Abu Dhabi / Emirates Business The global oil storage market is set to become more competitive due to burgeoning investments by some of the key market players, according to Transparency Market Research (TMR). Various industry players are undertaking strategic collaborations including joint ventures, acquisitions, mergers and partnerships in order to establish a stronger market position. The stiffening competition in the ...

Bloomberg Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its goal of energy self-sufficiency. Gas from the Mediterranean’s largest offshore field is pumped to a facility in Port Said city, to be prepared for delivery to the national distribution network, with initial production of 350 million cubic feet per day, oil minister Tarek ...

DUBAI / WAM Reinforcing its commitment to the cause of sustainability, Dubai Investments PJSC, a leading, diversified investment company listed on the Dubai Financial Market, is set to adopt a number of ideas and initiatives across the group, put forth by its Sustainability Champions to support the 17 UN Sustainable Development Goals (SDG’s). These initiatives were evaluated as part of ...