Articles
Opec to remain flexible even as it plans for possible output increase
Kuwait's oil minister suggested before the meeting that the group could revise its output supply lower, if needed
Abu Dhabi to issue clean energy certificates to encourage decarbonisation
The permits are tradeable financial instruments that can be used as credits to claim environmental and social benefits
Non-hydro renewables to form 72% of global power capacity growth by 2030, Fitch says
Coal has come under increasing scrutiny, with several lenders urged to phase out financing for the sector
Masdar unveils 100MW Uzbek solar plant
The Nur Navoi facility will be able to power 31,000 households and offset 150,000 tonnes of carbon dioxide on an annual basis
Oil prices end the week more than 10% higher
Market sentiment remains positive after China recorded zero Covid-19 cases last week
ADX cuts trading commissions by 50% and extends trading by an hour
The DFM also said it would extend its trading by one more hour from October 3
How China plans to power 20,000 homes with the world's largest wind turbine
It has a total swept area equivalent to more than six football fields
Egypt to develop hydrogen hub with Germany's Siemens
The Egyptian Electricity Holding Company and Siemens Energy will develop a pilot project with 100 to 200MW of electrolyser capacity
Mubadala Petroleum plans South-East Asia expansion to tap into rising energy demand
The company is currently working on a new strategy to diversify its energy portfolio
Iraq approves BP's plans to spin off Rumaila oilfield
Oil company's exit comes as it and industry peers face a challenging environment operating in Opec's second-largest producer
Adnoc's maritime arm acquires six line boats
The vessels were procured from Sharjah-based Albwardy Damen
Oil rebounds as China contains spread of Delta strain
Commodities including oil fell last week after the Fed indicated rolling back its quantitative easing policy
Adnoc agrees to $1bn engineering services contracts with eight contractors
The UAE company is working to raise output capacity to 5 million bpd by 2030
Adnoc Distribution to be included in FTSE Emerging Markets Index
The company, which is listed on the Abu Dhabi Securities Exchange, was added to the MSCI Emerging Markets Index last year
Stocks rattled and oil falls to lowest since May as Fed looks to roll back purchases
The relaxation of the US quantitative easing programme hinges on labour market recovery
