Articles
Ras Al Khaimah's licensing round sees interest from Indian investors
The emirate has offered data to potential explorers
Exclusive: Total eyes UAE licensing rounds and regional renewables projects
The French oil major picked up $1.45bn worth of concession stakes in Abu Dhabi in March
Oil gains as Opec+ doubles down on compliance
Iraq, Opec's second largest producer, submitted plans to action additional cuts for overshooting its quota in May
IEA says $1tn investment needed to sustainably rebuild global economy after Covid-19
The recovery plan, proposed by the IEA, could add 1.1 percentage points to global economic growth on an annual basis
Opec expects global oil demand to shrink by 9.1m bpd in 2020
The group expects demand growth to recover in the second half of this year
Renewables accounted for 40% of primary energy growth in 2019, says BP
The company has written off $17.5bn from the value of its oil and gas business
Apicorp acquires 20% equity stake in Jordan wind project developer
The resource-poor kingdom is aiming to increase its renewable energy capacity to 2.7 gigawatts by 2021
UAE oil output capacity reached 4.2m bpd in April, energy minister says
Suhail Al Mazrouei considers the Opec+ alliance a 'permanent' group and is optimistic about producers reaching full compliance
Adnoc summit: Energy chiefs express optimism on recovery
Movers and shakers of major oil companies convened virtually at an Adnoc-hosted leaders' roundtable
Saudi Aramco completes acquisition of 70% stake in Sabic
Aramco and Sabic registered 90 million tonnes of petrochemicals production in 2019
Global oil demand not expected to recover until 2022, IEA says
Demand for crude is set to drop by 8.1m bpd in 2020 marking the largest decline in history
Apicorp slashes five-year regional energy investment outlook by 18%
The economies of the Middle East are likely to experience a W-shaped recovery, according to the multilateral lender
Iran says it signed two-year deal to export electricity to Iraq
US Secretary of State Mike Pompeo announced a 120-day waiver in May for Baghdad to continue importing electricity from Iran
Oil prices' roller coaster ride in 2020: why prices go up and down
The US crude benchmark fell to -$40 in April and rose to above $40 in June. We explain oil's volatility
Opec+ extension to tighten markets with oil trading above $40, analysts say
Opec's core Gulf members are unlikely to make additional voluntary cuts as they press laggards into full compliance
