Articles
Fertiglobe shares jump 20% at start of trading on ADX
The company raised more than $795m in the third-largest ever IPO on the bourse
Global fuel shortage unlikely to derail energy transition, Bank of Singapore says
Falling wind and solar prices could further encourage more investment in renewables
Adnoc to tap into nuclear and solar power for electricity generation
It will become the first oil and gas company to completely decarbonise its power intake
Next 1,000 unicorns to come from the green industry, BlackRock CEO says
Asset manager is one of the most vocal advocates for factoring in climate as an investment risk
Iraq to invest $3bn a year to switch from liquids to gas-powered generation
Baghdad is most at risk from the global transition to net-zero by the middle of the century
Saudi Arabia to establish investment fund to combat climate change in the region
The kingdom plans to more than double its target of reducing annual carbon emissions to 278 million tonnes by 2030
Aramco and TotalEnergies open two fuel stations in Saudi Arabia
The kingdom has opened up its fuel services sector to foreign investment
Fertiglobe's first-half profit surges in 2021
Profit attributed to the owners of the company reached $198.5 million for the period
Saudi Arabia wants 30% of vehicles on Riyadh's roads to be electric by 2030
The target is part of a broader strategy to slash emissions by 50% in the capital in nine years
Taqa and Saudi Aramco to develop greenfield power and desalination project
Taqa and Marubeni will hold the majority stake in the project through a special-purpose vehicle
Energy prices surge due to higher demand and lack of investments in hydrocarbons
Oil demand could jump by 500,000 to 600,000 barrels per day if there is a severe winter, Saudi Energy Minister Prince Abdulaziz bin Salman says
UAE keen to help India add more clean power
Entities such as Adnoc are also keen to help develop the hydrogen sector in the South Asian country
Fertiglobe raises $795m in third-largest IPO on the ADX
The market value of the company upon listing is expected to be about $5.8bn
Etihad Credit Insurance to provide up to $3bn worth of guarantees for renewable projects
UAE agency will no longer fund coal or oil developments as it looks to become climate neutral
Rush to net zero could have dire consequences, says Bahrain's energy minister
Gulf nation hopes to fast-track development of shale reserves amid high oil prices
