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Oil And Gas
International News

The Middle East Oil And Gas Nations Pouring Billions Into Clean Energy

December 23, 2022 Mariel Alumit

To say that the six countries that make up the Gulf Cooperative Council (GCC) live and breathe hydrocarbons is hardly an exaggeration. About 60years ago, the average city in Saudi Arabia, the United Arab Emirates […]

Global
International News

The UAE Will Benefit From Its Global Leadership In The Clean And Renewable Energy Sector – MD & CEO of DEWA

December 20, 2022 Mariel Alumit

The presence of the Middle East and North Africa region on the global sustainability agenda continues to grow. The region is witnessing significant momentum in accelerating climate action and strengthening bridges of international cooperation to […]

UAE
E&P

UAE Plans $150 Billion Spending Spree To Boost Oil Output To 5MM Barrels By 2027

November 29, 2022 Allen Santos

With oil tumbling ahead of the grueling 2023 recession, the last thing OPEC+ and (bullish) oil traders wanted to see is even more supply coming on line, and yet that’s precisely what the a core […]

UAE
Energy Policy

UAE president chairs ADNOC meeting, board accelerates oil production capacity expansion to 2027

November 28, 2022 Mariel Alumit

(WO) — UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on Monday presided over the annual meeting of the Abu Dhabi National Oil Company (ADNOC) Board of Directors, in his capacity as its […]

UAE
Grid

UAE issues law to regulate linkage of renewable energy production units to the grid

November 22, 2022 Mariel Alumit

The UAE has announced a federal law that regulates the linkage of distributed renewable energy units to the country’s electrical grid as it seeks to increase the share of clean energy in its overall power mix. The […]

Japan
International News

INTERVIEW: Japan’s Jogmec keen to support energy transition projects in Saudi Arabia, UAE

November 10, 2022 Mariel Alumit

Japan Oil, Gas and Metals National Corp. is keen to support energy transition projects in Saudi Arabia and the UAE, countries that are making inroads into new areas of energy while maintaining their traditional fossil […]

U.S.
Renewables

The U.S. And UAE Sign A $100 Billion Clean Energy Pact

November 1, 2022 Mariel Alumit

The United States and the United Arab Emirates (UEA) signed on Tuesday a partnership expected to attract $100 billion in investment in clean energy projects worldwide, the White House said today. The U.S. and the UAE have […]

US
Crude Oil News

US envoy urges more oil, gas output, as UAE, Saudi ministers defend OPEC+

October 31, 2022 Mariel Alumit

With the global economy in crisis, more oil and gas production is needed, a top US envoy said Oct. 31, sharing a stage with Saudi and UAE energy ministers, who defended the recent decision by […]

German
International News

Germany Secures 1 Tanker of Gas During Scholz Gulf Tour

September 30, 2022 Mariel Alumit

German Chancellor Olaf Scholz secured just one shipment of liquefied natural gas from the United Arab Emirates, with a non-binding agreement for more, as Europe’s biggest economy struggles to replace Russian supplies. The cargo — […]

Dr Sultan Al Jaber.
Climate Crisis

Dr Sultan Al Jaber: We have a responsibility to provide billions of people with energy

September 5, 2022 Mariel Alumit

The fight against climate change must be pragmatic and sustainable, with no country able to make the transition to clean energy with the “flip of a switch”, the UAE’s Climate Change Special Envoy has said. […]

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Tesla
Electric Vehicles

Tesla ‘spontaneously’ caught fire on highway in Sacramento County: officials

January 30, 2023

SACRAMENTO, Calif. (KRON) — A Tesla was in flames after the car’s battery compartment “spontaneously” caught fire on Highway 50, the Sacramento Metropolitan Fire District said on Twitter. Crews used approximately 6,000 gallons of water to […]

Energy Storage

Zinc8 gets $9-million grant to establish zinc-air battery production facility in New York State

January 29, 2023

​Canada’s zinc-air battery developer Zinc8 Energy Solutions (CSE: ZAIR, OTC: ZAIRF) has been approved for a grant from Empire State Development of up to $9 million as an incentive for the company to establish its […]

Big Oil Companies

White House Kicks Around Big Oil Stock Buybacks Again as Chevron Profits Double – Windfal Profits Taxes Will Cost Consumers

January 29, 2023

WASHINGTON, Jan 27 (Reuters) – The White House on Friday launched a fresh attack against U.S. oil companies, accusing them of using profits to pay shareholders instead of boosting supply, after Chevron Corp (CVX.N) said […]

Big Oil Companies

Chevron Falls After Posting Disappointing Quarterly Result

January 29, 2023

Chevron Corp. posted disappointing fourth-quarter results, just days after surprising investors with a mammoth $75 billion share-buyback program, as the oil giat disclosed a surprise jump in corporate costs.Profit excluding one-time items was $4.09 a […]

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