Energy
Oil markets faced pressure from weak PMI data from China, indicating ongoing struggles in business activity
Oil prices fall 0.6 percent to $77.82 as Trump pushes for lower crude prices, higher U.S. production
West Texas Intermediate crude futures dropped 0.6 percent to $74.21 per barrel
A milestone in sustainable oil production
West Texas Intermediate crude futures dropped by 0.2 percent, settling at $75.27 per barrel
Market participants are focusing on upcoming U.S. inventory data for insights into supply dynamics
Oil demand in 2025 is projected at nearly 106 million barrels per day, up from 104.6 million
ADNOC become the sixth most valuable oil and gas brand globally, overtaking international supermajors TotalEnergies and bp
This follows the July 2024 Al-Nokhatha field discovery, with reserves of 3.2 billion barrels
West Texas Intermediate crude futures saw a 0.9 percent decline, reaching $76.69 per barrel
West Texas Intermediate crude futures also rose by 0.2 percent to $77.56 per barrel
DoE has established an ambitious target of achieving 200 megawatts of DR capacity by 2030
Crude oil WTI futures expiring in March rose 0.5 percent to $78.24 a barrel
The agreement seeks to achieve 35 percent renewable energy in power generation by 2030 and 50 percent by 2040
The trial showed ENERGYai provides insights in natural language, enabling effective engineer interaction
Scheduled for 2025, the development includes five buildings with the region's first net-zero energy shared facilities
The 2026 outlook matches OPEC's long-term view that oil consumption will keep increasing over the next two decades
The LOOP unit is capable of producing more than 1 ton per annum of graphene and 1 ton per annum of hydrogen
Crude oil WTI futures expiring in March rose 0.4 percent to $79.01 a barrel
Tadweer Group is poised to make significant strides in environmental responsibility
The agreement seeks to boost energy security, sustainable development, and clean energy transition in the Mediterranean
The agreement also covers petroleum, natural gas, and both conventional and transitional fuels
Al Olama highlighted a pilot project with Aldar Properties, First Abu Dhabi Bank, and energy solution firms
This target highlights Masdar's commitment to advancing clean energy and climate neutrality
