New York, United States -- Two months after accusing India's Adani Enterprises of fraud, US investment group Hindenburg Research launched a new salvo Thursday, this time against Jack Dorsey's mobile payments firm Block, saying it "widely overstated" its user base. Following publication of the report, Block's stock tumbled up to...
Bitcoin mining for all
Block is building a system to mine bitcoin.
ADNOC announces big onshore oil and gas find in Abu Dhabi
ADNOC announced on Wednesday "significant conventional oil, condensate and gas discoveries" of up to 1 billion barrels of oil equivalent (BOE) from an exploration well in Abu Dhabi’s Onshore Block 4 Concession, which is operated by Japan’s INPEX/JODCO. ADNOC announced the discovery on a Twitter post and said it comprises...
NPCC bags $744 million contract for Abu Dhabi offshore project
The contract to the UAE-based company was awarded by Al Yasat Petroleum Operations Company The company will engage in the full field development of the Belbazem Offshore Block in Abu Dhabi. National Petroleum Construction Company (NPCC) said it has bagged a $744 million engineering, procurement and construction (EPC) contract...
