Articles
Egypt announces new incentives to boost oil and gas production
Revenue generated from higher production will be used to settle part of the dues owed to petroleum sector partners
Oil prices soar 3% on Libya production shutdown fears
Hezbollah launches hundreds of rockets and drones at Israel, which responds by striking villages in Lebanon
Oil rises over 2% after Powell endorses Fed's rate cuts
The US Fed Reserve Chairman said the time has come for policy to adjust
ExclusiveAdnoc Gas targets Europe and Asia for spot LNG cargoes
Adnoc subsidiary has not experienced a 'material impact' from elevated shipping costs due to Red Sea shipping disruption, says chief financial officer
Growing Saudi-China ties make case for yuan-based trade, S&P says
Saudi Arabia’s Vision 2030 programme and plans to host major events may lead to greater collaboration with Chinese groups, according to the ratings agency
Oil's geopolitical risk premium fades as Israel-Gaza ceasefire talks progress
Both the benchmarks, Brent and WTI, have fallen by nearly 3 per cent this week
Adnoc, Petronas and Storegga explore carbon capture projects in Malaysia
The deal will explore the application of advanced technologies, including artificial intelligence, to enhance storage capacity
Oil extends losses amid easing geopolitical tensions in the Middle East
Supply concerns eased by reports of higher production at Libya’s Sharara oilfield
Masdar and Infinity Power to develop 200-megawatt wind farm in Egypt
The Ras Ghareb wind farm is estimated to produce 810,000 megawatt-hours per year
Israel’s economy grew less than expected in Q2
GDP increase of 1.2% in the April-June period misses both forecasts and previous estimates
Iran’s new oil minister faces battle amid regional tensions
A wider conflict with Israel could undermine plans to reform Iran's energy industry, experts say
China's slump pulls down global oil demand outlook
Market could be oversupplied in 2025 if Opec+ proceeds with plan to start unwinding some production cuts, IEA says
Oil prices dip after Opec cuts demand forecast on China slowdown
The producer alliance lowered oil demand growth forecast for 2024 by 135,000 barrels per day
Ivory Coast minister calls for stricter trade rules to tackle gold smuggling
About three times the country's production of 56 tonnes is being spirited abroad, Mamadou Coulibaly says
European gas prices rise on Russian supply disruption concerns
Countries including Austria and Slovakia are heavily reliant on Russian gas flowing through Ukraine
