The UAE confirmed intercepting two Iranian missiles as regional war escalates. Tensions threaten global energy security, impacting oil and LNG transit through the strategically vital Strait of Hormuz
The UAE condemned an alleged Iranian missile strike on an ADNOC tanker in the Strait of Hormuz, raising security concerns for global oil and LNG transit routes following recent conflicts.
Gazprom shares dropped below 100 roubles, their lowest level since 2009, driven by reduced European demand and geopolitical tensions. The state-owned energy giant's market value declined to $32.15 bil
Germany plans to privatize its seized Gazprom unit, Sefe, raising €1.5-2 billion to fund infrastructure expansion following Russia's 2022 invasion.
GAC Group reported its first annual loss since listing, while UAE and Bahrain aluminum smelters suffered damage from Iranian attacks. Major Chinese energy and mining companies released 2025 financial
Takasago's fine chemicals segment swung to a loss due to quality control measures, with fragrance business income plunging 64% year-over-year in the fiscal first nine months ended December 31.
Adnoc and Taqa signed a long-term deal to supply power and utilities to the Ta’ziz chemicals hub, targeting 4.7 million metric tons of annual chemical production by 2028. The integrated utilities will
EIL secured a $350M contract to expand Dangote’s Nigerian complex, tripling polypropylene capacity to 2.4 MMt/y and increasing crude refining to 1.4 million barrels per day.
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