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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
Crude oil WTI futures expiring in March inched up 0.1 percent to $76.45 a barrel
Since October 2022, the organization has cut crude oil production by 5.8 million barrels per day
With 400+ exhibitors showcasing next-gen tech
Crude oil WTI futures for March also fell by 0.3 percent, reaching $77.12 per barrel
Crude oil WTI Futures expiring in March increased by 1.7 percent, hitting $77.06 a barrel
The UAE is Brazil's second-largest Middle Eastern trade partner, with $2.64 billion in non-oil trade in early 2024
Brent oil futures set to expire in March climbed by 0.4 percent to reach $77.22 per barrel
Investment is part of the ADNOC Gas $15 billion CAPEX plan through 2029
Project enables the delivery of natural gas with an annual capacity of 2.3 million tons
Brent crude futures for March delivery decreased by 0.5 percent, settling at $75.79 per barrel
This initiative positions Dubai as a leader in sustainable energy and reduces the maritime sector's carbon footprint
West Texas Intermediate crude futures also rose by 0.5 percent to $73.97 a barrel
U.S. West Texas Intermediate (WTI) crude dropped by 15 cents, or 0.19 percent, to $73.42
Diriyah and Wadi Safar electricity substations will be operated by Saudi Electricity Company
Amid demand optimism and dollar strength
