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John Benny


Articles

Former British Prime Minister Boris Johnson laid out plans during his leadership to develop a thriving low-carbon hydrogen sector as a crucial part of the country’s transition to net zero. AP
Former UK PM Boris Johnson to address Abu Dhabi hydrogen summit

The event will feature discussions on Abu Dhabi’s low-carbon hydrogen policy and the development of green hydrogen economies globally

EnergyApril 14, 2024
Brent crude, the benchmark for two thirds of the world’s oil, has gained about 17 per cent since the beginning of the year on geopolitical risks. Reuters.
Will Iranian drone attack bring the world closer to $100 oil?

Biggest risk to energy markets comes from a possible blockage of the Strait of Hormuz, analysts say

EnergyApril 14, 2024
Duqm port, Oman. The sultanate aims to produce one million tonnes of green hydrogen annually by 2030. Reuters
How Oman plans to be a major green hydrogen exporter

Green Energy Oman, one of the largest green hydrogen projects proposed in the sultanate, will begin operations in the early part of the next decade

EnergyApril 06, 2024
An excavator clears rubble after an Israeli strike on an Iranian embassy annex in Damascus, Syria. Reuters
Oil posts second weekly gain as geopolitics takes centre stage

Futures are at a six-month high as traders weigh the possibility of Iranian retaliation

EnergyApril 05, 2024
Oil prices have gained more than 16 per cent since the beginning of the year. Reuters
Oil closes in on $90 after Opec+ sticks to supply cuts until June

The alliance reiterated the need for countries that are producing above their quotas to scale back and compensate

EnergyApril 03, 2024
Adnoc's headquarters in Abu Dhabi. The pipelines include 17 onshore and five offshore pipelines across the region, covering 806 kilometres with a total capacity of 18 million barrels per day. Courtesy: Adnoc
Abu Dhabi’s Lunate takes 40% stake in Adnoc’s pipeline assets

Adnoc Oil Pipelines was set up in 2019 to lease ownership interests in 22 pipelines from Adnoc through a concession agreement

EnergyApril 03, 2024
Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas. Reuters
US oil and gas output set for record year as climate concerns grow

Country's fossil fuel industry has continued to grow despite efforts by current administration to rein in oil and gas-related emissions

EnergyApril 02, 2024
Adnoc Gas has access to 95 per cent of the UAE's natural gas reserves. Photo: Adnoc
Adnoc Gas to invest $13bn until 2029 to boost LNG production capacity

Company aims to more than double its liquified natural gas output capacity in the next four years

EnergyApril 01, 2024
Smoke rises from an oil refinery after an attack in the eastern Ukranian region of Donbas. AFP
Oil prices up nearly 13% in first quarter on Opec+ cuts and supply concerns

US crude inventories, an indicator of fuel demand, increased by 3.2 million barrels last week, official data shows

EnergyMarch 29, 2024
A Saudi Aramco gas plant near Jubail. Taqa, Jera, and Saudi Aramco JV will construct a power plant for Amiral petrochemical complex, supplying electricity and steam by 2027. AFP
Abu Dhabi’s Taqa and Japan's Jera to develop power plant for Saudi Aramco

The facility will supply electricity and steam to the $11 billion Amiral petrochemical complex in Jubail

EnergyMarch 28, 2024
Photovoltaic panels at a solar plant on the outskirts of Beijing, China. Bloomberg
Renewable energy growth sets new record in 2023

The Middle East recorded its highest renewable capacity expansion last year, up 16.6 per cent annually, Irena report finds

EnergyMarch 27, 2024
Crude oil storage tanks in Cushing, Oklahoma. Reuters
Oil prices slump as surprise rise in US crude stocks sparks demand fears

Brent crude could reach $90 a barrel due to geopolitical tension

EnergyMarch 27, 2024
Mubadala's investment in Avanse is part of a plan to double the company’s exposure in Asia by 2030. Getty Images
Mubadala enters India’s financial services sector through Avanse investment

Avanse, backed by US-based private equity firm Warburg Pincus, provides loans to Indian students pursuing higher education

EconomyMarch 26, 2024
The trading floor of the New York Stock Exchange is busy as Reddit prepares for its IPO and techs perform well. Getty Images
Wall Street records year’s best week as tech stocks drive gains

Global financial markets were supported by an unexpected interest rate cut by Switzerland's central bank

BusinessMarch 23, 2024
The US Federal Reserve expects to cut interest rates three times this year. Lower rates support oil demand. AP
Oil steady amid expectations of easing tension and stronger dollar

The US currency gained after an interest rate cut by the Swiss National Bank

EnergyMarch 22, 2024
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