DUBAI, July 15 Abu Dhabi National Oil Company
(ADNOC) has hired Bank of America Merrill Lynch and
Mizuho to arrange the lease of its natural gas pipeline
assets, sources familiar with the matter said, as the oil giant
establishes new partnerships in an era of lower oil prices.
RIYADH/DUBAI Attacks on Saudi tankers and other vessels off the coast of the United Arab Emirates this week expose vulnerabilities in the security of a key oil-shipping route amid rising tensions between the United States, Iran and Gulf Arab states.
DUBAI Bahrain plans to commission its expanded oil refinery by early 2023, allowing it to sell and trade more petroleum products in the Gulf region and Asia, the chief executive of state-owned oil company Bapco said.
DUBAI, March 10 Bahrain plans to commission its
expanded oil refinery by early 2023, allowing it to sell and
trade more petroleum products in the Gulf region and Asia, the
chief executive of state-owned oil company Bapco said.
DUBAI, Feb 11 The European Union's sugar
industry needs to consolidate to contend with the sharp fall in
prices since the end of production quotas in 2017, the chief
executive of French producer Cristal Union said on Monday.
DUBAI Commodities trading firm Louis Dreyfus expects faster switching between sugar and ethanol production in Brazil, with more flexible mills leading to "dramatic" price-driven shifts.
* Alvean expects slight global sugar surplus in 2019/20
(Adds more quotes, context)
ABU DHABI Italy's Eni and Austria's OMV have agreed to pay a combined $5.8 billion to take a stake in Abu Dhabi National Oil Company's (ADNOC) refining business and establish a new trading operation owned by the three partners.
Beirut Angesichts eines drohenden Angriffs der türkischen Armee auf die syrische Kurdenmetropole Manbidsch ist die syrische Armee am Freitag in die Stadt eingerückt.
ISTANBUL/BEIRUT Turkey will take over the fight against Islamic State militants in Syria as the United States withdraws its troops, President Tayyip Erdogan said on Friday, in the latest upheaval wrought by Washington's abrupt policy shift. | Video