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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...
Anthony DiPaola and Golnar Motevalli Read more
Stockpiles are decreasing as refineries cut back on maintenance and process more crude Read more
The country is aiming to have solar power capacity of 100GW by 2022 India’s solar power push represents a major opportunity for investors, although the country’s overall economic potential c... Read more
OPEC ministers are to meet on 4 December to assess the oil market and the group’s output policy OPEC’s board of governors was unable to agree on the group’s long-term strategy plan and won’t... Read more
The daily OPEC Basket Price fell to $39.21 a barrel on 13 November The average price of crude sold by OPEC fell below $40 a barrel for the first time 2009, underscoring the financial cost of... Read more
OPEC’s secretary general said demand will rise by about 17 million barrels a day to almost 110 million barrels a day by 2040 Global demand for crude will bring more balance to the oil market... Read more
The refinery could be the first outcome of Indonesia’s formal acceptance as a member of OPEC Saudi Arabia and Indonesia are near an agreement to build their first jointly owned refinery in t... Read more
The country’s representative to OPEC said he expects oversupply to last up to five years Oil markets will continue to be oversupplied for as long as five years as producers in the Midd... Read more
Oil demand in Asia will rise by about 16 million barrels a day to almost 46 million by 2040 Oil demand will soon reflect the “attractiveness” of the current level of crude prices, and Asia w... Read more
Libya pumped about 1.6 million barrels a day of crude before a 2011 rebellion ended Muammar Qaddafi’s 42-year rule Libya’s Petroleum Facilities Guard halted crude shipments from Zueitina por... Read more
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