Friday , 19 December 2025

Recent Posts

OPEC Secretary-General: Active talks with several nations eager to join Charter of Cooperation

ABU DHABI/ WAM Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), said that OPEC is in active talks with several nations eager to join the OPEC+ Charter of Cooperation, following the recent accession of the Republic of Brazil. The names of these countries will be announced after the completion of the ongoing consultations, the OPEC …

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WGS 2024: DEWA highlights future of energy sector, showcases net zero by 2050 efforts

DUBAI/ WAM Dubai Electricity and Water Authority (DEWA) is the Sustainable Energy Partner of the World Governments Summit (WGS) 2024, which is taking place from 12th-14th February under the theme ‘Shaping Future Governments’. In a keynote speech titled ‘Global Energy Transitions’, Saeed Mohammed Al Tayer, MD and CEO of DEWA, will talk about the main factors impacting energy markets, effective …

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ADNOC Drilling announces 2023 net profit of over $1 billion

ABU DHABI/ WAM ADNOC Drilling Company PJSC today announced its financial results for the fourth quarter and full year ending 31st December 2023. Revenue for the full year was US$3.057 billion, up 14 percent year-on-year, while EBITDA for the full year increased by 20 percent to US$1.483 billion with industry-leading EBITDA margin of 49 percent. ADNOC Drilling announced that the …

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