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Masdar and Taaleri have agreed to launch a joint venture to accelerate wind and solar renewable energy develop...
Eni SpA and Thailand’s PTT Exploration and Production Pcl secured rights to explore for oil and natural gas in...
Brent oil extended its longest rally in a year and a half, rebounding above $60 a barrel, on hopes of a resolu...
Masdar, the Abu Dhabi Future Energy Company, has installed the first of 13 turbines at the 50 megawatt (MW) Dh...
Saeed Mohammed Al Tayer, Vice-Chairman of the Dubai Supreme Council of Energy and MD & CEO of Dubai Electr...
General Electric Co. secured a $700 million contract to supply turbine and generator units for Egypt’s first nuclear power project, the company said. GE will supply four turbine units for th... Read more
The world must invest $2.4 trillion in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing by 2050 to slow the quickest pace of climate change since th... Read more
Saudi Arabia’s crown prince insisted the stalled plan to sell shares in oil giant Aramco will go ahead, promising an initial public offering by 2021 and sticking to his ambitious view the st... Read more
Russia and Saudi Arabia are pumping an extra 1 million barrels a day of oil and could do even more. Yet the market doesn’t seem to care. After their September meeting in Algiers spurred pric... Read more
Saudi Arabia’s Public Investment Fund and Japan’s SoftBank Group Corp. both said they’re continuing to collaborate on solar energy plans after the Wall Street Journal said their $200 billion... Read more
Oil extended gains near the highest level in almost four years as investors grapple with doubts over OPEC’s ability to replace falling exports from Iran. Futures rose as much as 0.4 percent... Read more
Kuwait has all but stopped shipping crude to the U.S. for the first time since the aftermath of Saddam Hussein’s invasion in 1990, eroding an economic link between Washington and the Arab pe... Read more
Oil in London extended gains after the longest quarterly rally in a decade as a slowdown in American drilling added to supply risks while the U.S. and Saudi Arabia discussed market stability... Read more
Total SA is among a growing chorus that sees $100 oil on the horizon. But the French energy giant isn’t thrilled about it. Chief Executive Officer Patrick Pouyanne sees supportive elements,... Read more
Crude approached a four-year high after OPEC signaled it may not replace Iranian oil that’s disappearing from global markets as U.S. sanctions loom. Futures rose as much as 1.7 percent in Lo... Read more
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