OPEC+ Now Key Stabilizer of Oil Prices
Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday that the OPEC+ alliance has become a key stabilizing force…
Category: ENERGY
China’s EV battery maker CATL shares soar in Hong Kong debut
China’s CATL, the world’s largest electric vehicle battery maker, saw its shares soar 17% on its first day of trading…
Oman Investment Authority Achieves 21% Growth in Asset Value
Oman Investment Authority (OIA) has revealed that its “National Development Portfolio” has achieved several objectives aligned with “Oman Vision 2040”…
Agreements Signed to Develop Green Hydrogen in Oman
Oman’s Hydrom, the Public Authority for Special Economic Zones and Free Zones (OPAZ), and ACME Group signed on Sunday a…
Oil Climbs $1 as Price Drop Triggers Buying
Oil gained more than $1 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by…
SABIC Expects Capital Expenditure of $4 Bn in 2025
Saudi Basic Industries Corporation (SABIC), one of the world’s largest petrochemical companies, reported a net loss of 1.21 billion riyals…
China says wind and solar energy capacity exceeds thermal for first time
BEIJING – China’s wind and solar energy capacity has surpassed that of mostly coal-powered thermal for the first time, the…
Saudi Aramco in talks to invest in planned refineries of BPCL, ONGC
Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks…