Wednesday 6 November 2024
 
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DIFC hits new landmark as special purpose firms top 200

Dubai International Financial Centre (DIFC), the leading financial hub in the MEASA region, has announced that the number of its registered intermediate special purpose vehicles (ISPVs) and special purpose companies (SPCs) crossed the 200 mark.

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Adnoc to focus on growth and maximising value

The Supreme Petroleum Council (SPC) of Abu Dhabi has approved Adnoc’s 2030 strategy, five-year business plan and operational budget, aimed at generating sustained, strategic growth in the oil giant’s upstream, midstream and downstrea

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Kuwait panel approves $15bn refinery

A key technical panel has approved a previously stalled $15 billion project to build a refinery with capacity of 615,000 barrels per day (bpd) in Kuwait, a newspaper reported on Monday. Al-Rai daily said in an unsourced report the country&

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Kuwait plans merger of oil firms

Kuwait's Supreme Petroleum Council (SPC), the country's highest oil policy body, has proposed merging state oil firms into one entity, a newspaper reported on Thursday. At present, Kuwait Petroleum Corp (KPC) is the umbrella firm f

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Top Kuwait panel to approve $15bn refinery

A previously stalled $15 billion project to build a 615,000 barrels per day (bpd) refinery in Kuwait is likely to be revived by a key technical committee at the weekend, a newspaper reported on Thursday. The Al-Rai daily said, in an unsour

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Kuwait to appoint 4 new oil council members

Kuwait's Supreme Petroleum Council (SPC) is expected to appoint four new members soon, replacing others who have resigned, a Kuwaiti newspaper reported on Tuesday citing oil sources. The SPC is the top energy decision-making body and is re

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Kuwait mulls change at top oil authority

Opec member Kuwait is considering changes to the authority responsible for oil policy as lawmakers press for the dismissal of non-government members from the body, industry sources said. The changes, aimed at lessening any conflict of inte

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Council to join UAE eco footprint drive

The Al Basama Al Beeiya (Ecological Footprint) Initiative group has called upon UAE's Supreme Petroleum Council (SPC) to support their’s oil and gas industry-related data requirements.  The Al Basama Al Beeiya (Ecological Footprint)

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