Articles
Lower oil price causes slide in Saudi Aramco's net profit
Company's capital expenditure for 2021 is expected to be about $35bn
RTA awards Dh542m a year Dubai Metro contract to a French-Japanese consortium
The agreement covers 15 years and requires the consortium to hire Emiratis to fill senior, technical and administrative positions
Adnoc and Petronas agree to explore oil and gas opportunities in Abu Dhabi
The two state oil companies will look at exploration and production possibilities in the emirate
Oil unlikely to remain bearish for long after worst weekly slump in a year
Crude benchmarks fall by 7% amid concerns over inflation and a rise in US crude inventories
Crypto-based businesses can set up in DMCC
The free zone's Crypto Centre will offer bespoke licences and a range of incentives to prospective businesses
Global uncertainty continues over decarbonisation technologies
Uptake of carbon abatement technologies is 'highly or very highly uncertain', new report by World Energy Council says
Oil at $70 does not signal return of a supercycle, IEA says
The agency expects world oil demand to recover 63% of the volume lost in 2020 due to the pandemic
Commodity supercycle to persist for a few years, Saxo Bank says
Crude benchmarks Brent and WTI are above 30% since the beginning of the year
Middle East primed to tap into green hydrogen, Natixis says
Trackrecord of developing low-cost renewable capacity in the Middle East can boost hydrogen economy in the region
Germany's Wintershall Dea cautiously watching Libya as it eyes hydrogen
The North African state plans to increase production to 1.45 million bpd by the end of the year
Opec expects oil demand to recover in the second half of 2021
Opec production fell 650,000 bpd to average 24.85 million bpd in February
Why US shale and oil producers may struggle to stage a comeback
An anticipated rebound by the US fracking industry remains a challenge, leaving Opec+ firmly in control of the markets
Aramco 'well placed' to meet its $75bn dividend payout, BofA says
Oil prices are close to $70 per barrel as Opec+ left production cut policy unchanged
Oil prices surge as Opec+ to keep output cuts unchanged
Saudi Arabia will continue to make voluntary cuts of 1m bpd until the end of April
Global carbon pricing has to rise sharply to reach Paris Agreement targets
Capital expenditure of $50tn is required to reach the 1.5 degree Celsius goal by 2050, Wood Mackenzie says
