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Tuesday, May 19, 2026 3:57 GMT
Action Energy Company, Kuwait’s leading firm for upstream services and major owner and operator of rigs in the region, has secured a new credit facility and renewed and expanded an existing facility, from two local banks with a combined value of KWD40.9 million (US$132.6 million), said the company....More
The United Arab Emirates' decision to withdraw from OPEC and OPEC+ was a sovereign and strategic choice based on a...More
The European Bank for Reconstruction and Development (EBRD) will provide a senior debt financing of up to US$70 million...More
The UAE's energy major ADNOC has announced two strategic collaboration agreements with Indian partners, reinforcing the...More
Oil major BP is considering selling some of its natural gas assets in Egypt, four people close to the matter told...More