Energy
For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion
Al Ghais highlighted OPEC’s role in addressing global issues like climate change, energy transition
Amin Nasser highlights mutual opportunities for economic growth and investments
Partnership strengthens Qatar's position as a leading LNG exporter
Al-Ghais highlighted that calls to abandon oil were "wrong" and "unrealistic"
The country is taking steps to align fuel prices with international markets
The LNG deliveries from Oman to Germany scheduled between 2026 and 2029
Through Project Landmark, companies and brands can secure naming rights for Emarat's service stations
Nasser emphasizes the effectiveness of carbon capture in mitigating greenhouse gasses
Modern Gas generated revenues of $55.2 million in 2023
OPEC+ extends output cuts amid market dynamics and global demand predictions
Strategic deal reinforces ADNOC's role in global energy transition
The dividend will be paid to all record shareholders as of March 21, 2024, on or around April 3, 2024
Total dividends paid rises 30 percent year-on-year
Stability attributed to relatively mild winter, robust stockpiles
Challenges and opportunities amid geopolitical conflicts, pandemic recovery and climate change
The oil output cut is in addition to the voluntary cut of 144,000 bpd previously announced by the UAE in April 2023
Petrol prices will go up by 15-16 fils starting next month
The agreements are aimed at fostering localization and supply chain development
The company will allocate $250-$300 million annually for CAPEX
Jafurah field's resources reach 229 trillion cubic feet of gas and 75 billion barrels of condensate
Egypt is creating favorable opportunities for companies interested in investing in the country
Strategic agreement signals new era of economic cooperation
