Utility
Oil price picks up over 2% after OPEC+ kept Output targets steady
The Organization of Petroleum Exporting Countries (OPEC) and allies including Russia, together called OPEC+ on Sunday...
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UAE’s ADNOC Board Approves ‘ADNOC Gas,’ Strives for Net-Zero Emissions by 2050
The new company will be a consolidated entity that will manage ADNOC Gas Processing and ADNOC...
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S&P Rating Boosts In Bahrain Consequent to Oil Price Hike and Policy Reforms
S&P Global Ratings has upgraded its outlook on Bahrain from ‘negative’ to ‘stable’ on Saturday in...
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Elsewedy Electric partners with ReNew Power to initiate the establishment of a green hydrogen powerplant in the Suez Canal Economic Zone with $8 billion investment
As per the agreement between Elsewedy Electric and ReNew Power, will be implemented in phases, starting...
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Traders Clamor for Middle East Oil amid Russia Uncertainty
Traders and refiners from at least nine Asian and European countries have approached the Middle East...
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Capping Oil Price Will Be Aimed Only At Russia; OPEC Not In the List: United States
A United States treasury official confirmed on 19th October that the plan for capping oil prices...
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Sri Lanka cuts down fuel prices, petrol rates go down by 40 rupees amidst deep economic instabilities
World bank in its latest country update published states that the Sri Lankan economy will continue...
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Solar mini grids could provide power to half a billion people by 2030 with the right steps, says World Bank
At the present rate of development, 670 million people would be deprived of electricity by 2030...
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ENOC Group announces completion of its new 16.2 km jet fuel pipeline to Al Maktoum International Airport at WETEX
The pipeline would bring about 2,000 cubic meters for every hour of jet fuel to the...
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New in 2022: NFE organizes FLNG Investor Day in Texas
New Fortress Energy Inc. (NFE) announced that the company plans to host an FLNG Investor Day at...
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