Brussels: The European Commission has urged member states to cut back on oil and gas usage, especially within the transport sector, as the ongoing conflict in the Arabian Gulf threatens potential supply disruptions and exacerbates the current energy c…
Abu dhabi: E Point Zero Holding RSC LTD (ePointZero), a subsidiary of Two Point Zero Group PJSC, has entered into an agreement to acquire a 100% stake in US-based Traverse Midstream Partners, LLC in a deal valued at US$2.25 billion. Founded in Abu Dha…
Vienna: XRG, ADNOC’s international investment arm, and OMV Aktiengesellschaft (OMV) today announced the successful formation of Borouge Group International AG, to operate under the brand name ‘Borouge International’. It is the world’s leading pure-pla…
Dubai: Authorities confirmed that they are responding to an incident caused by shrapnel from a successful interception that fell on residential houses in southern Dubai.
According to Emirates News Agency, the incident resulted in property damage and …