OPEC predicts increase in global oil demand, IEA differs
OPEC declared that it would no longer publish the estimate of global demand for its own crude, which is used as a gauge of market strength, and instead concentrate on OPEC+'s oil demand...
Tag : energy
Talks of ECB rate cut gather further strength as Eurozone inflation remains steady
Closely watched services inflation has eased to 3.7%, after remaining stagnant at 4% since the year's beginning...
Ghana to restructure debt to lower energy sector deficit
The Institute for Energy Security emphasised how crucial it is that the government provides resources to the Electricity Company of Ghana to reduce its losses on the technical and business fronts...
If Insights: Will UK cut its interest rate ahead of US?
The United Kingdom's March inflation report confirmed investor confidence that the BoE's policymakers, will choose to reduce interest rates early in 2024 to accelerate economic development...
Boris Johnson hails UAE-UK collaboration in green technology
Former UK Prime Minister Boris Johnson noted that there was a difference between COP26 and COP28...
Business Leader of the Week: Meet Andrey Melnichenko, Russia’s fertiliser & coal ace
In 2022 Forbes and Bloomberg estimated Andrey Melnichenko's net worth at USD 15.8 billion and USD 17.4 billion respectively, which makes him one of the richest persons in Russia...
Aramco CEO Amin Nasser calls for ‘new, practical pathway’ for energy transition
Aramco CEO Amin Nasser said that the transition from coal to gas is responsible for two-thirds of the reductions in carbon emissions in the US...
Eyeing energy security, United Kingdom to build new gas power stations
Rishi Sunak weakened the administration's net zero objectives around the same time frame, notably by pushing back the sale of gasoline and diesel vehicles by five years, until 2035...
Increasing its capital deployment, Saudi’s PIF to acquire stakes in Binladin Group
Saudi Binladin Group, which operates in construction, power, and industry, has built over 15 Saudi Arabian buildings...
BEEAH: Leading MENA towards a sustainable future
Through innovation, full-circle resource management, and smarter solutions, BEEAH is addressing environmental challenges, while raising standards for quality of life across the MENA region...