Bullion is up more than 30 per cent this year, and could extend gains as governments and central banks respond to slowing growth with vast amounts of stimulus
The Solar Park project is the largest single-site solar power plant in the Middle East
AI system leads to 36 per cent less energy usage per year while reducing operators from 110 to five
China’s state-owned oil giant is reportedly conducting advanced discussions with BP for a 10 per cent stake in the Khazzan natural gas field
Amazon riding an e-commerce and cloud computing wave as people shelter-in-place due to Covid-19
OPEC and allied producers have started to ease output curbs amid weakening demand
The plan is in its inception stage and could still change
Petrol prices will stay the same for the fifth consecutive month
The project will be able to generate more than 42 megawatts of energy per year
Al Dhafra Solar PV project is expected to provide approximately 160,000 households across the UAE with electricity
The extra oil going toward power may limit the price impact of OPEC’s plan to taper output restrictions from next month
ADNOC and its partner, ADQ, agreed to invest in and manage downstream activities at the planned Ruwais Derivatives Park
GP Global Group started the restructuring effort as the virus swept through economies around the world
Members of the Oil & Gas Climate Initiative pledged to reduce the carbon intensity of their operations to between 20 and 21 kilograms of carbon dioxide per barrel of crude equivalent by 2025
The plant will process 200 tonnes of cellulose and carbon-based waste daily
Located in Al Dhafrah, the Barakah plant is one of the largest nuclear energy new build projects in the world
Producers as well as their allies have slashed exports as OPEC+ embarked on its biggest-ever joint oil production cuts amid reduced demand
While oil prices have recovered to $43 a barrel in London, from a two-decade low of $15.98 in late April, sentiment in the market remains fragile
The project will be located at Neom on the Red Sea coast in northwestern Saudi Arabia
With regional businesses now allowed to return back to offices, how are they handling the transition?
Froehlich spent 16 years working at Morgan Stanley in Europe and the Middle East
Sustainability must take priority as economies begin the process of recovering from the impact of the coronavirus
As much as 60 billion tons of emissions, about twice what the world spewed out in 2019, could be prevented if money is spent in these new markets
The Organization of Petroleum Exporting Countries cut production by 1.93 million barrels a day to 22.69 million a day last month
Taqa has 23 gigawatts of power-generation capacity globally, with assets in Canada, Ghana, India, Iraq, the US and several other countries
Brooge is adding eight tanks at the site in the UAE port of Fujairah
Prices are unchanged from April 2020
A surge in cases across the southern and western US is causing states to reinstate measures, threatening the outlook for oil demand
US gasoline futures tumbled the most in two months amid fears that lockdowns may need to be re-imposed
A consortium of investors will collectively acquire a 49 per cent stake in ADNOC Gas Pipeline Assets