Articles
Energy prices surge due to higher demand and lack of investments in hydrocarbons
Oil demand could jump by 500,000 to 600,000 barrels per day if there is a severe winter, Saudi Energy Minister Prince Abdulaziz bin Salman says
UAE keen to help India add more clean power
Entities such as Adnoc are also keen to help develop the hydrogen sector in the South Asian country
Fertiglobe raises $795m in third-largest IPO on the ADX
The market value of the company upon listing is expected to be about $5.8bn
Etihad Credit Insurance to provide up to $3bn worth of guarantees for renewable projects
UAE agency will no longer fund coal or oil developments as it looks to become climate neutral
Rush to net zero could have dire consequences, says Bahrain's energy minister
Gulf nation hopes to fast-track development of shale reserves amid high oil prices
Brent rallies above $85 amid ongoing energy crunch
Oil prices have gained as Hong Kong coal futures rally, rising 9%
FTSE adds Adnoc Drilling to three indices as board approves growth plans after IPO
Drilling company plans to expand its oilfield services segment
How one Dubai company is trying to revolutionise mindful consumption
Hybrid Hippie chief executive aims to encourage ethical production while slowing consumption to benefit the planet
Inaction over climate change could slash global GDP by 3% annually by 2030, BofA says
Around $5tn will have to be invested annually over the next 30 years to meet climate goals
Oil set to continue rally amid growing global demand
The high prices are being driven by shortages in various parts of the world and skyrocketing prices for gas
Abu Dhabi Ports Group's first-half revenue surges 21% in 2021
The company earned a revenue of $490.1m during the period
Opec maintains 2022 outlook and expects oil demand to surge beyond pre-Covid levels
The group expects higher demand next year on the back of improved economic activity
Clean energy investment needs to triple over the next decade, IEA says
World oil demand is set to decline to 75 million bpd by 2050
Fertiglobe IPO may raise as much as $827m
The company has priced its shares between Dh2.45 and Dh2.65, implying an equity valuation of $5.5 billion to $6bn
Brent nears $85 amid continued energy shortage
Oil is at three-year high, with natural gas up nearly 84.69 per cent so far this year
