ABU DHABI / WAM Al Dhafra Petroleum, a joint venture between the Abu Dhabi National Oil Company (Adnoc), the Korea National Oil Company (KNOC) and GS Energy, and one of Adnoc’s youngest operating companies, announced it has begun producing crude oil from Abu Dhabi’s Haliba field and discovered potential resources in three new fields in its concession area. According to ...

ABU DHABI / WAM The UAE is advancing its stature in the area of global competitiveness in the telecommunications sector, by taking the lead in adopting 5G technology. Etisalat is the first telecommunications operator in the Middle East and North Africa to launch a 5G network investing in the future of connectivity via its infrastructure network, driving innovation and digital ...

Bloomberg Venezuela’s state-owned oil company is taking an unusual step to try and increase production: shut fields. From this month, Petroleos de Venezuela SA will prioritise 13 fields in the Faja, a 55,000 square-kilometer (21,235 square-mile) strip north of the Orinoco River containing heavy crude oil that former president Hugo Chavez turned into the nation’s oil flagship project, according to ...