Qatar vows to stop EU gas sales if fined under due diligence law, FT reports

Qatar vows to stop EU gas sales if fined under due diligence law, FT reports

Saad al-Kaabi, the chief executive of state-owned QatarEnergy, said the EU should thoroughly review the due diligence law

Oil gains as cooling US inflation points to possible easing

Oil gains as cooling US inflation points to possible easing

Brent crude futures rose 36 cents, or 0.5 per cent, to $73.30 a barrel

UAEV to introduce EV charging tariff in Jan 2025 image WAM

UAEV to implement new EV charging tariffs from Jan 2025

UAEV aims to expand its network to include 1,000 strategically located chargers across urban hubs, highways, and key transit points by 2030

Drive Terra image for illustrative purposes

ENOC, Drive Terra to launch UAE’s largest battery swapping network

With the support of ENOC, Drive Terra aims to make e-bike adoption in the UAE more accessible and efficient, helping the country to meet its ambitious environmental goals

ADNOC's XRG, bp close deal to launch new natural gas JV

ADNOC’s XRG, bp close deal to launch new natural gas JV

Arcius Energy will focus on natural gas growth to meet growing regional demand while supporting Egyptian energy security and economic development

Meet ARIF, ADNOC Distribution's new investor relations chatbot

Meet ARIF, ADNOC Distribution’s new investor relations chatbot

The chatbot ensures that users receive reliable and accurate information, available 24/7 to accommodate a global investor base

Saudi Arabia cuts oil prices amid nascent demand recovery

Saudi Arabia cuts oil prices amid nascent demand recovery

Saudi Aramco said it is lowering the official selling prices for refiners in Asia, which buy about 70 per cent of the kingdom’s crude

Goldman Sachs sees oil demand growing until 2034

Oil prices climb amid fall of Syria’s Assad regime

Brent crude futures rose 36 cents, or 0.51 per cent, to $71.48 per barrel on Monday amid the fall of Syrian President Bashar al-Assad’s regime

Saudi energy minister on why OPEC+ is not increasing output now

OPEC+, which pumps about half the world’s oil, had previously been planning to start unwinding cuts from October 2024

ADNOC, PETRONAS finalise 15-Year LNG sales agreement for Ruwais Project

ADNOC, PETRONAS finalise 15-Year LNG sales deal for Ruwais Project

The Ruwais LNG facility is poised to make history as the first LNG export terminal in the region to be powered by clean energy

OPEC+ delays oil output hike until April, extends cuts into 2026

OPEC+ delays oil output hike until April, extends cuts into 2026

The group agreed to allow the UAE to raise output by 300,000 bpd gradually from April until the end of September 2026

Saudi Aramco, Linde and SLB to set up CCS hub in Jubail

Saudi Aramco, Linde and SLB to set up CCS hub in Jubail

Captured carbon dioxide will be transported through pipelines to be stored below ground in a saline aquifer sink

Saudi Arabia signs solar deals with France’s TotalEnergies, EDF

Saudi Arabia signs solar deals with France’s TotalEnergies, EDF

TotalEnergies will build the 0.3 GW park in the Rabigh Industrial City in partnership with local Saudi developer Aljomaih Energy and Water Company

Fuel up for less: UAE petrol prices cut this December

Fuel up for less: UAE petrol prices cut this December

Depending on the type of vehicle, filling up a full tank in December will cost between Dh6.12 and Dh9.62 less compared to November

Abu Dhabi’s Masdar completes acquisition of 70% stake in Terna Energy

Abu Dhabi’s Masdar completes acquisition of 70% stake in Terna Energy

The Abu Dhabi renewable energy firm plans to acquire all outstanding shares of Terna Energy in an all-cash tender offer, subject to regulatory approval

ADNOC launches XRG Image -ADNOC

ADNOC launches $80bn lower-carbon energy, chemicals investment entity

XRG will initially focus on transformational global investments that create value across natural gas, chemicals, and lower-carbon energy solutions

ENEC, ADNOC to explore nuclear technology for O&G sector

ENEC, ADNOC to explore nuclear technology for O&G sector

With the UAE’s Energy Strategy 2050 setting ambitious goals for clean energy, the collaboration between ENEC and ADNOC is a crucial step towards achieving these objectives

UAE’s ADNOC says gas unit share sale can unlock ‘significant value’

UAE’s ADNOC says gas unit share sale can unlock ‘significant value’

The energy firm said the value of its gas unit can be enhanced by inclusion in wider market indexes and with a broader shareholder base

Abu Dhabi’s Masdar, Silk Road Fund to co-invest $2.8bn in renewables

Abu Dhabi’s Masdar, Silk Road Fund to co-invest $2.8bn in renewables

The two entities agreed to collaborate on joint investments in renewable energy projects developed, invested in, or operated by Masdar

Saudi Aramco, Sempra sign 20-year LNG offtake deal

Saudi Aramco to take on more debt, focus on dividend growth – report

The world’s top oil exporter raised $6bn from a three-tranche bond sale in July, ending a three-year debt market hiatus

OPEC Secretary General tells COP29 oil is a gift from God

OPEC Secretary General tells COP29 oil is a gift from God

OPEC has said that technologies like carbon capture can tackle the climate impact of burning fossil fuels

Türkiye plans IPOs for state energy companies, minister says

Türkiye plans IPOs for state energy companies, minister says

State-owned energy companies include electric transmission company TEIAS, electricity producer EUAS, gas grid operator BOTAS and oil and gas developer TPAO

TAQA, Jera and Albawani capital to develop 2 power plants in Saudi Image courtesy TAQA For illustrative purposes

TAQA, JERA, Al Bawani Capital to develop 2 power plants in Saudi Arabia

Each project will have a capacity of 1.8 GW, collectively contributing to Saudi Arabia’s ambitious energy mix strategy

Masdar, SOCAR Green secure funding for Azerbaijan solar projects

Masdar, SOCAR Green secure funding for Azerbaijan solar projects

Masdar and SOCAR Green broke ground on the Bilasuvar and Neftchala solar parks in June 2024

Masdar signs PPA for 1GW wind farm in Kazakhstan’s Jambyl region

Masdar signs PPA for 1GW wind farm in Kazakhstan’s Jambyl region

Construction of the Jambyl wind farm is expected to begin in the first quarter of 2026, with the project slated for completion by 2028

Masdar Signs Agreement to Develop 1GW Mingbulak Wind Farm in Uzbekistan

Masdar to develop 1GW Mingbulak Wind Farm in Uzbekistan

The new agreement reinforces Masdar’s dedication to building clean energy solutions in partnership with global markets, furthering its role as a key player in the UAE’s climate leadership and international collaborations

ACWA Power secures $238m for Azerbaijan's largest wind farm project 

ACWA Power secures $238m for key Azerbaijan wind farm project 

Once completed, the Absheron-Khizi Wind Farm will not only help diversify Azerbaijan’s energy mix but also contribute significantly to reducing the country’s carbon footprint

QatarEnergy acquires 23% of offshore Egypt block from Chevron

QatarEnergy acquires 23% of offshore Egypt block from Chevron

Chevron will keep a 40 per cent share in the concession agreement for the North El-Dabaa block following the deal

ADNOC Gas boosts capex to $15bn on booming LNG market

UAE’s ADNOC Gas boosts capex to $15bn on booming LNG market

The energy firm is expanding processing capacity at home by taking control of a coastal LNG plant from ADNOC Group

ADNOC L&S awards $4.4bn contracts to build 23 supertankers

ADNOC L&S awards $4.4bn contracts to build 23 supertankers

The company is executing a transformative growth strategy encompassing fleet expansion and global market entry