Jennifer Gnana

Opec production fell 650,000 bpd to average 24.85 million bpd in February

An anticipated rebound by the US fracking industry remains a challenge, leaving Opec+ firmly in control of the markets

Oil prices are close to $70 per barrel as Opec+ left production cut policy unchanged

Saudi Arabia will continue to make voluntary cuts of 1m bpd until the end of April

Capital expenditure of $50tn is required to reach the 1.5 degree Celsius goal by 2050, Wood Mackenzie says

The state-run company produces 300,000 tonnes of hydrogen annually for use in its downstream operations

The producer alliance is convening an extraordinary ministerial meeting on Thursday

The federal government will also deploy funding to support entrepreneurs in clean energy, US energy secretary says

Murban crude futures will begin trading on March 29 following its switch to forward pricing last year

Economic recovery in China, India and the US is positive for demand, Adnoc chief Dr Sultan Al Jaber says

Saudi Arabia's diversification efforts over the last five to six years are but the 'tip of an iceberg', Yasir Al Rumayyan said

The group could raise output by 500,000 to 700,000 bpd

Company also plans to switch 50 per cent of its wells under an integrated drilling services umbrella by 2022

It will support the existing Energy Strategy, which looks to add 50% clean energy into the mix by 2050

The site has a total capacity of 9,547 MW and is valued at over $12.3bn