DIFC hits new landmark as special purpose firms top 200Dubai 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. More… |
Adnoc to focus on growth and maximising valueThe 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 More… |
Kuwait panel approves $15bn refineryA 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& More… |
Kuwait plans merger of oil firmsKuwait'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 More… |
Top Kuwait panel to approve $15bn refineryA 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 More… |
Kuwait to appoint 4 new oil council membersKuwait'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 More… |
Kuwait mulls change at top oil authorityOpec 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 More… |
Council to join UAE eco footprint driveThe 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) More… |