Articles
Sweden's Volta Trucks zooms back after bankruptcy and targets Gulf expansion
Company is looking to raise $21.6m in the next couple of months, its chief executive says
Growth rate of renewables 'too slow' to meet 2030 target
Capacity needs to grow by at least 16.4 per cent annually to hit goal set at Cop28
Global energy majors take 40% stake in Adnoc’s Ruwais LNG project
Adnoc Gas plans to acquire the majority stake in Ruwais LNG from its parent company, its chief executive says
Oil market to be in supply deficit amid Opec+ production cuts
Global oil stocks will drop by 700,000 barrels per day in the second half of 2024
Boeing's guilty plea could strain ties with Middle East customers
Flydubai, which operates an all-Boeing fleet, says it would continue to engage closely with the US plane manufacturer
Oil posts fourth straight week of gains on strong fuel demand hopes
US crude stocks, an indicator of fuel demand in the world’s largest economy, fell by 12.2 million barrels last week
Adnoc says it cut 6.2m tonnes in greenhouse gas emissions last year
The emissions intensity of upstream operations is among the lowest in the industry, company says
Xi urges Eurasian bloc to push back against US trade restrictions
Russian President Vladimir Putin also attended the Shanghai Cooperation Organisation, hailing the Eurasian security group as a force for global stability
Israel-Hezbollah war could create gas supply crisis
Egypt is currently the largest consumer of gas from Israel
Adnoc ‘on track’ to meet 2030 sustainability targets
Intercontinental Exchange, operator of the New York Stock Exchange, could do 'something impactful' in the Middle East's carbon markets
Egypt signs $33bn green ammonia deals with European companies
German and French companies, plus BP, in agreements with sovereign wealth fund as Cairo seeks to step up renewable projects
UAE petrol prices to fall further in July
Motorists in the Emirates will pay less at the pump
Saudi Aramco signs 20-year LNG deal with US energy firm Sempra
The agreement is a 'major step in Aramco’s strategy to become a leading global LNG player', executive says
LNG market in ‘fragile equilibrium’ after disruptive two years
Increasing demand from emerging economies could tighten the market, International Gas Union says
Adnoc Drilling approves new dividend policy with 10% annual growth
The company may approve additional dividends on top of the progressive dividend policy
