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Country burned 1.006 million bpd directly to generate electricity from January to June 2024
Brent crude futures for November rose by 3 cents to $71.64 a barrel
This project enables MoEI to deliver proactive services, request data just once, and exchange digital documents in real time
Brent crude futures climbed by 34 cents, or 0.5 percent, reaching $72.31 per barrel
Event to address energy and water challenges and integrated cross-border cooperation
Company confirmed the successful and safe completion of the South Andaman drilling campaign, with the appraisal of the Layaran discovery
The offering comprised 1.15 billion shares of the company, 23 percent of total capital, priced at AED 2.8 each
Aramco's agreement with Hengli Group enables talks for a potential 10 percent stake acquisition
Brent crude futures for November rose by 40 cents, or 0.6 percent, reaching $71.01 per barrel
This is equivalent to 807 cars off the road
Aramco has also launched initiatives to enhance advanced digital solutions in its operations
The report indicates that Dubai attracted 10.62 million international visitors from January to July
Brent crude futures increased by 39 cents, or 0.6 percent, reaching $69.58 a barrel
The QC-Max vessels are the largest LNG carriers, each with a 271,000 cubic meter capacity
The LNG will primarily be sourced from ADNOC's Ruwais LNG project
Brent crude futures fell by 4 cents, or 0.06 percent, settling at $72.80 a barrel
Brent crude futures rose by 99 cents, or 1.39 percent, to $72.05 per barrel
Overall, OPEC+ is cutting output by 5.86 million barrels per day, about 5.7 percent of global demand
The company aims to address utility demands amid population growth
The plant now provides up to 25 percent of the UAE’s electricity, enough to power 16 million EVs annually
The net proceeds from this issuance will be utilized by ADNOC Group for general corporate purposes.
Brent crude futures for November rose by 15 cents, or 0.1 percent, to $72.85
ADNOC will acquire a 35 per cent equity stake in the facility that will be capable of producing up to 1 billion cubic feet daily of low-carbon hydrogen
In July 2024, Masdar successfully raised $1 billion through its green bond issuance under its Green Finance Framework
