Mega-deals totalling more than $3.4 billion are won by ADNOC Drilling

ADNOC Offshore of the UAE has given ADNOC Drilling two contracts for more than $3.4 billion (AED 12.6 billion) to increase offshore drilling operations and hire eight jack-up rigs to increase production capacity.

These contracts are worth a combined $1.5 billion (AED 5.6 billion) and $1...

Dealmaking in the US is boosted by a wave of multibillion-dollar buyouts

William Ruto, the current deputy president, is 55 years old, and Raila Odinga is 77 years old and running for president for the fifth time. Relations with China, which has made significant investments in the nation recently and raised fears among Kenyans, have emerged as a prominent area of conte...

Boris Johnson's ripping up of the Northern Ireland deal has triggered legal action by the EU

After the UK announced it will cancel sections of the Brexit deal Boris Johnson signed, European Commission Vice President Maros Sefcovic said, "Let's call a spade a spade, this is illegal."

Following Boris Johnson's announcement that he intends to rip up his Brexit de...

To avoid Russia, the EU signs gas deals with Israel and Egypt

As part of its effort to diversify away from Russian energy, the European Union, Israel, and Egypt have inked a tripartite natural gas export agreement.

The agreement, signed on Wednesday in Cairo at the East Mediterranean regional energy conference, will allow Israel to export "su...

Premier Sports renews LaLiga's deal in the United Kingdom and Ireland

Premier Sports has renewed its broadcast arrangement with LaLiga, Spain's top-flight football league.

The broadcaster, which began covering LaLiga in 2019, has extended its contract for another three years and will continue to do so until the conclusion of 2024/25.

Premier...

WP maintains a 5% sales growth target

SET-listed WP Energy, Thailand's third-largest liquefied petroleum gas (LPG) dealer, has kept its revenue growth objective of 5% for 2022 as the government steadily reduces its LPG price subsidies.

According to deputy chief executive Noppavong Omathikul, revenue is predicted to clim...

'ATTACKS ON EUROPEAN FOOTBALL'S ECONOMIC STABILITY' - LA LIGA HIT OUT AT KYLIAN MBAPPE PSG DEAL

Kylian Mbappe was widely anticipated to join Real Madrid when his previous contract expired this summer, but news emerged on Friday that the Frenchman had made a spectacular U-turn. The new contract was unveiled in front of a rapturous throng at the Parc des Princes, with the Frenchman posing for...

VETERANS EXPOSED TO TOXIC BURN PITS ARE HELPED BY LAWMAKERS

Senators in the Senate achieved a bipartisan deal on Wednesday to expand health care and disability benefits for millions of veterans who were exposed to harmful substances while serving in the military.

By increasing eligibility for benefits to approximately 3.5 million men and women, ...

Woodside Deals with Production Issues and 'Volatility' as Oil and Gas Prices Rise

During the quarter, the Australian producer's gas businesses faced a mix of successes and setbacks. During the period, its onshore Karratha Gas Plant, which is located near the offshore North West Shelf Venture, and its Wheatstone LNG project in Western Australia had increased liquefaction vo...

India and Australia to Sign an Interim Deal for Thirty Days

The commerce and industry minister Piyush Goyal said on Friday that India and Australia were aiming to hammer out an “early-harvest” trade deal in the next 30 days and a broader free trade agreement (FTA) would be clinched 12 months after the interim pact was operationalized,

World’s largest trade deal to make a difference in Singapore

Highlights:

• A mega trade agreement signed by 15 countries

The Regional Comprehensive Economic Partnership ( RCEP) , is a mega trade agreement which is signed by 15 countries and came into effect on Jan. 1

The RCEP is a high-quality and mutually b...

EU Classifying Some Gas and Nuclear Energy Projects as Sustainable

News has been revolving around that the European Union is considering to allow certain oil and gas products by categorizing them under sustainable investments. The proposal has been responded to with great criticism from climate activists.

The European Commission has been working on a d...

Interim Trade Deal Between India and Australia

Australia and India have sped up negotiations on an interim trade deal that will soon be followed by a Free Trade Agreement (FTA).

A virtual meeting was held last Tuesday between the Indian Minister of Commerce and Industry, Piyush Goyal, and Dan Tehan from the ministry of trade, touris...

Australia and the US Sign Cloud Act Deal

The United States and Australia have agreed to a deal to speed up the process of information sharing related to criminals between tech companies and law enforcement agencies.

The Clarifying Lawful Overseas Use of Data (Cloud) Act deal will enable the two countries to use existing warran...

UAE Suspends Discussion on 23-billion-dollar Weapon Deal with the US

On Tuesday, one of the United States’ key allies in the Gulf region, the UAE announced the suspension of talks among the true countries on a 23-billion-dollar deal. The deal meant that the United Arab Emirates would purchase F-35 planes and armed drones among other equipment made in the US....

Europe to Decarbonize Gas Markets

The European Commission has agreed to some legislative proposals today for decarbonizing its gas market. The European Union has to reduce 55 percent of its gas emissions by 2030 and these proposals are meant to help deliver this goal.

The European Green Deal’s Executive Vice-Presi...

The Labor, Australia Rules out Climate Deals after Election

As elections are just a year away, the Australian opposition has announced sharply that it will unify to rule out any negotiations in the 2022 reduction target of stronger emissions.

Chris Bowen, the senior Labor frontbencher said that their party had paid a huge price in climate wars i...

Scott Morrison arrives in Rome just before the G20 Summit

Scott Morrison, the Prime Minister of Australis has landed at Leonardo da Vinci International Airport in Italy. The Prime Minister made a brief stop in Dubai on his way to Europe for a meeting with the leaders of world's 20 largest economies

Highlights

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US makes it clear that it made no financing offers to Turkey on F-16 jets

The United States has declined Turkish President’s comment saying that Washington had made no such offer to Ankara for the sale of F-16 fighter jets.

Highlights

• United States declines claims of making an offer to Turkey
• Turkey made a ...

Unipec to supply crude oil to private refiners facing tax probe

Unipec, is the trading arm of  Sinopec, one of Asia's largest refiner. Sinopec has now stepped in to supply crude oil to two independent refiners facing an official tax probe.

Highlights

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