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Oil Price
Further Oil Stock Releases by Iea Member Countries ‘on the Table’
Further releases of oil stocks by International Energy Agency member countries are on the table in the event of market disruptions, the agency's chief energ…
Oil Price
Oil Prices Fall on Us Crude Build-up and Recession Fears
The New York Stock Exchange. An Oanda analyst says energy traders believe Opec+ will do whatever is needed to support prices. ReutersOil prices dropped on Wedne…
Oil Price
Saudi’s Won’t Let Oil Stay at $75: Pioneer CEO
OPEC is likely to cut oil production again, Pioneer Natural Resources CEO said at a Goldman Sachs Conference in Miami on Thursday.Source: World OilSaudi is not …
Oil Price
Oil Swings on First Trading Day of 2023 Amid Demand Concerns and IMF Recession Warning
Fund's managing director says the global economy faces 'a tough year, tougher than the year we leave behind'IMF chief Kristalina Georgieva repeated an earlier w…
Saudi Arabia
NEOM Makes Major Progress On Green Hydrogen Production
NEOM Green Hydrogen Company’s mega-plant will integrate up to 4GW of solar and wind energy to produce up to 1.2 million tonnes of green-ammonia translatin…
Oil Price
UAE petrol and Diesel Prices to Fall in January
Motorists across the Emirates will pay less at the pumpsPetrol prices in the UAE for January have been announced. Pawan Singh / The NationalThe cost of petrol a…
Oil & Gas Trade
Aramco Refining Unit Luberef Begins Trading on Tadawul After $1.32BN IPO
Company's listing is Saudi Arabia's third-largest IPO this year after Americana and Nahdi MedicalThe Tadawul All Share Index, the Arab world's large…
Solar Power Plant
Ewec raises contribution of clean energy to 60% of its power output
Emirates Water and Electricity Company, known as Ewec, has said clean energy now accounts for more than 60 per cent of the total power it generates, in line wit…
Hydropower Plant
Borealis Signs Power Purchase Agreement With Verbund to Supply Austrian Operations With Hydropower
Borealis and VERBUND have signed a ten-year power purchase agreement to supply a yearly 220 GWh of hydropower – reportedly comparable to the amount of ene…
Oil & Gas Supply
Turkey Announces Big Boost in Black Sea Gas Reserves
Upward projection could help Ankara realise its goal of becoming an energy hub for the regionScarabeo 9, a 115-metre-long, 78-metre-high Frigstad D90-type semi-…
Hydrogen Project
Germany to Import Green Hydrogen From Algeria Under Sonatrach, VNG Pact
VNG's CTO Hans-Joachim Polk (left) and Sonatrach executive Fethi Arabi (right) sign an MoU for green hydrogen partnership.December 21 (Renewables Now) - Ger…
Solar Power Panel
UAE’s ‘BEYOND2020’ Delivers Solar-Powered Water Sources to 20,000 Rural Sudanese
ABU DHABI, 22nd December 2022 (WAM) – The UAE-led ‘Beyond2020’ humanitarian initiative has provided a safe source of water for about 20,000 residents of the …
Electricity Transmission
UAE Supplies Domestic Generators to Ukraine to Cope With Severe Winter Weather and Insufficient Power Supply
Agence Agency Abu Dhabi, December 24, 2022, today, the United Arab Emirates announced that it would deliver about 2500 household generators to civilians affecte…
Hydropower Plant
Tanzania Starts Filling the 2.1 GW Julius Nyerere Hydro Project
Tanzania has officially started filling the 2.1 GW Julius Nyerere hydroelectric power plant on the Rufiji river in Stiegler’s Gorge in Morogoro Region (ea…
Net Zero Emission
Abu Dhabi Sustainability Week Summit To Drive Climate Change Talks Ahead of Cop28
A series of events related to energy and sustainability will be held in the emirate in January 2023Abu Dhabi Sustainability Week will take place from January 14…
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