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Energy
IEA: Oil markets to stay well-supplied until ’30
Oil markets will supplied until 2030, though maintaining a strong focus on energy security remains crucial amid…
Europe’s gas surplus shrinks
Europe's gas storage refill season started unusually slowly, shrinking the surplus from last winter and pushing…
Chinese solar firms urge govt. to curb price freefall
Chinese solar panel manufacturers are urgently seeking government intervention to curb investments and industry…
Enersol acquires majority stake in Gordon
Enersol, ADNOC Drilling Company and Alpha Dhabi Holding joint venture has agreed to acquire an additional 42.206…
OPEC+ forecasts robust global oil demand
OPEC+ reaffirmed its prediction of robust global oil demand growth for 2024, despite lower first-quarter usage,…
S. Arabia crude oil exports to China expected to drop
Saudi Arabia's crude oil exports to China are anticipated to decline for the third consecutive month in July,…
ADNOC redeems exchangeable bonds, retains stake in ADNOC Distribution
ADNOC has announced the complete redemption of its US Dollar-denominated senior unsecured bonds, also known as…
Malaysia to increase diesel fuel prices by 50% on Monday
Diesel fuel prices across much of Malaysia are poised to surge by approximately 50 per cent come Monday, marking a…
Foreign investors flock to Aramco shares
About 60 per cent of the shares offered in Saudi Aramco's $11.2 billion stock sale reportedly went to foreign…
Saudi Aramco shares surge
Saudi Aramco's shares saw an increase following a secondary share offering aimed at generating a minimum of $11.2…