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Energy
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and managing director and group chief executive of Adnoc, says global energy demand is accelerating across every sector. Victor Besa / The National

AI growth to drive 500% surge in data centre power demand by 2040

Dr Sultan Al Jaber, at opening of Abu Dhabi Sustainability Week, said hydrocarbons remain central to growth

Energy

Adnoc Distribution opens region's 'largest superfast EV charging station'

Business InsightsFuture energy innovation must become mainstay of Gulf economies

Masdar signs power purchase agreement for 150MW solar plant in Angola

Egypt signs renewable energy deals worth $1.8 billion

Lebanon signs offshore gas deal With TotalEnergies, Eni and QatarEnergy

Trump pushes major oil executives to invest big in Venezuela



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    Rory McIlroy v Tommy Fleetwood: What is the Dubai Invitational?

  • Robina Aminian, 23, was shot in the head and killed on Thursday night as she protested in Tehran after university classes, human rights groups have said. Photo: Hengaw rights group

    Fashion student 'shot in the head at close range' in Tehran protests

  • Al Nassr's Cristiano Ronaldo, left, reacts following a coming together with Al Hilal's Hassan Tambakti. Reuters

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    Xabi Alonso sacked by Real Madrid and replaced by Alvaro Arbeloa

  • Businesses face a dilemma if they wish to withdraw benefits from employees, even if they are not included in formal contracts. Antonie Robertson / The National

    ‘Can an employer suddenly withdraw employee benefits?’

  • Last year, 68 properties valued at more than $25 million were sold in Dubai. Chris Whiteoak / The National

    Dubai sets record for sale of homes valued at more than $10m

  • Saja Kilani wears a dress that celebrates her Palestinian heritage at the Golden Globes. PA Wire

    Story behind Hind Rajab actress's Palestinian tatreez dress at Golden Globes


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Rio Tinto's offices in Perth, western Australia. Rio Tinto and Glencore had last discussed a merger in 2024. Bloomberg

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Lukoil has been weighed down by Western sanctions that may have affected Iraqi output. Reuters

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Two crude oil tankers at Lake Maracaibo, in Venezuela. A rebound in the country's output will also be supported by work in the Maracaibo Basin. AFP

Venezuelan oil output could hit 1.2 million bpd by end of 2026 without sanctions

Any recovery would reshape heavy-sour crude flows, favouring US refiners while squeezing Asia, Kpler says

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An oil glut is expected to overwhelm markets and depress prices next year. Reuters

Oil poised for sub-$60 territory in 2026 amid rising output

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Analysts say that an additional 215 million barrels of oil have accumulated on water since September, prompting comparisons with the 2020 coronavirus crisis period. Getty Images

Business InsightsWhy the build-up of oil at sea doesn't signal a collapse in demand just yet

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