Energy
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India’s GAIL Set to Finalise LNG Purchase Deal with Qatar
India’s leading natural gas firm GAIL (India) Ltd will soon close a long-term liquefied natural gas (LNG) import deal with…
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ADNOC Partners with Occidental to Evaluate Carbon Management Projects in UAE, US
UAE-based Abu Dhabi National Oil Co (ADNOC) signed an agreement with US-based Occidental Petroleum Corp to evaluate potential investment opportunities…
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Reliance Industries and Brookfield Bet Big on Renewables in Australia
India-based Reliance Industries and Brookfield Asset Management have entered into a Memorandum of Understanding (MoU) on Tuesday,to explore opportunities to…
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India Hikes Windfall Tax on Domestic Crude to Rs 4250 per tonne from August 1
India hikes windfall tax on domestically produced petroleum crude. The Special Additional Excise Duty (SAED) on crude petroleum increased from…
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UAE extends cooperation to Bangladesh to help overcome energy crisis
Bangladesh’s energy sector is heavily reliant on imports. The country has been importing LNG from Qatar and Oman to meet…
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Abu Dhabi’s ADNOC Gas to raise $2B from IPO
Abu Dhabi National Oil Co (ADNOC), the state-owned oil giant, announced on Thursday that it has set a pricing range…
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Rolls-Royce completes tests on hydrogen-powered jet engine
The world’s first hydrogen-powered aircraft engine has been successfully operated by Britain’s Rolls-Royce, demonstrating that the gas could be essential…
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U.N.’s flagship climate conference, the COP27 climate summit opens in Egypt
Top officials urged affluent nations to finally fulfil their broken $100 billion promise as the U.N.’s premier climate summit got…
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UAE increases fuel prices as OPEC cuts oil production
UAE increases fuel prices as OPEC cuts oil production The Emirates General Petroleum Corporation reported on Monday that after falling…
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Eviation’s Alice completes a successful maiden flight
Yesterday, Eviation’s Alice electric aircraft made its inaugural flight, hinting at a time when regional trips of hundreds of miles…
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