Articles
Global renewable energy capacity expansion rose by 50% in 2023
Renewable capacity is already 'on course' to increase by two-and-a-half times by 2030, agency says
Alpha Dhabi transfers stake in US company to Adnoc Drilling JV
The stake in Gordon Technologies has been valued at about $180 million
Business energy projects could lead to $2tn in annual global savings
Actions taken to reduce demand could eliminate the need for 3,000 extra power stations by the end of the decade, World Economic Forum report says
Oil prices fall as demand concerns offset Middle East supply fears
Libya’s National Oil Corporation has declared force majeure at the Sharara oilfield after it was shut down by protesters
Saudi Arabia’s Avalon Pharma to list 30% stake on Tadawul
The book-building process for the share offer will run from January 14 to 18
Oman signs oil and gas concession agreement with CC Energy Development
The agreement reflects Oman's commitment to expand exploration and prospecting for oil and gas, sultanate's energy minister says
Saudi Arabia’s Tadawul launches index to track top 50 companies
Stocks in the new index comprise companies that cover 90 per cent of Tadawul’s free float market cap
Will Saudi Arabia gold discovery offer major boost to its economy?
Mining is a key component of the kingdom’s drive to attract foreign direct investment as part of its Vision 2030 plan
Taqa consortium wins bid to develop $408m Saudi reservoir project
The project will help meet peak demand in Makkah and Madinah during the Hajj season
Oil prices rise in new year on Red Sea supply concerns
Crude futures recorded their biggest annual drop since 2020 last year as US oil production hit record
Global economy to slow further in 2024, analysts say
Geopolitical tensions and the state of the US and Chinese economies are among factors that will determine if there will be a soft landing next year
Oman’s green hydrogen projects to support GDP growth, Fitch says
Main effect of development plan in near term to be on investment and employment
Oil prices post biggest weekly gain in two months on Red Sea disruption fears
Angola’s departure from Opec will have limited impact on crude market, analysts say
Saudi Arabia’s Petro Rabigh inaugurates carbon capture project
It will be able to capture 300 metric tonnes of carbon dioxide per day from Petro Rabigh's chemicals plant
Red Sea tension could affect Europe’s LNG deliveries, experts say
LNG shippers from the US and Qatar may need to opt for longer routes to avoid the Suez Canal
