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Energy
Clean energy spending to double fossil fuels in ’24 – IEA
Global spending on clean energy technologies is set to hit $2 trillion in 2024, almost double the $1 trillion…
S. Arabia enters BIS-led central bank digital currency trial
Saudi Arabia's participation in a significant BIS-led trial for central bank digital currency (CBDC) marks a…
Amwal Al Ghad Awards 2024 unveil Egypt’s Most Influential Women winners
Amwal Al Ghad Awards Ceremony 2024 announced on Monday the winners of the Most Influential Women in Egypt Awards.
EU sanctions on Russian LNG not to hurt Asian market
Proposed new European sanctions targeting transshipments of Russian liquefied natural gas (LNG) are unlikely to…
Harbour Energy signs deal to acquire Wintershall Dea’s Egypt upstream assets
British energy company Harbour Energy has signed on Sunday an agreement to finalise the acquisition of Wintershall…
OPEC+ to prolong oil cuts through ’24
OPEC+ is likely to extend voluntary oil cuts into the third and possibly fourth quarters of 2024, with some cuts…
Aramco launches $10b offering
Saudi Arabia is set to launch a secondary offering of Aramco shares, aiming to raise over $10 billion, potentially…
Shell, ExxonMobil near $500m deal
Shell and Exxon Mobil are nearing a deal to sell their jointly-owned gas fields in the southern North Sea to…
Turkey ranks 11th globally in renewable energy capacity
Turkey climbs to 11th place globally in renewable energy capacity, reaching 58,462 megawatts, Turkish Energy…
Biden administration moves beyond wind, solar tax credits
The Biden administration has proposed expanding tax credits to encompass a broader array of clean energy…
