Articles
Apicorp adopts new green bond framework to finance energy transition
The lender recently allocated $1bn to green projects in line with its new ESG guidelines
Adnoc increases size of drilling IPO to 11% amid strong demand
The company will continue to maintain its majority 84% stake in its drilling unit
Oil prices influenced by 'transition premium', Opec chief says
Fossil fuels will remain the dominant energy source through 2045, says Mohammed Barkindo
Opec to stick to current plan, says UAE energy minister
Group set to decide whether to bring an extra 400,000 bpd of supply in October
UAE to become major player in blue hydrogen market
Opec's third-largest producer on target to achieve self-sufficiency in gas
Sharjah taps local gas supply and imports from Adnoc to meet power demand
Sharjah National Oil Company will meet the entirety of the emirate's gas demand
Gastech to highlight region’s evolving hydrogen industry
About 15,000 people are expected to attend the event, which will run from Tuesday to Thursday
Lebanon seeks clarification after Israel's offshore award to Halliburton
The US company will drill wells near Israel's disputed maritime border with Lebanon
Saudi Arabia's Acwa Power to raise $1.2bn from IPO
The company will set a final price before the offering is open to retail investors
Hurricane Ida to wipe out Opec's additional supply, IEA says
The tropical storm shut in an estimated 1.7 million bpd of output along the US Gulf coast
Oil demand to exceed pre-Covid levels in 2022, Opec says
Brent could hit $100 per barrel by the middle of 2022 if Northern Hemisphere winter is colder than usual, BofA reports
Dewa to release its green hydrogen strategy in 2022
The utility is currently undertaking a Dh50 million pilot project on hydrogen
Adnoc Drilling set to raise up to $751m from Abu Dhabi listing
The Dh2.30 per share offer price implies an equity value of $10bn
Apicorp to invest in $1bn of green projects
The Dammam bank's green assets account for $500m in loans and direct investments
Oil remains bullish despite China releasing stockpiles to offset surging energy costs
Beijing has one of the largest strategic reserves of crude in the world, estimated at 220 million barrels
