Oil is up around 40 per cent this year following a strong economic rebound from the pandemic
Earlier this year, Apple boasted a market value of $3tn, about $1tn more than Aramco’s
Abu Dhabi already has two solar parks that will have a capacity of 3.2 GW when fully operational
ADNOC Distribution posted a 7.8 per cent year-on-year increase in EBITDA, totalling Dhs881m
West Texas Intermediate futures fell below $103 a barrel in early Asian trading
The rally in oil prices has boosted the world’s biggest oil company’s shares
Crude prices have surged to around $110 a barrel in the past year
Saudi Arabia sends more than 60 per cent of its crude exports to Asia
Savings in the commercial sector between 2012 and 2021 amounted to 1.3 TWh of electricity and 2.5 billion gallons of water
Japan’s total oil imports in March amounted to 89.15 million barrels, compared to 78.51 million barrels in February
The investment in Borealis expands ADNOC’s international footprint in the fast-growing chemicals and petrochemical sector in Europe and the Americas
However, the price of diesel has been raised from Dhs4.02 in April to Dhs4.08 per litre
The IMF said it expects the bonanza “to improve fiscal and external balances” in a region that includes 13 exporters in total
These chemicals will be produced in the UAE for the first time creating new revenue streams and opportunities for local manufacturers
West Texas Intermediate futures were steady in early Asian trade after sliding 3.5 per cent on Monday
The state-owned energy company and Austrian chemicals producer plan to sell a 10 per cent stake in their Borouge plastics unit by the end of the quarter
Egypt hosts abundant solar and wind resources that enable renewable power generation at competitive costs
The bank raised its third quarter estimate to $130 a barrel
Deliberations are ongoing, and there’s no guarantee PIF will proceed with an investment
The two plants will be located in Taroudant, in the Souss-Massa region and in El Hajeb, in the Fès-Meknès region, each with a production capacity of 36MW
Oil has advanced more than 40 per cent this year
SEWA’s projects included the installation of 7,132 new lighting poles, laying 215 km of cables and installing 97 lighting boxes
The investor group will get about 10.53 per cent stake in Tata Power Renewable Energy Ltd
Kyrgyzstan is targeting reducing greenhouse gas emissions by as much as 44 per cent by 2030
The two leaders stressed the importance of further developing trade and investment cooperation
Each vessel will have a capacity of 175,000 cubic metres – enough to power 45,000 homes for a year
US crude output will grow at a slower pace than previously expected
Oil prices continue to trade near $100 a barrel
The total number of ENOC’s service stations has now risen to 15 in Sharjah and 164 across the UAE, with the number expected to reach 186 by the end of 2022
The stock is expected to start trading in Dubai around April 12