HRH the Deputy King meets with the Minister of Energy of the Kingdom of Saudi Arabia

The Deputy King, His Royal Highness Prince Salman bin Hamad Al Khalifa, today met with the Minister of Energy of the Kingdom of Saudi Arabia, His Royal Highness Prince Abdulaziz bin Salman Al Saud, at Gudaibiya Palace. HRH the Deputy King emphasised the historic ties that unite Bahrain and Saudi Arabia, which continue to strengthen […]

Oil rises as Libya outage adds to supply woes, Shanghai prepares to reopen

Oil prices rose on Tuesday as investors fretted over tight global supply after Libya was forced to halt some exports and as factories in Shanghai prepared to reopen post a COVID-19 shutdown, easing some demand worries. Brent crude futures rose 61 cents, or 0.5%, to $113.77 a barrel at 0349 GMT, while U.S. West Texas […]

Honeywell set to launch operations at Dammam gas detector unit

Honeywell said that its new assembling facility for personal gas detectors in Dammam, Saudi Arabia will become fully operational by the end of April 2022, having recently received its required licensing and regulatory approvals. With this facility, Honeywell has become the first international company to assemble gas detectors in the Kingdom, enabling local availability of […]

Air Products acquires Bahrain and UAE gas units of Air Liquide

Air Products, a world-leading industrial gases company in operation for over 80 years, has announced that it has acquired Air Liquide’s industrial gases business in the UAE and Bahrain. As per the deal, the Pennsylvania-based company will take over Air Liquide Emirates for Industrial Gases (Alemir) and Orca Industrial Gases, which includes liquid bulk, packaged […]

Nasser bin Hamad chairs Nogaholding board meeting

Representative of His Majesty the King for Humanitarian Work and Youth Affairs, Board Chairman of the Oil and Gas Holding company (Nogaholding), His Highness Shaikh Nasser bin Hamad Al Khalifa, chaired today the board meeting to approve the company’s annual fiscal report.   HH Shaikh Nasser praised the company’s distinguished financial results in 2021 and […]