Energy

S&P: Gulf chemical companies can withstand challenges

Pressures on GCC's chemical companies are similar to rest of the world

DEWA set to distribute cash dividends of AED3.1 bn for H1

Dividend will be paid to the Company’s eligible shareholders in October 2022

“Historic” maritime demarcation agreement between Lebanon, Israel, nearing

Amos Hochstein's efforts could lead to a historic agreement

Sharjah Sustainable City awarded ‘Best Sustainable Residential Development’

In recognition of city's efforts in creating sustainable, happy community

ADNOC Drilling awards $1.53 bn contract

To boost ADNOC's offshore operations

Egypt launches first organic fish farm

Project valued at 1 billion Egyptian pounds

Sustainable waste management in GCC needs $85 bn in investments

GCC generates between 105 and 130 million tons of waste per annum

OPEC+ agrees on 2 million-barrel-a-day cut to output limit

White House: U.S. needs to be less dependent on OPEC+

OPEC+ decides on significant cuts today despite US pressures

Bloomberg expects production cuts of up to two million barrels per day

Climate change remains primary concern despite economic distractions

Despite increasing climate impacts, climate optimism grew to 48%

Excess production capacity not solely Saudi’s responsibility, Aramco chief says

"Global spare capacity to raise oil production is very low"

Experts call for action, not promises, ahead of COP27

Egypt already getting clean energy ready

Oil rebounds as OPEC+ weighs biggest output cut since 2020

Reports suggest coalition will reduce output by more than one million barrels

ADNOC’s power transmission project secures $3.2 bn financing

Project linka 2 ADNOC-owned offshore facilities to Abu Dhabi's onshore grid

UAE’s Beeah, Green Planet sign key waste management deal in Egypt

10-year contract to deliver collection, transportation, and cleaning services

Qatar’s energy exports top $9.2 bn in August

Exports are significantly higher than they were last year

Sheikh Ahmed bin Saeed Al Maktoum inaugurates 24th WETEX, Dubai Solar Show

"Event showcases UAE’s achievements in renewable, clean energy sector"

OPEC+ meets amid demands for production cuts to curb price declines

Prices have fallen sharply this month by about 30 percent

Egypt’s gas export revenues up 13-fold in 8 years

108 international agreements signed valued at $22 bn for gas excavation

UAE to supply Germany with LNG, diesel cargoes in 2022, 2023

Germany seeks to diversify energy sources amid reduced supply of Russian gas

Qatar Energy, Total Energies sign $1.5 bn deal for Northfield South expansion

French energy firm will have a 9.3% stake in North Field South gas project