Articles
UAE agency will no longer fund coal or oil developments as it looks to become climate neutral
Gulf nation hopes to fast-track development of shale reserves amid high oil prices
Oil prices have gained as Hong Kong coal futures rally, rising 9%
Drilling company plans to expand its oilfield services segment
Hybrid Hippie chief executive aims to encourage ethical production while slowing consumption to benefit the planet
Around $5tn will have to be invested annually over the next 30 years to meet climate goals
The high prices are being driven by shortages in various parts of the world and skyrocketing prices for gas
The company earned a revenue of $490.1m during the period
The group expects higher demand next year on the back of improved economic activity
World oil demand is set to decline to 75 million bpd by 2050
The company has priced its shares between Dh2.45 and Dh2.65, implying an equity valuation of $5.5 billion to $6bn
Oil is at three-year high, with natural gas up nearly 84.69 per cent so far this year
The listing is Saudi Arabia's largest since the public offering of Aramco in 2019 that raised $29.4bn
The UAE is the first country in the Middle East and North Africa and only Gulf oil exporting nation to make a public commitment towards becoming carbon neutral by the middle of the century
Exclusive: Russia's third-largest oil producer sees prices averaging $50 per barrel
