Brent futures fell 24 cents, or 0.3 per cent, to $70.80 a barrel at 0500 GMT
Customers will be able to pay both the EV charging tariff and the parking fee in a single transaction using Parkin’s app
Borouge Group International will be jointly controlled as an equal partnership between ADNOC and OMV, with OMV injecting EUR1.6bn cash into the consolidated entity to equalise shareholding
The total energy consumption in 2024 reached 59,594 gigawatt hours (GWh), up from 56,516 GWh in 2023, DEWA’s Al Tayer announced
The adjustment comes as global oil markets experience relative stability, with Brent crude prices fluctuating around $80 per barrel in recent weeks
Under the deal, LNG cargoes will be shipped to Osaka Gas and its Singapore-based subsidiary, Osaka Gas Energy Supply and Trading
This MoU represents a transformational milestone in the development of sustainable transportation infrastructure in Riyadh
The UAE announced the retail fuel prices for February 2025, raising the rates by as much as 0.13 fils per litre compared to the month of January 2025
The growing demand for critical minerals, including lithium, cobalt, nickel, and rare earth elements, is expected to increase sixfold by 2050
ENEC and newcleo aim to provide a model for cooperation between public and private nuclear energy companies
The offering increased ADNOC Gas’ free float by 80 per cent, enhancing liquidity and providing a clear pathway for MSCI and FTSE indexation
Masdar and TotalEnergies will strengthen their cooperation to provide reliable and sustainable electricity to support Africa’s energy systems transformation
Indonesia has no nuclear power capacity
The bunker volumes were up 3.7 per cent from December, but down 6.8 per cent compared to the same month last year
The company has successfully leveraged Dubai’s economic landscape to achieve its strategic goals
The EV charging network expansion is designed to support the widespread adoption of EVs and align with the UAE’s broader sustainability goal
Powered by clean energy, the plant will produce 1.8 mtpa of methanol and will be among the world’s most energy-efficient methanol facilities
From February 1, 2025, Super 98 petrol will cost Dhs2.74 a litre, up from Dhs2.61 a litre in January, while Special 95 will cost Dhs2.63 a litre
The acquisition of a stake in a premium gas pipeline infrastructure asset marks significant investment by Lunate in energy infrastructure and strengthens its real assets portfolio
Aramco’s chief executive Amin Nasser said that oil demand in 2025 will approach 106 million barrels per day (bpd) after averaging about 104.6 million bpd last year
The country aims to boost its oil output to 4 million bpd by 2035, having previously missed a goal of reaching that level by 2020
The deal ensures a stable and flexible supply of natural gas, a cornerstone of the UAE’s energy transition
The clean energy project is expected to deliver up to 1 gigawatt of clean energy by 2030
The company’s technology team will evaluate and use the graphene produced at the Habshan complex to explore possible applications
The subsidiary will focus on the comprehensive lifecycle of nuclear energy projects, from strategic advisory and project management to operational readiness and capacity building
The investment by a wholly owned subsidiary of ADIA, Abu Dhabi’s biggest wealth fund, is for a minority stake in AlphaGen
The ArtawiGas25 facility, which is part of the gas growth integrated project, will process 50 million cubic feet per day (Mcf/d) of gas previously flared
Over the three weeks ending January 10, Brent has climbed by close to 7 per cent, while WTI has jumped nearly 8 per cent
The three contracts are part of the $15bn CAPEX that ADNOC Gas plans to invest through 2029
Taiwan Power Company awarded the contract to NMDC Energy and NMDC Dredging and Marine – the subsidiaries of NMDC Group