The policy will enable necessary investments into EV charging infrastructure in Abu Dhabi and encourage consumers to purchase and use EVs in the emirate
The Sharjah Waste to Energy plant will divert up to 300,000 tonnes of waste from landfills annually
ADNOC, BP and Masdar also agreed to explore the production of sustainable aviation fuels in the UAE
Oil markets remain in backwardation, a bullish pattern in which near-term prices trade above longer-dated ones
Some issues to be discussed at Davos 2022 include the Ukraine crisis, the lingering threat of the pandemic, inflation and the shifting geopolitical influence.
The compact station is equipped with eight dispensers, allowing for fuelling on both sides of the station
The IPO subscription period has commenced today, May 23, and will close for retail investors on May 28, 2022
Oil markets remain in backwardation, a bullish pattern that’s marked by near-term prices trading above longer-dated ones
ADNOC said that the new finds totalled 650 million barrels of oil
Investors have shunned equities and many commodities after Federal Reserve officials reaffirmed much tighter monetary policy lies ahead to cool an overheating economy and tame inflation
ACWA Power earned an operating income before impairment loss and other expenses of SAR517m, which was 19.5 per cent higher than the same period in 2021
Soaring demand ahead of the peak US driving season is sending refining margins to extraordinary heights
Sheikh Khalifa became President of the UAE on November 3, 2004, and remained in that role until his death on May 13, 2022
Oil has rallied by more than 50 per cent this year in extremely volatile trading
Aramco’s output averaged 10.2 million barrels a day between January and March, up 20 per cent year-on-year
Dubai’s main power and water company also reported a 15 per cent growth in Q1 2022 revenues to Dhs5.068bn
Oil is up more than 40 per cent this year as economies rebound from the pandemic
Demand for products from plastics to paint has soared in the past year with economies recovering from the coronavirus pandemic
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