Energy
Qatar-led projects are expected to provide over 50 percent of Syria’s electricity needs
Announcement aligns with TAQA's broader strategy to provide clean, certified and reliable energy for critical infrastructure
U.S. President Donald Trump's tariffs will remain in effect after a federal appeals court temporarily reinstated them
The three-day congress featured discussions on digital transformation and renewable energy solutions
The acquisition aims to advance Uzbekistan's energy sector privatization and local market enhancement
Current production levels will remain in place through the end of December 2026, ensuring stability
ADNOC Drilling will gain immediate access to earnings through two operating land drilling rigs in Kuwait and six in Oman
Oil prices climbed after a U.S. trade court ruled on Wednesday that Trump overstepped his authority by imposing global tariffs
New jack-up rigs will integrate AI and digitalization for superior efficiency and performance
Market anticipates OPEC+ decision on increased crude oil output, affecting global prices
The congress will feature a powerful lineup of global energy and policy leaders addressing the sector’s most pressing challenges and opportunities
Crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) well at a rate exceeding 500 barrels per day
Each of the six companies showed strong financial results and progress on strategic priorities
Brent was down 2 percent so far this week, while WTI was 2.7 percent lower
Crude inventories rose by 1.3 million barrels to 443.2 million barrels in the week ended May 16, the EIA said
Saudi Arabia’s ACWA Power secures CMA approval for $1.9 billion rights issue to fuel growth strategy
Subscription eligibility will be limited to shareholders registered with Edaa as of the deadline
Investors await upcoming U.S. oil stock data from the EIA later on Wednesday
UAE invested in renewable energy projects across 70 countries to support global energy justice
Both organizations will collaborate on petroleum services, operations, and maintenance for enhanced efficiency
Moody's downgrade of U.S. credit rating raises concerns about economic outlook and oil prices
Agreement grants ADNOC perpetual and exclusive rights to utilize Tubacex’s Sentinel Prime premium tubular joint connection technology
The awards cover critical sectors, emphasizing ADNOC's commitment to prioritizing local suppliers in procurement
Both contracts saw a rise of over 1 percent after the U.S. and China paused tariffs
