Articles
Engie-led consortium reaches financial close on Jubail desalination plant
The plant, which is based on reverse osmosis technology, will produce 570,000 cubic metres per day of potable water supply
Fertiglobe to join Adnoc's blue ammonia project in Ruwais
Blue ammonia is a more easily transportable fuel source made from blue hydrogen
Brent rallies to above $75 for first time in more than two years as market fundamentals tighten
The oil benchmark is up 40% this year as the world's largest economies rebound from the pandemic
Oil prices could reach $80 per barrel, Iraq's Oil Ministry says
Crude continued to rally following the election of Ebrahim Raisi as Iran's new president
US likely to set higher social cost of carbon next year, Bank of Singapore says
Carbon taxes are an indirect form of taxation, which charges emitters for each tonne of greenhouse gas that is emitted
Adnoc awards $510m contract to Saipem to expand capacity at Shah gas plant
Expansion project will increase plant capacity by 13% to 1.45 billion cubic feet per day by 2023
China's Didi reports net loss of $1.6bn for 2020 as it prepares for listing
The SoftBank-backed company plans to go public in one of the largest initial public offerings of the year.
Generation start-up: how an online yoga studio is using AI to promote wellness
ShalaOnline is currently looking to raise capital for an expansion in Saudi Arabia
Global oil demand to return to pre-Covid levels by end of 2022, IEA says
Opec+ is expected to meet the growing demand for crude and products, the agency added
Opec leaves demand outlook unchanged amid signs of economic recovery
The US, will be the largest contributor to oil demand growth this year, Opec said
Wind could help green hydrogen achieve cost parity with fossil fuels, Siemens Gamesa says
Demand for the clean, alternative fuel is expected to reach 500 million tonnes by 2050
Dubai's Yellow Door Energy to develop Bahrain's largest rooftop solar plant
Panels on top of Bahrain Mall will generate up to 10 million kilowatt-hours of clean energy in its first year of operation
Covid-19 to exacerbate gender wage gap in least developed countries
LDCs are a group of 46 nations with more than 1 billion population that are heavily reliant on few exports for revenue
Oil continues rally with benchmarks trading above $70 per barrel
WTI and Brent continued to gain amid stronger demand for crude, backed by a resurgent global economy
A trillion dollars of investment needed to help the developing world reach carbon neutrality, IEA says
The requirement is nearly seven times the $150bn spent on energy transition by emerging and developing economies in 2020
