Tag: Energy Sector
Oman to generate 60% of its electricity from renewable sources; Report
Oman aims to meet 60 percent of its national energy demands from renewables, such as solar and wind turbines by 2040, as part of...
Bahrain pledges to support energy efficiency goals through strategic plan
Bahrain's solar energy industry has a bright future with innovative technology currently in place. Solar energy will become the most important source of energy...
OPEC+ delayed production decision tests group’s coordination capacity; Fitch
American credit rating agency, Fitch Ratings has stated that the OPEC+ has delayed its decision on the extent of crude oil production increases, raising...
Global push towards renewables will create 122mn jobs by 2050; IRENA
The pathway to limit global warming to 1.5° Celsius by 2050 is expected to create about 122 million energy-related jobs, more than double the...
Oman’s PDO & EDO plan a new renewables-based IPP in the...
Oman’s leading oil and gas exploration & production company, Petroleum Development Oman (PDO), and its parent holding company Energy Development Oman (EDO) are planning...
Qatar Petroleum-Total consortium wins two offshore exploration blocks in Suriname
A consortium including Qatar Petroleum has been awarded two offshore blocks in Suriname, under Production Sharing Contracts as part of the latest Suriname offshore...
ADNOC awards $510mn worth contract to Italy’s Saipem for gas...
UAE state-owned oil company, Abu Dhabi National Oil Company (ADNOC) has awarded the Italian multinational oilfield services company Saipem a $510 million (AED1.87 billion)...
Hydrocarbon investments must be raised to curb oil & gas price...
More investments in hydrocarbons are vital to avoid spikes in oil and gas prices and increased environmentally sensitive ways to achieve net zero-emission is...
