Wednesday 17 August 2022

Adipec introduces Decarbonisation Zone this year

Adipec, the world's most influential gathering for energy industry professionals, is introducing this year the Decarbonisation Zone, a new addition that reflects the growing need for decarbonisation strategies in the energy industry.    The zone will be


Dubai summit to focus on green economy transition

The 8th World Green Economy Summit (WGES), to be held in September in Dubai, will focus on accelerating the transition towards a green economy and drive sustainable development.   The Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organ


Baker Hughes to sell oilfield services business in Russia

Baker Hughes has signed an agreement to sell its oilfield services business in Russia (OFS Russia) to its local management team, following its previously announced suspension of new investments for its Russia operations. The new business will operate independently of Baker Hughes


AlDrees Petroleum Q2 net drops 26pc to $12.24m

Aldrees Petroleum and Transport Services Company, a Saudi petroleum retailing and logistics firm, has posted a second-quarter (Q2) net profit of SR46 million ($12.24 million), a 26% drop compared to the corresponding quarter last year.   The company reported Q2


Clifford Chance advises Actis on Yellow Door acquisition

Leading international law firm Clifford Chance has advised Actis, a leading global investor in sustainable infrastructure, on its acquisition of a controlling stake in Yellow Door Energy Limited.    Yellow Door Energy is a leading distributed Commercial and

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