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The minister said the group is likely to reduce its output cuts to between 6 to 5.7m bpd until April 2022
The 1.2 million bpd greenfield integrated refinery and petrochemicals complex is being planned in Maharashtra
Markets are also factoring in the return of Iranian barrels if Joe Biden, the Democratic candidate, becomes the next US President
The International Energy Agency urged countries to pursue a green transition in its annual outlook
The increase comes after a 4% annual reduction in demand for gas globally
One company estimates it will be producing over 10 million litres of drinking water purely from the air in Saudi Arabia alone
The group of exporters sees oil demand reaching 103.7 million barrels per day in five years.
In the first 15 years of climate change mitigation policy, GDP is expected to rise by about 0.7% on average, the lender said
The emirate derives 9% of its energy needs from clean sources, according to Dewa
The airport operator saw its full-year traffic fall for the first time since 2008-09 financial crisis
A panel of experts will be tasked with supporting and sharing developments and will include an advisory team
Libyan production coming back on stream is also adding downward pressure on crude prices
The MoU will look to “accelerate growth opportunities” in the Islamic banking and financial sector
Abu Dhabi intends to generate half of its power requirements from clean energy sources by 2030
Washington's maximum pressure strategy has already squeezed exports by half to 200,000 bpd, according to FGE
