Articles
Overall revenue climbed 11.3% to about $3.3bn in the third quarter
Company's growth in revenue and profit is supported by reopening of the UAE economy
Oil prices are currently trading at multiyear highs as economies reopen
The group will stick to its current moderate pace of supply increments that will involve 2 million bpd being returned to markets by the end of the year
Demand will plateau, growing at a rate of 2.2% beyond 2023
Prices are also up because of underinvestment in the sector, which led to tighter supply
Under the proposed model, the carbon price floor would be higher for rich nations than for poor and middle-income countries
Crude prices have surged in recent months as economies reopen after months of lockdowns
Oil prices are at multi-year highs and have more than doubled year-to-date
The state-backed utility has a bulk of assets in gas-fired and renewable power plants
The bank expects Brent to reach $100 per barrel by mid-2022 in the event of a cold winter
Natural gas prices, which are linked to crude, have doubled this year
The Arab world's most populous country enjoying a gas bonanza after discovery of the huge Zohr gas field
About 2.6 billion people across the world do not have access to clean cooking fuel
Hydrogen has become a popular alternative fuel among Gulf oil producers
