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Energy
Acceleration needed in global energy transition – experts
The speed and scale of the global energy transition need to increase to limit the rise in global warming to 1.5…
Namibia aims to become global green hydrogen hub
King Philippe of Belgium visited the Namib desert in early May to inaugurate a project aimed at decarbonising…
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…