Articles
Saudi Arabian petrochemical companies start 35.6bn riyal merger talks
Talks between Saudi Industrial Investment Group and National Petrochemical Company are at an early stage
Adnoc signs in-country value partnerships with Mubadala and Enec
The companies will explore opportunities to localise critical parts of their value chain
Libya to resume production and exports from secure fields and ports
Blockades have resulted in lost oil production worth $6.5bn since the start of the year
UAE pledges 100% compliance with Opec+ cuts in September
Demand recovering amid lifting of lockdowns by many countries
Saudi Arabia urges full compliance with Opec+ pact
Prince Abdulaziz says deferred compliance is not an option
Taqa secures Dh1.08bn in private bond placement for Moroccan unit
The issuance lowers funding costs and helps extend the company’s debt repayment profile
Abu Dhabi Ports plans to halve emissions through digitalisation
Smart containers will reduce power usage effectiveness by more than 20% and slash carbon emissions by half
Opec+ set to review compliance amid heightened oil market fragility
The exporters’ group sees demand declining by 9.5m bpd, resulting in an overall demand of 90.2m bpd in 2020
Iraq appoints oil minister as head of its national oil company
The Iraq National Oil Company, which was established in 1966, has had a largely nominal role
Italy's Eni discovers gas field offshore Egypt's Nile Delta
Egypt has benefited massively from its 2016 discovery of the Zohr gas field
Dubai reduced carbon emissions by 22% in 2019
The emirate's carbon emissions have reduced over the last four years, the authorities said
Energy historian Dan Yergin releases new book on oil's new reality
The New Map: Energy, Climate and the Clash of Nations is published by Penguin Random House
Oil markets to remain fragile for the rest of 2020, IEA says
The International Energy Agency expects demand growth for 2021 at 5.5m bpd
BP signals end of oil demand growth
In its rapid transition scenario, the company forecast carbon emissions to decline 70% by 2050
Opec cuts oil demand forecast for 2020 and 2021
Oil demand is expected to decline by 9.5m bpd, resulting in overall demand for crude at 90.2m bpd this year
