Articles
Oil rises amid vaccine rollout and a tanker attack in the Red Sea
The benchmarks moved higher after an attack on a Singapore-flagged vessel off the western coast of Saudi Arabia
A green pandemic recovery could slash CO2 emissions by a quarter by 2030, UN says
The report recommended prioritising green fiscal recovery including direct support for zero-emissions technologies and infrastructure
Adnoc and Exxon Mobil to jointly explore upstream R&D opportunities
The US oil major is a stakeholder in Upper Zakum field, which is being developed to reach 1m bpd capacity by 2024
Adnoc awards onshore block to Occidental in second bid round
The US oil company is paying Dh514m for exploration rights to onshore Block 5
Why 2020 was a milestone year for Adnoc
The company attracted $16.8bn in foreign investment across its value chain through a number of agreements
Iraq's economy on the brink as Covid-19 and dwindling oil revenue bite
Even in a 'benign scenario', around 5.5 million Iraqis could be pushed into poverty, according to the World Bank
Opec+ agrees to gradual increase in output from January
Alliance will draw back 7.2 million bpd, reversing the 7.7 million bpd of curbs in place since August
Saudi Aramco expands localisation programme targetting new sectors
The local manufacturing component required by Aramco from its partners rose to 56% in 2019, compared with 35% in 2015
Opec expects oil demand to remain at current levels well into the new year
Development of a Covid-19 vaccine delivers ‘light at the end of the tunnel’
Opec+ postpones meeting as producers disagree on curbs for 2021
Oil falls for a second day following the group's contentious meeting on Monday
Oil loses momentum amid lack of Opec+ consensus
The 23-member alliance is set for a challenging meeting
Oil rounds off fourth week of gains amid vaccine-fuelled optimism
Opec is set to meet for its annual meeting on December 1, alongside non-member producers led by Russia
Opec set for annual meeting to discuss next phase of oil production policy
With a new president in the White House, the group's rival shale industry poses less of a threat
Online holiday spending in the US to reach $189bn this year
E-commerce sales during the Black Friday and Cyber Monday sales periods are expected to surge to $10bn
Governments urged to bridge the digital divide as connectivity becomes essential
Narrowing the gap will help shape economies and societies post-Covid-19, new OECD report finds
