Energy

“OPEC +” meets on the impact of the first monthly oil loss in 2022

The coalition sticks to plan to accelerate increase in oil production

ADNOC inks local manufacturing deals

Participating companies to contribute 110 billion dirhams

SABIC launches program to develop EV technology

With a focus on structural battery performance

Wind energy projects in the region are growing

Gulf states’ beaches, remote desert areas, among best for wind generation

Exxon joins oil majors in Qatar’s mega-LNG expansion project

The company will have a 6.25 percent stake in the North Field East expansion

Lebanon, Syria, Egypt sign “conditional” agreement to supply natural gas

The World Bank wants reforms before financing the agreement

Taqa, Adnoc, and Mubadala enter binding agreements to buy Masdar stakes

Significant step within strategic partnership announced by UAE President

DEWA: Water service saved 8 bn gallons, AED 500 mn until March

Report highlighted the role of a smart grid in the Smart City's development

Volvo driving net zero transition of steel

The move highlights Volvo's position as a key player in climate action

OPEC expects oil demand to rise in the second half of 2022

Global oil demand to grow roughly to 3.4 million BPD in 2022

Qatar names France’s TotalEnergies for world’s largest liquefied gas project

Project to increase Qatar's LNG output capacity to 10 million tons per year

Europe raises demand for Saudi oil amid ban on Russian oil

Saudi’s crude oil production capacity to reach 13.3-13.4 million BPD

Global warming could cost global economy $178 tn by 2070: Deloitte

The losses account for 7.6% cut to GDP in 2070 alone

New York’s mining moratorium will have no impact on cryptos

Existing ones, irrespective of their source of power, don’t need to bother

OPEC+ efforts to boost oil output ‘not encouraging’, UAE minister says

"The group was currently 2.6 million barrels per day short of its target"

Qatar partners with Exxon, Total, Shell, Conoco in mega LNG project

Qatar to finance a $30 billion LNG plan to raise production

Glass: an environmentally unfriendly biomaterial

Volume of recycled glass expected to reach 6.2 percent by 2027

Citibank, Barclays raise oil price forecasts

Citi estimated Brent to average $75 per barrel in 2023

Little by little, paper disappearing from transactions in Gulf states

Total global production of paper and cardboard is over 400 million tons yearly

Dubai Sustainable Tourism supports World Environment Day

DST to enhance Dubai’s position as a leading sustainable destination