COP28 president warns ‘failure is not an option’
President of COP28 Sultan Al Jaber on Saturday urged countries to temper their expectations for the climate change…
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oil production
COP28 commitments not enough to meet climate objectives – IEA
The International Energy Agency (IEA) stated on Sunday that the multitude of new commitments made at the COP28…
Azerbaijan to host COP29 with regional support
Azerbaijan is set to host next year's 29th Session of the Conference of Parties (COP29) after it secured the…
Vladimir Putin going to UAE, Saudi for important discussions
Russia’s President Vladimir Putin will travel to the UAE and Saudi Arabia this week to hold “extremely important”…
Russia makes $17.1bln from oil exports in August
Russian exports of oil rose in the month of August to reach a value of $17.1 billion, said the International Energy…
OPEC+ panel keeps oil output policy unchanged
The OPEC+ ministerial panel met on Friday and decided to keep its current oil production policies unchanged.
Emirati Dragon Oil to increase oil production in Egypt by 27%
Emirati Dragon Oil is set to increase its oil production in Egypt by 27 percent to 70,000 barrels a day in October,…
Clean energy investment to surpass oil productions – report
A new report published on Thursday by the International Energy Agency (IEA) revealed clean energy investment is…
Gold mines produce more emissions than Africa’s largest oil country
Gold mines consume around 11 percent of global energy, resulting in annual carbon dioxide emissions of around 126.4…
Russian Lukoil to produce 250k barrels/day from Iraq’s Eridu field
Lukoil Company, the second largest oil production company in Russia, said on Monday that it will produce 250,000…
