OPEC+ members are cutting output by a total of 5.86 million bpd, or about 5.7% of global demand
The fund has already begun building a portfolio of assets in the western Balkans region, with two wind farms totalling 456 MW
Aramco chief executive Amin Nasser said he expected oil demand to increase to 104 million bpd this year and to 105 million bpd in 2025
In 2024, ENOC will continue to offer industry-leading high-tech solutions to support UAE’s energy transition, says Saif Humaid Al Falasi, group CEO, ENOC
COP28 President Sultan Al Jaber called the deal “historic” but added that its true success would be in its implementation
The global stocktake has been approved by the attending nations, marking a historic moment in the fight against climate change.
A coalition of more than 100 countries have been pushing for an agreement would for the first time promise an eventual end to the oil age
Germany’s state secretary and special envoy for climate action, Jennifer Morgan, said counties were now “moving into the critical stage of negotiations”
The partnership marks an important milestone in the pursuit of a sustainable and greener future for Malaysia
Hundreds of coal mines are expected to close in the coming decades as countries transition to low-carbon energy sources
The energy transition will see UAE aiming to become a leading producer and supplier of low-carbon hydrogen as well
The two reaffirmed their commitment to facilitate the “highest possible ambition” for the COP28 climate conference scheduled to be held in Dubai
The UK and Saudi Arabia signed a declaration of intent to jointly develop resilient and responsible critical mineral supply chains
The G7 summit saw leaders speak on the banking turmoil, cryptocurrency markets, generative artificial intelligence and climate change
The total overseas investments amount to $23.2bn and its overseas equity capital is approximately $65bn
Etihad Airways’ ecoflights tested a range of operational efficiencies and technologies