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australia

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

  • Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos

    Sydney, Australia - Abu Dhabi's state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, Santos said Monday. Santos's board said it plans to unanimously recommend the Abu Dhabi National Oil Company's offer to shareholders if it can agree on the takeover...

  • Qatar loses its top position to Australia in the fight to control global LNG market

    The United States and Russia are the third and fourth exporters of gas  Overall LNG trade increased to 356.1 million tons last year Qatar has lost its preeminent position as the world’s number one exporter of Liquefied Natural Gas (LNG) to Australia, while the US and Russia remained as the...

  • Gulf tourists await possible easing of EU travel rules

    Under the current restrictions, people from only 7 countries, including Australia, Israel, Singapore, can enter the EU  Gulf residents are expected to spend heavily on holidays this year as borders are opened European Union has agreed on Wednesday to ease COVID-19 travel restrictions on visitors from around the world ahead...