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John Benny


Articles

The Taiba 2 and Qassim 2 plants will provide reliable energy and contribute to sustainability efforts in Saudi Arabia. Photo: Siemens Energy
Siemens Energy signs $1.5bn deal to develop Saudi power plants

Gas-fired plants will produce four gigawatts of electricity

EnergyJune 24, 2024
Iberdola SA's green hydrogen plant in Puertollano, Spain. Bloomberg
How the EU's new carbon scheme could sync with Middle East clean energy push

The bloc's new carbon scheme could position the Middle East as natural partners in clean energy

EnergyJune 22, 2024
Flare stacks burning off excess gas at the Nahr Bin Omar oilfield in Iraq's southern province of Basra. AFP
Wood seeks larger footprint in region amid Sidara takeover talks

The company plans to set up an energy transition hub in Abu Dhabi in August

EnergyJune 22, 2024
The project has increased the Peruvian port of Callao's handling capacity to 2.7 million TEUs. Photo: DP World
DP World completes $400m port expansion in Peru

Callao port can now accommodate 'three ships or two mega-ships at once', company says

EconomyJune 21, 2024
Oil rigs in the Permian Basin, in the US south-west. US crude inventories fell by 2.5 million barrels in the week ending June 14. AP
Oil records second weekly gain amid signs of improving demand

US crude stocks decreased by 2.5 million barrels last week

EnergyJune 21, 2024
The Mari-B platform in the Mediterranean Sea, off the coast of Israel. AFP
Energean to sell Egypt, Italy and Croatia assets to Carlyle for $945m

Oil and gas producer aiming to maximise value for shareholders, chief executive says

EnergyJune 20, 2024
A solar power park in Kozani, Greece. Masdar has been pushing to expand its footprint in Europe. Bloomberg
Masdar to acquire Greece’s Terna Energy in $3.4 billion deal

Agreement is the largest energy transaction on the Athens Stock Exchange

EnergyJune 20, 2024
Smoke rises from the chimneys of a coal-fired power plant in West Java, Indonesia. After carbon dioxide emissions, methane is the second-largest contributor to climate change caused by humans. AFP
Fossil fuel demand 'probably peaked in developed economies'

Methane emissions from fossil fuels, as well as from industrial activities, increased in almost all regions except the Middle East

EnergyJune 19, 2024
Abu Dhabi skyline seen from the Heritage Village. The UAE's non-oil economy has been booming. Khushnum Bhandari / The National
UAE climbs to seventh place in global competitiveness ranking

Singapore leads annual index followed by Switzerland and Denmark

EconomyJune 18, 2024
Pupils at Gems Wellington Academy in Dubai. Gems is the largest private education provider in the UAE. Reem Mohammed / The National
Brookfield-led consortium to invest in Dubai’s Gems Education

Investors also include Gulf Islamic Investments, Marathon Asset Management and the State Oil Fund of Azerbaijan

BusinessJune 18, 2024
A camp on the Aguilar salt flat in Chile's Atacama region. AFP
Saudi Arabia seeks lithium deals in Latin America

Riyadh is investing heavily to transform itself into a global EV centre

EnergyJune 18, 2024
Saudi Crown Prince Mohammed bin Salman with US President Joe Biden. A US-Saudi deal could 'put the brakes on' the Saudi-China partnership, experts say. AP
US-Saudi Arabia security deal could seal future of petrodollar

The kingdom is finalising a defence treaty with the US, which is part of a broader package, reports say

EnergyJune 17, 2024
Oil tanks at an Aramco site in Abqaiq. Reuters
Saudi Aramco signs 20-year LNG agreement with NextDecade

Aramco expects to purchase 1.2 million tonnes per annum of the supercooled fuel

EnergyJune 13, 2024
An oil platform in the North Sea. Global oil demand is projected to be 3.2 million bpd higher in 2030 compared to last year, according to the IEA. Reuters
IEA: Global oil glut looms by decade's end as non-Opec+ supply grows

The agency expects an oil market surplus of 8 million barrels per day by 2030

EnergyJune 12, 2024
Sha Emirates is set to open in 2026. Photo: Sha Wellness Clinics / Imkan
Abu Dhabi's Sha Emirates Island to get self driving transport

Sha Emirates is a planned residential community designed to be the 'world's first well-being island'

PropertyJune 11, 2024
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