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Microsoft to invest over $15 billion in UAE, secures US export licenses for AI chipsMicrosoft plans to invest over $15 billion in the United Arab Emirates in the seven years to the end of 2029 and has secured export license...- ExxonMobil warns EU law could force exit from EuropeEnergy giants are pushing back against new European Union rules. Companies like ExxonMobil and Qatar warn the legislation is too demanding ...
- What India's oil minister said on crude reality of Israel-Palestine warIsrael-Palestine War: India's Union Oil Minister, Hardeep Singh Puri, stated that India is closely monitoring the Israel-Hamas conflict and...
- Commodity Talk: Crude oil prices likely to remain below $100 BBL: Anuj Gupta of HDFC SecuritiesAnuj Gupta, Head Commodity & Currency at HDFC Securities, predicts that crude oil prices will likely stay below $100 per barrel in the long...
- Commodity Talk-After 26% rally, price correction in crude oil not ruled out: Mohammed Imran of SharekhanThe Asian demand has cooled-off in the past two months and non-OPEC supply has picked up, so we expect some macro influence to weigh on the...
- Oil producers need to show sensitivity towards consuming nations: Hardeep Singh PuriIndia's Petroleum Minister, Hardeep Singh Puri, has urged OPEC to consider the impact of surging oil prices on importing countries to preve...
- Oil prices ‘too high’, India calls for higher production by Opec+Chief executive officers of Shell Plc, TotalEnergies SE and Occidental Petroleum Corp., among others, will later Monday discuss plans for t...
- Oil industry 'central' to climate solutions: COP28 head Sultan Al Jaber"For too long, this industry has been viewed as part of the problem, that it's not doing enough and in some cases even blocking progress," ...
- Investments to determine fuel prices at the pump: UAE Energy MinisterThe UAE's energy minister, Suhail al-Mazrouei, stated that fuel prices for consumers will depend on continued investment in fossil fuels. H...
- Citi expects Brent to plunge to low $70s next yearChief executive officers of Shell Plc, TotalEnergies SE and Occidental Petroleum Corp., among others, will later Monday discuss plans for t...
- India advises against sales of oil reserves: Adipec UpdateThe country’s petroleum minister, Hardeep Singh Puri, spoke Tuesday with Bloomberg at the Adipec conference in Abu Dhabi. The comments come...
- UAE, opening oil and gas summit, says no unplugging from hydrocarbonsAbu Dhabi National Oil Co's Chief Executive Sultan al-Jaber said the world could not "simply unplug" from hydrocarbons and that the oil and...
- Indian Oil runs at full capacity on demand reboundIOC has been gradually raising crude runs at its plants, which plunged to about 39% at the beginning of April when a nationwide coronavirus...
- Saudi energy minister says OPEC+ oil output deal could be tweakedThe Saudi minister was commenting after being asked whether OPEC+ - which groups OPEC states, Russia and other producers - would keep exist...
- UAE's ADNOC CEO says oil demand may fluctuate in coming months"We expect that oil demand will grow to over 105 million barrels per day by 2030, and continue to supply over half the world’s energy needs...
- Abu Dhabi oil company hires India's strategic oil storageADNOC had in February this year signed a pact to fill half of the 1.5 MT strategic oil storage at Mangalore. On Monday it signed a similar ...
- Global energy market witnessing shift from BRIC era: YerginThe global energy market is witnessing a shift from the BRIC era which was dominated by huge demand and squeezed supply to a time of abunda...
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