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Agreement will enhance collaboration to provide reliable, sustainable electricity for African communities
Crude Oil WTI Futures set to expire in March increased by 0.7 percent to $71.17 per barrel
The Kingdom aims to achieve a storage capacity of up to 48 gigawatt-hours by 2030
China will marginally remain the largest source of growth, even as the pace of its expansion is a fraction of recent trends
Crude Oil WTI Futures expiring in March were similarly muted at $70.69 a barrel
GCCIA, QFFD signed a landmark financing deal for Oman direct interconnection project
The company's revenues surged 32 percent to $4.03 billion last year
This week, Brent was up 0.7 percent and WTI rose 0.5 percent
Al Tayer: "We have reduced CML in the emriate from 6.88 minutes per year in 2012 to just 0.94 minutes in 2024
The group's capital expenditure increased by 63.8 percent to AED9.2 billion
Russia is the world's third-largest oil producer and sanctions imposed on its crude exports have supported higher prices
OPEC noted that it remains to be seen how and to what extent potential U.S. tariffs and other policy measures will play out
Group's earnings per share rose by 36 percent while total assets grew 59 percent to AED33.2 billion
U.S. West Texas Intermediate (WTI) crude fell by 28 cents, or 0.4 percent, to $73.04 a barrel
Record performance highlights strong fuel volumes, retail growth, and contributions from Saudi Arabia and Egypt
Cumulative investment requirements are estimated at $17.4 trillion between 2024 and 2050
The world’s first 24/7 solar PV, battery storage giga scale project will help unlock the potential of solar energy
Such tariffs could potentially hinder global economic growth as well as energy demand
These projects will continue in parallel with development, exploration and production operations to ensure maximum benefit from gas resources
Trump announced 25 percent tariffs on all steel and aluminum imports, escalating trade policy amidst existing metal duties
Crude oil WTI futures for March delivery increased by 0.6 percent to $71.13 per barrel
Brent crude prices gained 0.51 percent to $74.67 but were set to fall 2.8 percent this week
Adjusted revenues increased by 7 percent in 2024 to $24.43 billion driven by a 2 percent increase in sales volume
Analysts expect markets to remain volatile in the coming weeks as investors adjust to Trump's new policy positions and tariffs
