Energy

Chinese startup introduces innovative nuclear battery

Atomic energy breakthrough could revolutionize tech industries

Crude exports surge in Saudi Arabia, reaching five-month high

Saudi refinery output declined by 0.47 percent, reached 2.11 million bpd

End-of-year turbulence overshadows COP28 success

Red Sea tensions add to shipping costs but energy flows unaffected

DEWA commissions 1,414 new 11kV distribution substations in 2023

Construction of the substations resulted in a total of 996,648 man-hours

India’s Petronet LNG to extend LNG deal with Qatar beyond 2028

Qatar continues global LNG dominance with strategic long-term agreements

Dragon Oil commences production of crude oil in Egypt

Production set initially at 3,000 barrels of crude oil per day

Oil market in 2024: Increased demand, dynamic supply sources

OPEC to cut output by 2.2 mbpd while US production to increase to 13.3 mbpd

Saudi Arabia to produce 130 GW of renewable energy by 2030

Investing in renewable energy projects worth $188 billion

Abu Dhabi’s Mubadala Energy announces 6 trn cubic feet gas discovery in Indonesia

Successful outcome promises to derisk multiple trillion cubic feet of prospective gas resources

Putin visits UAE, Saudi Arabia today, oil key in talks

Russia to tighten oil restrictions in early December

Saudi Arabia: OPEC+ oil production cuts can continue past March if needed

Putin plans to visit Saudi Arabia, UAE this week, aide says

UAE and Bill Gates’s TerraPower to produce emissions-free electricity

Developing Natrium technology to produce carbon-free electricity

OPEC+ meeting, a critical factor in shaping volatile oil prices

Policy-setting gathering moved from November 26 to November 30

Shell makes major gas discovery in northeast Egypt

Ambitious plan for Mediterranean gas wells gains momentum

Concerns over weak demand spark a decline in oil prices

Reversing Monday’s increase and outweighing potential additional supply cuts

Prices of oil futures increase amid potential deeper supply cuts

OPEC+ has been reducing oil production by 5.16 million barrels per day

New natural gas discoveries unveiled in Saudi 

Al-Hiran gas field confirmed with 30 million cubic feet daily flow

OPEC’s boosted global demand forecasts dampen concerns, fuel oil price surge

The report comes ahead of the scheduled meeting of OPEC+ on Nov. 26

Diminishing demand from US, China prompts oil price decrease

Prices of Brent and WTI crude futures both saw declines

Qatar’s gas deals establish global market dominance

Country plans to increase its LNG production capacity by more than 60 percent