Advanced biofuels, made from plant-based waste material, can help cut carbon emissions in aviation and maritime sectors
The company’s Q3 2022 revenues increased 52 per cent year-on-year to total $1.32bn
The partnership will play an important role in upskilling the UAE’s technical workforce, as well as driving the development of the engineering and manufacturing knowledge pool
Held under the theme of ‘The future of energy: secure, affordable and sustainable’, ADIPEC brought together global leaders to discuss critical issues around energy security and sustainability
Oil has lost almost a third of its value since early June as concerns over a global economic slowdown filter through the market
The agreements were awarded to ADNOC Drilling Company, Schlumberger Middle East and Halliburton Worldwide Limited Abu Dhabi
The UAE has launched seven strategic hydrogen production projects and is expected to produce 14 to 22 million tonnes annually by 2050
The two nations will collaborate to advance their net-zero goals and provide funding for sustainable energy projects in emerging economies
Aramco’s net income was $41.6bn in the third quarter, slightly above analysts’ expectations
Both companies will examine short and longer term LNG supply and trading optimisation opportunities
On October 5, the Organization of Petroleum Exporting Countries and its partners announced they would lower their output targets from November
The price of Super 98 has been increased to Dhs3.32 per litre
ConocoPhillips will take a 6.25 per cent stake in the project, out of a 25 per cent interest available for international partners
The company is also in talks with the Lebanese government regarding the offshore gas block
The company’s revenue for the three months ending September 30, grew 8 percent year-on-year to equal $1.67bn
Masdar aims to add to existing projects in the kingdom, including a 400MW wind farm and a 300MW solar power plant
The partnership will focus on projects of mutual interest in refined products, liquefied natural gas, renewables and hydrogen
Crude is on course to gain in October following a run of four monthly declines
Investors are concerned about slowing demand as central banks raise interest rates to curb inflation
The Public Investment Fund said it started the Regional Voluntary Carbon Market Company with Saudi Tadawul Group
The acquisition will support Masdar’s offshore wind and renewables investment strategy
The firm has said it expects the minimum dividend to remain at $231m annually for two years after the IPO
Shell will take a 9.375 per cent stake in North Field South, which will expand Qatar’s LNG output capacity by 16 million tons a year
Stretching 50,000 feet, the well is around 800 feet longer than the previous world record set in 2017
The contract, the biggest in the Milan-based company’s history, involves the installation of two offshore gas compression complexes in the North Field
The plant will have an installed capacity of 7-megawatt peak and will provide electricity to the Khazna Abu Dhabi 6 facility
The group agreed on October 5 to reduce its collective crude-output target by 2 million barrels
West Texas Intermediate futures traded near $86 a barrel after sliding almost 4 per cent on Friday
Siraj Energy was established to finance, build, operate and maintain solar power facilities
The company will build about nine gigawatts of solar power and phase out roughly seven GW of conventional gas plants in this decade