit. The company’s strategic focus on expanding its operations internationally and executing a solid backlog has contributed to its growth. Financial Highlights NMDC Energy reported a 33% year-on-year increase in revenue, reaching Dh13…
Recent reports suggest that India may cease its purchases of Russian oil, a move that has implications for global crude supply and prices. This announcement, attributed to comments made by former U.S. President Donald Trump, has already influenced market dynamics, leading to an uptick in oil prices. Market Response to India’s Potential Decision As of…
Crescent Petroleum and Dana Gas have successfully initiated commercial gas sales from the KM250 expansion at the Khor Mor facility in Iraq’s Kurdistan Region. This significant project was completed eight months ahead of schedule, enhancing the region’s energy capacity and supporting its growing demand for electricity. Expansion Details The KM250 project, which represents a $1.1…