ABU DHABI / WAM Borouge awarded TechnipFMC, Maire Tecnimont, and WorleyParsons, three major contracts for the fourth phase of the Ruwais petrochemicals complex which will include the world’s largest mixed feed cracker. In a ceremony held in Abu Dhabi, Borouge signed Front-End Engineering and Design (FEED), contract, Project Management Contract (PMC), and a licence contract associated with the mixed feed ...

Bloomberg India said its fighter jets destroyed a major terrorist camp in Pakistan in the worst escalation between the nuclear-armed rivals since 2001, in an incident that Islamabad has described as a “grave aggression.” More than 300 people were killed in the air strikes at the camp belonging to terrorist group Jaish-e-Mohammed that has trained suicide bombers, according to an ...

Bloomberg The possibility of Britain exiting the European Union without a deal is coming into sharper focus for power, natural gas and carbon allowance traders as futures for next month start to expire. A no-deal Brexit could rattle traders because of the complicated links that hold the EU energy market together. For example, natural gas produced in Norway can be ...