by Jibran Munaf | September 29, 2024 | Energy
The OPEC+ alliance is increasing its focus on compliance with oil production cuts, emphasizing group conformity amid ongoing overproduction from key members like Iraq, Kazakhstan, and Russia. Two OPEC+ delegates revealed that the coalition is closely monitoring...
by Vasu Jit Kalia | September 26, 2024 | Energy, Industry
The UAE petrol prices change every month and the government is set to announce the new petrol prices for October next week. Petrol prices took a dip in September in the UAE, offering some relief to motorists as Super 98, Special 95, E-Plus 91, and diesel became more...
by Vasu Jit Kalia | September 16, 2024 | Energy, Green
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the UAE has made significant progress in increasing the contribution of clean energy production to the total energy mix, reaching 27.83 percent in 2023, within the target of 32 percent...
by Jennifer George | September 11, 2024 | Energy, Industry, News
The UAE and India have forged nuclear ties by signing a landmark MoU that outlines a framework for the operation and maintenance of nuclear plants in the emirates. The Memorandum of Understanding was signed by Bhuwan Chandra Pathak, Chairman and Managing Director of...
by Vasu Jit Kalia | September 11, 2024 | Energy, Industry
Oil stabilized after rapidly escalating concerns about global demand triggered a sharp and significant sell-off, pushing Brent crude below $70 a barrel for the first time in over two years. The benchmark has dropped nearly 20% this quarter due to worries that slowing...
by Jibran Munaf | September 7, 2024 | Automotive, Energy
Renault CEO Luca de Meo has issued a stark warning that Europe’s automotive industry could face fines totaling up to 15 billion euros ($17.4 billion) if electric vehicle (EV) sales continue to lag behind regulatory targets. Speaking on France Inter radio, de Meo...
