oil and gas

Siemens Energy wins key North Sea project contract

September 16, 2021

Siemens Energy has secured a contract from Aker Solutions to supply the complete packages for the electrical transmission, distribution, and power......

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IEA sees oil demand rebounding by 1.6 million bpd in October: Market wrap

September 15, 2021

RIYADH: Global oil demand declined for third consecutive month due to a resurgence of COVID- 19 cases in Asia. Adjusted estimates of the global oil......

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SirajPower to set up 1 MWp solar carport at Lulu's Dubai mall

September 14, 2021

SirajPower, a major distributed solar energy provider in the UAE, has secured a contract from top retail group Lulu to design, build, finance, operate......

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Israel could benefit most if Algeria fails to renew Morocco gas pipeline deal

September 12, 2021

The future of Algeria's gas pipeline which supplies southern Spain via Morocco is shrouded in mystery as the diplomatic row between Rabat and......

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Schlumberger New Energy Enters into Agreement with EnerVenue for Metal-Hydrogen Stationary Energy Storage Solutions

September 11, 2021

- Schlumberger New Energy announced today an investment and collaboration agreement to deploy EnerVenue’s uniquely differentiated nickel-hydrogen......

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Pearl Petroleum signs $250m financing deal with DFC

September 8, 2021

Pearl Petroleum Company Limited has signed a $250 million financing deal with the US International Development Finance Corporation (DFC) for boosting......

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Power prices in Europe soar to highest level in decades: BofA

September 6, 2021

DUBAI: European power prices jumped to the highest levels in over a decade, as natural gas, coal and carbon rally, a new Bank of America (BofA) report......

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Gazprom profits leap in second quarter

August 31, 2021

MOSCOW: Russian energy giant Gazprom said on Monday its second quarter earnings had more than tripled year-on-year, driven by high natural gas prices.......

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Tianqi post first profit in two years as Lithium demand rises

August 30, 2021

China's Tianqi Lithium Corp, one of the world's top lithium producers, posted its first net profit in two years on Sunday as prices for the......

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Etihad Water and Electricity advances digital roadmap

August 30, 2021

Etihad Water and Electricity (Etihad WE) is embarking on the next phase of its digital transformation journey with global technology company SAP......

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