Industry

Oil up on OPEC+ meeting optimism and China's demand

Oil price OPECOil prices started the week positively on expectations that OPEC+ will keep output levels unchanged in February and as Chinese oil demand is recording a weather-related uptick

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ExxonMobil announces plans for reductions in greenhouse gas emissions

emission reductionExxonMobil has announced plans for the reduction of the intensity of operated upstream greenhouse gas emissions by 15-20% by 2025, compared to 2016 levels

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ENOC Group opens new service station in Umm Al Quwain

Enoc Middle East service stationENOC Group has opened a new service station in Umm Al Quwain to meet the fuelling needs of motorists crossing Sheikh Mohammed bin Zayed Road from the northern emirates to Dubai and Abu Dhabi

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ADNOC Distribution increases Saudi Arabia’s commitment with network expansion

ADNOC Distribution acquires 15 service stations in the Kingdom of Saudi Arabia reaffirming its commitment to grow its business in KSA. The Company entered the KADNOC Distribution, the largest fuel and convenience retailer in the UAE, has implemented a final agreement to acquire 15 service stations in Saudi Arabia, reaffirming its commitment to expand its business in the region

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Aramco and SAP form strategic alliance to progress digital transformation journey

Aramco SAPAramco has announced a strategic alliance with SAP Saudi Arabia to expand the digitalisation of its Enterprise Resource Planning (ERP) systems

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