Fuel

Saudi Arabia’s Aramco acquires 10 percent stake in Horse Powertrain Limited

Renault Group and Geely will each retain a 45 percent stake in the company

ADNOC Distribution reports record high earnings at $790 million

ADNOC Distribution exceeded 11 billion liters in total fuel volumes, marking the highest-ever nine-month volumes

ADNOC Distribution approves $350 million interim cash dividend for H1 2024

ADNOC Distribution to pay the second and final dividend for 2024 in April 2025

IMF eases some conditions on Egypt’s $8 billion finance package

Egypt's economic growth to increase to around 5.5 percent as structural reforms to strengthen the business climate pay off

Emarat, Emirates airline sign first aviation fuel supply agreement for Al Maktoum Airport

The deal is part of a longstanding three-decade partnership between Emirates and Emarat

Global energy demand reaches new high in 2023, fossil fuels maintain dominant share: Report

Energy transition stalls as global primary energy demand rises to 620 Exajoules in 2023

Emirates’ green aviation initiative slashes fuel burn by 48,000 tons, cuts carbon emissions by 151,000 tons

The airline has equipped its pilots with the latest tools and applications to monitor and optimize their flight performance

Egypt implements fuel price increases as part of IMF agreement

The country is taking steps to align fuel prices with international markets

DSCE adopts green energy and sustainable initiatives to support infrastructure

Meeting highlights initiatives to enhance fuel distribution and promote green vehicle fleet management

Emirates first airline to join U.K. low carbon investment initiative, The Solent Cluster

Taking flight towards a low carbon future, greener aviation industry

Global food supplies and prices are in danger in 2024

El Niño phenomenon, export restrictions, and increased biofuel commitments