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          Oil

          Oil companies stepping up biofuel production to meet growing demand

          Oil companies stepping up biofuel production to meet growing demand

          EnergyNovember 21, 2024
          The port of Luanda. Angola's economy is forecast to grow by 3.4 per cent in 2024. AFP

          Angola aims to maintain oil output of 1.1 million bpd until 2030

          EnergyNovember 19, 2024
          Mutrah Souq, a traditional market in Muscat, Oman. Victor Besa / The National

          IMF urges Oman to boost non-oil revenue for growth

          EconomyNovember 18, 2024
          Fuel storage containers along Chelsea Creek in East Boston, Massachusetts. US crude supply is expected to receive a boost from Donald Trump’s election as US president. EPA

          Oil records weekly loss on demand concerns and expectations of oil glut next year

          EnergyNovember 15, 2024
          Fossil fuels made up 84 per cent of the global energy mix in 2023, demonstrating the scale of the challenge ahead. PA

          Shell climate case win highlights challenges of Scope 3 emissions

          EnergyNovember 13, 2024
          Storage tanks at Kinder Morgan Terminal in California. Opec had lowered its oil demand forecast for next year. Reuters

          Opec cuts oil demand forecast once again for 2024 and 2025

          EnergyNovember 12, 2024
          Adnoc Gas has access to 95 per cent of the UAE's natural gas reserves. Photo: Adnoc

          Adnoc Gas raises capex to $15 billion on UAE gas demand growth

          EnergyNovember 11, 2024
          OMV chief executive Alfred Stern says the company has secured long-term LNG contracts and third-party agreements throughout Europe to spread risk. Victor Besa / The National

          Austria's OMV has no Russian LNG in its contracts, CEO says

          EnergyNovember 09, 2024
          Hurricane Rafael caused power cuts in Cuba. The storm has hit US production in the Gulf of Mexico, which represents 15 per cent of US crude output. Reuters

          Oil prices post weekly gain after hurricane causes disruption in US

          EnergyNovember 08, 2024
          Adnoc L&S currently delivers energy products to more than 100 customers in about 50 countries. Photo: Adnoc L&S

          Adnoc L&S signs $4.4bn in contracts to build 23 supertankers

          EnergyNovember 07, 2024
          US president-elect Donald Trump's stance on Iran could impact the crude market in the longer term. Reuters

          Trump-led US may tighten oil markets with stricter sanctions on Iran and Venezuela

          EnergyNovember 06, 2024
          A pipeline at Tawke oilfield in Iraqi Kurdistan. Reuters

          Iraqi government greenlights compensation mechanism for oil produced in Kurdistan Region

          MENANovember 05, 2024
          Vitol chief executive Russell Hardy. Victor Besa/The National.

          Adipec 2024: Peak oil demand is 10 years away, Vitol CEO says

          EnergyNovember 05, 2024
          The Panorama command centre and AI space at the Adnoc headquarters. The company generated $500 million last year by implementing AI solutions. Khushnum Bhandari / The National

          Adnoc signs $920m deal to expand AI programme to 2,000 wells

          EnergyNovember 05, 2024
          Saudi Aramco says it has made progress with its upstream developments and advanced its new energies programme. Reuters

          Saudi Aramco maintains quarterly dividend at $31 billion

          EnergyNovember 05, 2024
          An employee works in a server room in Hanover, Germany. Data centres provide storage space and computing resources but demand a lot of energy. EPA

          The AI revolution needs wisdom as well as watts to power it

          CommentNovember 05, 2024