Energy Archives | Gulf Business

ADNOC Group to build new low-carbon LNG plant in Ruwais

Kudakwashe Muzoriwa — Tue, 02 May 2023 10:01:01 +0000

The location’s proximity to ADNOC’s current operations and its future growth projects were all important factors in the decision

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ADNOC Gas, TotalEnergies Gas and Power ink 3-year LNG supply deal

Neesha Salian — Tue, 02 May 2023 04:52:39 +0000

The three-year contract is expected to commence in 2023 and will run through 2025

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Oil extends second weekly drop on new China recovery concerns

Bloomberg — Mon, 01 May 2023 05:01:43 +0000

West Texas Intermediate futures slipped 0.7 per cent, after rallying 2.7 per cent on Friday

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UAE raises fuel prices for May 2023

Kudakwashe Muzoriwa — Sun, 30 Apr 2023 14:16:42 +0000

The fuel price committee marginally increased petrol prices by 15 fils for the month of May

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Oil set for sixth monthly loss on deteriorating demand outlook

Bloomberg — Fri, 28 Apr 2023 08:55:15 +0000

West Texas Intermediate steadied near $75 a barrel after closing 0.6 per cent higher on Thursday

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Less than 1% of Earth has safe levels of air pollution, study finds

Bloomberg — Fri, 28 Apr 2023 07:20:04 +0000

While scientists and public health officials have long been at alert to the dangers — air pollution kills 6.7 million people a year

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TAQA joins $37.3m funding round for clean energy startup Xlinks

Kudakwashe Muzoriwa — Wed, 26 Apr 2023 11:11:07 +0000

Xlinks will use the proceeds to undertake the development of plans to lay the world’s longest high-voltage direct current subsea cables between the UK and Morocco

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ACWA Power’s Egypt solar project secures $123m financing

Kudakwashe Muzoriwa — Wed, 26 Apr 2023 05:49:32 +0000

The project already has equity bridge loans of $14m from the EBRD and $45m from the APICORP

The post ACWA Power’s Egypt solar project secures $123m financing appeared first on Gulf Business.

Oil extends steep weekly drop with demand outlook in question

Bloomberg — Mon, 24 Apr 2023 11:00:32 +0000

West Texas Intermediate fell toward $77 a barrel after dropping the most since the banking crisis in March last week

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How important is it for businesses to prioritise energy efficiency?

Divsha Bhat — Fri, 21 Apr 2023 10:00:09 +0000

It is vital to help stakeholders across the industry understand that we need to invest to reach net zero, says Ahmed Radwan, lead business manager – MEA – Motion Business at ABB

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