#Energy
22 articles with this tag
EconomyExplosion Forces Closure of Venezuela's Second-Largest Oil Refinery
An explosion has caused the shutdown of Venezuela's second-largest oil refinery, according to recent video footage.
EconomyNavigating the Global Energy Crisis: Is Libya's Strategic Boom a Trap or an Opportunity?
As the global energy crisis boosts demand for alternative supplies, Libya faces a critical choice between capitalizing on its vast oil and gas reserves or falling deeper into domestic energy insecurity and the resource curse.
EconomyS&P Doubles Oman's 2026 Growth Forecast to 3.5% Driven by Resilient Trade Logistics and Energy Sector
S&P Global Ratings has raised Oman's 2026 economic growth forecast to 3.5 per cent, supported by resilient trade logistics and an energy sector independent of the Strait of Hormuz.
EconomyEgypt's Fuel Pricing Committee Set to Review Petroleum Rates in October Amid Global Market Shifts
Egypt's Fuel Automatic Pricing Committee will meet in October to review petroleum product prices based on global oil trends and market stability, according to officials.
EconomyIran Implements Sweeping Remote Work and Energy-Saving Measures Amid Severe Economic Crisis
Iran has introduced remote work mandates, free public transport, and fuel price hikes as part of desperate energy-saving measures amid a severe economic crisis and US naval blockade.
EconomyUS Diesel Prices Hit Record $6.31 a Gallon as Global Supply Pressures Mount
US diesel prices have reached a record high of $6.31 per gallon, driven by global supply disruptions and geopolitical conflicts, threatening broader economic and consumer price pressures.
EconomyCollateral Damage: How the Conflict Involving Iran is Crushing South Asia's Working Class
The war involving Iran has sent shockwaves through South Asia, driving up inflation, energy costs, and living expenses for millions of vulnerable families in India, Pakistan, Bangladesh, and Nepal.
EconomyQatar Economic Forum to Convene in New York Amid Rising Global Trade and Energy Risks
The Qatar Economic Forum is holding a special edition in New York alongside UNGA 81 to address shifting global trade, energy dynamics, and geopolitical risks with international leaders.
EconomySaudi Arabia Uncovers 110 Million Tonnes of Uranium Ore in Landmark Madinah Discovery
Saudi Arabia has discovered 110 million tonnes of uranium-concentrated ore in the Madinah region, marking a major milestone in the kingdom's economic diversification and energy development efforts.
EconomyNavigating the New Era of Geopolitical Disorder in the Global Energy Sector
As the global energy sector faces unprecedented geopolitical disorder and fragmented trade, industry leaders gather in Abu Dhabi to navigate new economic realities, security vulnerabilities, and technological shifts.
PoliticsBrics Summit Reaches Consensus on Middle East Peace and Maximum Restraint
Brics leaders issued a joint declaration urging maximum restraint in the Middle East during their summit in New Delhi. The agreement addresses ongoing regional conflicts, energy supply disruptions, and the protection of civilian infrastructure.
EconomyUAE Energy Giants Adnoc, XRG, and Masdar Forge Multi-Billion Euro Partnerships with German Firms
Adnoc, XRG and Masdar have signed major agreements with German firms potentially unlocking over €5 billion in investments across LNG, renewables, and technology sectors during President Sheikh Mohamed's state visit.
EconomyAbu Dhabi Firms Unlock Over €5 Billion in New Energy and Industrial Deals with Germany
Abu Dhabi companies Adnoc, XRG, and Masdar have announced new agreements with German firms projected to generate over €5 billion in investments. The deals coincide with a broader €40 billion UAE investment commitment to Europe's largest economy.
EconomyA Historic Presidential Visit Marks the Dawn of a New Era in UAE-Germany Relations
President Sheikh Mohamed's historic first presidential visit to Germany highlights the deepening strategic, economic, and technological partnership between the UAE and Germany.
PoliticsInside China and Qatar’s Deepening Alliance Amid Middle East Tensions
Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani concluded a two-day visit to Beijing, cementing a strategic partnership with China focused on energy, advanced technology, and regional diplomatic cooperation amid ongoing Middle East tensions.
EconomyAbu Dhabi Crown Prince Sheikh Khaled Directs Adnoc to Reinforce Energy Security Amid Regional Maritime Disruptions
Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed has directed Adnoc to enhance its reliability as an energy provider amid regional maritime disruptions in the Strait of Hormuz.
TechnologyEmpowering the Global South: Schneider Electric Discusses the Future of Energy and Growth
Schneider Electric's Manish Pant joins Business Extra to discuss how emerging economies in the Global South can leverage digital technology, smart grids, and AI to build resilient energy systems.
EconomyUS Secures Vast Venezuelan Oil Reserves in Landmark Deal Amid Global Energy Strains
The US has secured a sweeping oil production agreement with Venezuela to access vast reserves and stabilize energy markets amid ongoing global conflict and rising costs.
EconomyUK Households Face Energy 'Risk Premium' as US-Israel War on Iran Drives Up Bills
UK households and businesses are facing a new 'risk premium' on energy bills and diminishing spending power as the US-Israel war on Iran drives up wholesale gas prices and disrupts global supplies.
EconomyGlobal Economic Shockwaves: Winners and Losers of the US-Israel War on Iran
Six months into the US-Israel war on Iran, global energy markets and supply chains face severe turmoil, creating massive financial windfalls for oil and defense companies while burdening taxpayers, consumers, and airlines.
EconomyUAE Fuel Prices Set to Increase for Second Consecutive Month in September
UAE petrol and diesel prices will increase in September for the second consecutive month as global oil markets remain volatile amid ongoing tensions between the US and Iran.
EconomyIran Prepares to Defend Its Economy as Washington Threatens Unprecedented Sanctions
Iran is bracing for severe new US economic sanctions and a continued naval blockade while keeping the strategic Strait of Hormuz closed until previous agreements are honored.