#energy
Challenge for governments that rely on high oil prices
Vortex Energy is expanding its reach and scope to cover wider energy transition sectors and geographies
After a meeting of the eight countries held online on Thursday, the group announced it would boost output by 411,000 bpd in May
The deal, which is subject to regulatory approvals and other conditions, will see Masdar acquire a 49.99 per cent stake in four solar plants in Spain
Speaking at CERAWeek, Dr Sultan Ahmed Al Jaber called for pro-growth, pro-investment energy policies; and emphasised AI’s dependence on energy
The UK-incorporated platform will invest in venture capital (VC) stage companies developing physical and digital decarbonisation technologies
GE Vernova announced plans to expand its GE Saudi Advanced Turbines (GESAT) facility in Dammam to locally manufacture high-voltage gas-insulated switch gears
The total energy consumption in 2024 reached 59,594 gigawatt hours (GWh), up from 56,516 GWh in 2023, DEWA’s Al Tayer announced
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 partnership agreements provide frameworks for investment in the life sciences value chain, resource development and digital infrastructure
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
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
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 executive director of Sustainable Development at Masdar City gives us insights into its groundbreaking green building certifications, such as LEED Platinum, its recent white paper and focus on decarbonisation
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
This landmark deal enhances The Arab Energy Fund’s offerings in energy infrastructure and sustainable water solutions, particularly in the Middle East, Africa, and Asia