Tag: Energy
OPEC+ reaches agreement to gradually increase output from January
After almost a week of tense negotiations that revealed a new rift at the center of the group, OPEC+ (Organization of the Petroleum Exporting...
Siemens, Porsche join for world’s first climate neutral e-fuel plant
The German multinational firm Siemens Energy has partnered with automobile manufacturer Porsche and other international companies to develop the world's first integrated, commercial, industrial-scale...
Masdar, Tribe set up a joint venture to develop energy from...
Abu Dhabi’s leading energy renewable company, Masdar and Tribe Infrastructure Group, an advisory and development firm, will partner in the deployment of utility-scale energy-from-waste...
Oil prices recorded straight 4th week gain fueled by vaccine hopes
Oil prices marked a straight fourth week of gains driven by the hopeful news about the COVID-19 vaccine and the OPEC+ producers meeting to...
Global energy sector needs a transition to sustainability: Aramco executive
The mass production, storage and global distribution of any successful vaccine for COVID-19 would depend on the energy sector, says Ahmad Al-Khowaiter, chief technology...
ADNOC to host global CEO roundtable to address issues in the...
Abu Dhabi National Oil Company (ADNOC) will host a roundtable with over 30 global chief executives from the world's leading oil, gas and petrochemical...
Chevron eyes promising Middle East over the US
After years of concentrating on US shale, Chevron Corp, the American multinational energy giant, is staking its natural gas future on the Middle East...
Investments in MENA gas projects to increase despite fuel demand drop
According to Arab Petroleum Investments Corp (Apicorp), a multilateral development bank, investment in natural gas projects across the Middle East and North Africa (MENA)...