by Vasu Jit Kalia | July 16, 2024 | Energy
ADNOC Gas plc today announced the award of engineering, procurement and construction (EPC) contracts for the next phase of the UAE sales gas pipeline network enhancement “ESTIDAMA Project”. Separately, ownership of ESTIDAMA is being transferred from ADNOC...
by Vasu Jit Kalia | July 15, 2024 | Energy
New Delhi, July 15 (IANS) The Ministry of Coal on Monday signed development and production agreements for three coal mines auctioned under the second attempt of the 7th round which are expected to bring in an investment of Rs 4,500 crore. The mines for which...
by Jibran Munaf | July 9, 2024 | Commodities, Energy, News
The Guangzhou Futures Exchange (GFEX) said on Tuesday it plans to launch its first platinum and palladium futures contracts in China, the world’s second-largest economy, to offer a domestic price-hedging mechanism. The GFEX will be the first exchange to allow...
by Jibran Munaf | July 1, 2024 | Energy, News
Saudi Arabia’s oil giant, Aramco, has committed over $25 billion in contracts to advance its ambitious gas expansion projects. This initiative aims to increase sales gas production by more than 60% by 2030, compared to 2021 levels. Aramco’s recent...
by Jibran Munaf | June 28, 2024 | Commodities, Energy, News
Brent crude futures for August settlement, which expire on Friday, rose 41 cents. Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing expectations that the U.S. central bank will soon start to cut interest...
