ENERGY
Energy

Oil rises above $42 on prospect of extension to OPEC-led supply curbs

Friday, 23 October 2020

Oil rose further above $42 a barrel on Friday, heading for a weekly drop, as demand concerns raised ......

Oil investment collapse creating energy crisis with global economy to suffer: IEF

Wednesday, 21 October 2020

Investment into new oil and gas production has collapsed this year, which could lead to an energy ......

Too early to talk about future of oil output curbs, says Russia’s Novak

Tuesday, 20 October 2020

Russia’s energy minister said on Tuesday it was too early to discuss the future of global oil ......

Israel's EAPC pipeline company says it will bring UAE oil to Europe in new deal

Tuesday, 20 October 2020

Israeli pipeline company EAPC said on Tuesday it signed a preliminary deal to help transport oil ......

Oil prices remain steady after OPEC+ warn of precarious market outlook

Tuesday, 20 October 2020

Oil steadied near $41 a barrel in New York with OPEC+ warning of a precarious outlook for the market ......

Saudi energy minister reiterates OPEC+ commitment to support volatile markets

Monday, 19 October 2020

Saudi Arabia said on Monday no-one should doubt OPEC’s commitment to propping up volatile markets, ......

Turkey lifts Black Sea gas field estimate after new find, says Erdogan

Saturday, 17 October 2020

Turkey has raised the estimated reserves in a gas field off its Black Sea coast to 405 billion cubic ......

Oil prices slide as coronavirus cases spike in US, Europe along with strong dollar

Friday, 16 October 2020

Oil prices fell on Friday, dragged down by concerns that a spike in COVID-19 cases in Europe and the ......

ADNOC gas assets gets $2.1 bln in investment from Abu Dhabi Pension Fund, ADQ

Thursday, 15 October 2020

Abu Dhabi Pension Fund (ADPF) and state holding company ADQ will invest $2.1 billion in Abu Dhabi ......

Oil prices fall as new coronavirus lockdown steps threaten demand recovery

Thursday, 15 October 2020

Oil prices fell on Thursday as new restrictions to stem a surge in COVID-19 infections increased ......

OPEC+ technical panel discusses weaker oil demand outlook, Libya supply rise

Thursday, 15 October 2020

An OPEC+ technical committee discussed on Thursday higher oil supply as production resumes in Libya ......

Britain’s National Grid says margin of extra power in coming days will be tight

Thursday, 15 October 2020

Britain’s National Grid said electricity supply margins were likely to be tight in the country over ......

Coronavirus: IEA says balancing oil market difficult amid second wave

Wednesday, 14 October 2020

Global oil stocks which rose during the height of the pandemic are being steadily reduced, the ......

UAE’s ADNOC to explore clean fuel options, says CEO al-Jaber

Wednesday, 14 October 2020

Abu Dhabi National Oil Company (ADNOC) will look at expanding into clean energy, with investments in ......

Saudi Arabia’s Crown Prince discusses global energy markets with Putin

Wednesday, 14 October 2020

Saudi Arabia’s Crown Prince Mohammed bin Salman and Russian President Vladimir Putin discussed the ......

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