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Dragon Oil discusses 2024 plans, prospect of expansion

DUBAI / WAM Dragon Oil Company, affiliated with the Government of Dubai, held its annual brainstorming session at the Bab Al Shams Hotel in Dubai, attended by the Company’s Senior officials and Top Directors, led by CEO Ali Rashid Al Jarwan. The session’s discussions centred on reviewing the company’s strategic objectives during the current and next year, while discussing future ...

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UAE leaders congratulate Emir of Kuwait on assuming power

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, on the occasion of assuming power in the State of Kuwait. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the ...

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Revival of winter travel turns jet fuel into oil’s bright spot

BLOOMBERG Soaring demand for travel this winter is boosting refiners’ margins for making jet fuel in Asia, providing a bright spot for the oil market even as the outlook for other transport fuels weakens. The post-pandemic recovery of air travel is gaining pace in China and India, while the US is expecting to see record travel demand during the holiday ...

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