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ADIPEC MEETING
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 ...
- 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," ...
- 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...
- 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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